Anderson : I always seek out new solution providers with the “ next best idea .” Sometimes they are too optimistic , and sometimes they really do have a great idea . Helping agents discover , evaluate , and select the right vendor with the right solution for their agency is what we do a Catalyit . With that said , a couple of vendors that are worth watching would include Quandri and Gaya AI . •
transfer , which allows many things such better risk matching , quicker times to a bindable rate , improved claims processes , less duplicative entry .
ARE THERE ANY “ INSURTECHS TO WATCH ” YOU CAN MENTION ?
Cass : Gaya AI . Many others are needed and are doing great things , yet Gaya solves major problems for agents and carriers . AI in the browser is the next greatest thing and they own that .
Knight : I think Gaya AI is going to give help streamline the process of agencies quoting with multiple companies event if they don ’ t open their carrier API . For another , Cake is the InsurTech that I see and kick myself saying , “ Why didn ’ t I think of that .” With M & A activity being so high , having a digital marketplace that simplifies that process has tremendous potential .
solution aimed at addressing it . But , those who are winning are those who invest in understanding our industry , the economics and key metrics , and ultimately appreciating the risk bearing nature of what we all do . This enable a much more thoughtful approach to solutions and how a company positions itself in the market . We are very fortunate to work with many companies who ’ ve taken this approach as supporters of our industry as partners with ACT , state associations , and truly active participants in broader industry conversations .
Anderson : I always seek out new solution providers with the “ next best idea .” Sometimes they are too optimistic , and sometimes they really do have a great idea . Helping agents discover , evaluate , and select the right vendor with the right solution for their agency is what we do a Catalyit . With that said , a couple of vendors that are worth watching would include Quandri and Gaya AI . •
P . Cline : If I put an investor hat on , I ’ m partial to companies that aren ’ t solely reliant on agent tech spend , whether that be because they are using agents as an affiliate partner or because the tech they are building is transferable to another similar industry , like real estate .
From an industry perspective , I think companies approaching spaces that have typically been underserved or misunderstood , like cyber or E & S , are particularly interesting . In those cases , we like to see if the founders have a unique insight into the space , whether that ’ s because they ’ ve spent years of their career there and have a certain expertise , or whether they are coming from outside the space and have a novel angle because they are bringing along strategies that worked in another industry .
C . Cline : There really are some great companies that have emerged and made it through the first wave of this insutech . Rather than name specifics , I like to take about the “ why ” when considering what makes them worth watching . Many have genuinely identified a real pain point and built a
KAIA . COM / TECHNOLOGY-RESOURCES / CATALYIT
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