Ryan Hughes (@ryan_hughes_ins) 's Twitter Profile
Ryan Hughes

@ryan_hughes_ins

I build insurance software

ID: 1236034318499303425

linkhttp://www.conduituploads.com calendar_today06-03-2020 21:02:06

983 Tweet

1,1K Followers

1,1K Following

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There will be a day in the near future where all a carrier will need to do to start downloading policies to agents is put a credit card in and start forwarding emails

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I will forever hold the belief that there will be a company that does what Plaid does for insurance transactions. The insurance industry needs a publicly available, simple API to send policy data, quote requests, commission information, etc. That’s what we’re building at

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If I start an insurtech that wants to serve clients on different agency management systems, is the only option to go and integrate with them one by one? Is there really no SaaS product where I can just send an activity and it goes into whatever agency management system my client

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Ever wonder why some carrier downloads are great and others suck? Laziness Oh and also because the way they work today is really silly and rules aren’t enforced

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A single API for any carrier or insurtech to send data to any AMS, without building a dozen different integrations. Fundamentally, that’s it.

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In an effort to make downloading policies and quotes into Agency Management Systems available to basically anyone who wants to do it, I built what I wish I had when I was starting this process. For context, there are basically no tools to help with creating AL3 files, other than

In an effort to make downloading policies and quotes into Agency Management Systems available to basically anyone who wants to do it, I built what I wish I had when I was starting this process.

For context, there are basically no tools to help with creating AL3 files, other than
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What Agents want: Their systems to all talk to each other What Vendors and Carriers want: A way to talk to all of their Agents systems What doesn’t exist: A way to do this

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I agree. Training models on industry specific or agency specific information is not, in my opinion, a big enough competitive advantage for a business. Prior to OpenAI, it was. It used to require technical knowledge to train a model. I’m bearish on workflow specific models and

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I disagree with the idea that there has been too much consolidation in the insurance technology space. There are far too many insurtech vendors out there with growth that has stalled and they’re stuck between fundraising rounds at horrible terms or a fire sale. They’ve hit a

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Found out today that Coterie has an API to get policies. Who do I need to talk to there to get access so the agents on Conduit can download their policies?

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One belief I have: The next big winner in the insurtech space won’t be the one that “connects to carriers” it will be the one that allows the carriers an easy way to connect to all the AMS systems. As a carrier, you have a choice: Integrate with the dozens of different

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The following are assumptions I am making about the insurance industry that will need to be true for Conduit to succeed 1) Carriers want direct connections to Agency Management Systems 2) Agents are willing to share their data directly with Carriers to save time and money 3)