IRYS Insurtech

?? Exploring GenAI’s Power in Insurance Distribution with IRYS Insurtech! ?? In the latest Insurance Unplugged episode, Lisa Wardlaw chats with Brendan Mulcahy, VP of Technology and Innovation Partnerships at SIAA about how GenAI is redefining insurance distribution. This conversation sheds light on how AI is revolutionizing partnerships, enhancing data integrity, and paving the way for scalable growth. Key Takeaways: ?? AI-Driven Distribution: GenAI enables agencies to deliver hyper-personalized client experiences, turning data insights into timely, tailored recommendations and solidifying their role as trusted advisors. ?? Expanding Partnerships: AI is broadening agency networks, making way for collaborations beyond traditional channels—think partnerships with contractors, realtors, and industry groups for a more robust distribution ecosystem. ?? Data Quality = AI Precision: Clean, consistent data is the backbone of effective AI solutions. Quality data means quality insights, helping agencies leverage AI with accuracy and confidence. ?? Scalable AI Solutions: For large and small agencies alike, IRYS Insurtech’s tools, like the Mesh SDK, embed AI directly into workflows. This enables real-time decision-making in claims, customer service, and more. ?? Why This Matters: GenAI is reshaping insurance distribution from the ground up. By focusing on data quality, innovative partnerships, and scalable solutions, IRYS Insurtech empowers agencies to evolve with the demands of an AI-driven industry. Curious about how GenAI can elevate your distribution strategy? Dive into the full conversation with Lisa and Brendan on Insurance Unplugged. ?? https://buff.ly/4fyMz4Q #IRYSInsurtech #GenAI #InsuranceDistribution #DataQuality #FutureOfInsurance #Innovation

?? Generative AI is transforming the insurance industry, but are we ready to escape "pilot purgatory"? In a recent McKinsey article, industry leaders discussed how insurance companies can leverage AI beyond isolated pilots to create scalable, game-changing solutions. One key insight stood out: "Reimagining domains like claims, underwriting, and distribution isn’t optional—it’s essential for meaningful change." For brokers and distribution channels, this is monumental. AI needs to be embedded into workflows, not bolted on as an afterthought. As McKinsey’s Cameron Talischi notes, "AI must work seamlessly with data and processes to drive meaningful ROI. Misplaced focus on tech alone won’t cut it." At Irys, this is the future we're already building: ? Embedding AI into distribution workflows to enable real-time decision-making. ? Replacing fragmented systems with dynamic data mastery and insights. ? Helping brokers, carriers, and MGAs unlock new efficiencies and opportunities. ?? But the road to success starts with one thing: data. Poor-quality data means poor AI outcomes. That’s why we combine generative AI with robust data management to ensure AI is empowering, not burdensome. ?? The whole conversation on AI’s transformative power is worth diving into. Check out McKinsey’s article (Link in the comments!) ?? What’s your take? Are brokers and carriers ready to move from "pilot purgatory" to truly transformative AI? Drop your thoughts below ?? #InsuranceDistribution #AIinInsurance #InsurTech #DataDriven

?? Celebrating Margeaux Giles’ Leadership and Birthday! ?? On this special day, we’re not just celebrating Margeaux Giles, CEO of IRYS Insurtech, for her birthday—we’re also spotlighting her groundbreaking vision for the future of insurance! In her recent interview with Insurance Knowledge Hub, Margeaux shared transformative insights into how IRYS Insurtech is redefining the insurance landscape. She discussed IRYS’ Dynamic Data Exchange and Marketplace, a decentralized solution enabling seamless, API-less data sharing across carriers, agents, and brokers. By breaking down silos, this marketplace fosters collaboration and accelerates decision-making across the value chain. She also highlighted IRYS’ embedded GenAI workflows, which automate critical insurance operations. By integrating GenAI with real-time data processing, IRYS enhances accuracy, speeds up decisions, and empowers your enterprise to stay agile in a competitive market. Margeaux’s leadership is driving the future of insurance innovation—and today, we honor her as both a visionary and a trailblazer. ?? ??? Don’t miss her full interview for more insights: https://buff.ly/3UWjXKk Join us in wishing Margeaux a Happy Birthday and celebrating her impactful contributions to the industry! Drop your birthday wishes and reflections below! #IRYSInsurtech #InsuranceInnovation #GenAI #HappyBirthdayMargeaux #IndustryLeadership

?? November Blog is LIVE—AI & Security in Insurance: The Future of Data Integrity at IRYS ?? As AI reshapes insurance, security and data integrity are critical. At IRYS Insurtech, we’re pioneering an AI-driven approach that not only enhances operational workflows but also ensures that data is secure, trusted, and ready for real-time decision-making. Lisa Wardlaw explains how we’re setting new standards in AI and security: ?? Tamper-Proof Databases Trustworthy AI requires dependable data. Our tamper-proof databases protect every piece of information, giving enterprises a secure foundation to make informed decisions in marketing, claims and fraud detection. ?? Interoperable, Scalable AI Our solution seamlessly connects across Web2 and Web3, enabling interoperability across legacy and modern systems. This approach ensures that AI insights are accurate and actionable, breaking down silos for an ecosystem where information flows freely. ?? Embedded AI Workflows With real-time, AI-embedded workflows, IRYS empowers insurers to drive efficiency and customer satisfaction by embedding insights directly into operational tasks. From claims processing to customer service, AI is always at your team’s fingertips, naturally integrated into every step. ?? HTAP: Real-Time Transactions and Insights Hybrid Transactional/Analytical Processing (HTAP) enables real-time data analysis and transactional processing. It’s a game-changer for insurance companies who need to respond quickly to evolving situations, like fraud or customer inquiries. At IRYS, we’re more than just tech—we’re building an AI-secure future for insurance. Read all about it here:https://buff.ly/40SuxpM #AI #Security #InsuranceInnovation #DataIntegrity #FutureofInsurance #IRYS

?? AI’s Value in Insurance Distribution: A Game-Changer! ?? The numbers are in: AI is redefining insurance, especially distribution, in ways we can’t afford to ignore! Here’s what Boston Consulting Group (BCG)’s latest report reveals: ?? Up to 40% increase in productivity across distribution channels with automation, letting agents focus on client engagement over admin tasks. ?? Customer Retention Boost: Personalized AI insights improve customer retention rates, driving loyalty by meeting specific needs. ?? Efficiency Gains: Some insurers have cut operational costs by 20-30% using AI, freeing resources for more impactful growth. Curious about how AI can transform your operations? Dive deeper into BCG's findings specific to insurance on Page 13- Link in comments! #InsuranceInnovation #AIinInsurance #FutureOfInsurance #ProductivityBoost

?? Unpacking GenAI’s Impact on Insurance Distribution with IRYS Insurtech! ?? In the latest episode of Insurance Unplugged, Lisa Wardlaw Wardlaw and Gary Hoberman CEO of Unqork discuss how GenAI and no-code technology are reshaping insurance distribution. This conversation unveils a transformative path for the industry, moving beyond legacy systems and unlocking new efficiencies. Key Takeaways: ?? Bridging Tech Gaps: GenAI and no-code solutions offer insurers a cohesive, data-driven distribution system, enabling brokers, agents, and carriers to work seamlessly across the value chain. ?? No-Code Innovation: Hoberman explains how no-code platforms empower teams to allocate more resources to innovation rather than maintenance. This shift lets insurers meet evolving customer needs with agility. ?? Eliminating Redundant Data Entry: GenAI can help achieve a “one-entry-only” approach, reducing duplicative data entry and boosting operational efficiency across distribution networks. ?? AI Fulfillment Center: Imagine AI as your team’s virtual assistant, streamlining underwriting, policy issuance, and compliance for a more agile insurance ecosystem. ?? Why This Matters: Legacy systems often hinder innovation. With GenAI and no-code frameworks, insurers can prioritize clean, timeless data—a foundation for scalable, future-proof systems. Curious about how GenAI can elevate your distribution strategy? Tune in to the full discussion with Lisa and Gary on Insurance Unplugged ?? Listen here https://lnkd.in/eAPjFv4V #IRYSInsurtech #GenAI #NoCode #InsuranceTransformation #InsuranceDistribution #CustomerEngagement

?? GenAI in Insurance Distribution: The Shift from Hype to Reality In a recent Insurance Unplugged podcast episode, Florian Graillot breaks down how GenAI is transforming insurance distribution with host Lisa Wardlaw. Pair that with Bain’s deep dive into this trend, and the message is clear: GenAI is a true game-changer for insurance. At IRYS, we’re excited about GenAI’s potential to elevate customer engagement and streamline operations in insurance: ?? Precision Distribution: GenAI brings a new level of personalization, allowing insurers to target and reach clients in more meaningful ways. ?? Smart Operations: By automating key processes, GenAI enables teams to focus on strategy rather than repetitive tasks. ?? Stronger Client Relationships: With virtual advisors, insurers can maintain closer, data-driven connections with their customers. ?? Listen to Florian’s insights on how GenAI is driving these advancements in insurance! Check out the episode here ?? https://buff.ly/3UESm02 #InsuranceInnovation #Insurtech #GenAI #CustomerEngagement #IRYSInsurtech

?? Celebrating Innovation at IRYS Insurtech! ?? We’re incredibly proud to announce that Margeaux Giles and Lisa Wardlaw have been named among Insurtech Insights’ Top 20 Female Trailblazers Driving Insurance Innovation! Their dedication to reshaping the insurance industry through technology and innovation has earned them this well-deserved recognition. Both are pushing the boundaries of what’s possible in insurtech, leading the charge toward a smarter, more resilient industry. Congratulations to Margeaux and Lisa on this outstanding achievement! ?? IRYS Insurtech would also like to congratulate the amazing women included in Insurtech Insights' Top 20 Female Trailblazers Driving Insurance Innovation! This group of women is full of game-changing, cutting-edge, trailblazers in the industry! ?? Read More here: https://buff.ly/3Co6jcA #IRYSInsurtech #InsuranceInnovation #WomenInTech #Trailblazers #InsurtechInsights

???? Honoring Our Veterans ???? On this Veteran’s Day, IRYS Insurtech extends heartfelt gratitude to all veterans for their service, bravery, and commitment to protecting our freedoms. Today, we honor the incredible sacrifices made by those who serve and their families. Your dedication inspires us daily. Thank you for your courage and strength. #VeteransDay #ThankYouVeterans #IRYSInsurtech #Gratitude #ServiceAndSacrifice

?? Transform Insurance Accounting with IRYS: Real-Time, Fully Compliant Commission Matching ?? In the insurance industry, commission reconciliation can often feel tedious and error-prone. IRYS is changing that with embedded AI that automates commission matching in real-time, ensuring alignment with ASC 606: Revenue from Contracts with Customers. The result? A seamless, transparent view of earnings for stakeholders across the industry—no manual reconciling, waiting, or guesswork involved. Key Benefits: ?? Effortless Efficiency: Automated commission matching eliminates manual work, freeing up valuable time. ?? Accuracy at Scale: With real-time matching, errors are minimized, ensuring financials remain precise and reliable. ?? Total Transparency: Stakeholders gain instant access to commission data, enhancing trust and satisfaction. ?? Compliance Simplified: IRYS is fully ASC 606-compliant, automating revenue recognition standards reliably. ?? Built to Scale: As your organization grows, IRYS adapts to handle increasing volumes smoothly. If you’re looking for a streamlined solution to commission reconciliation, IRYS brings the future of accounting to your fingertips. Ready to transform your workflows? Contact us for a demo today! #EmbeddedAI #InsuranceInnovation #CommissionMatching #ASC606 #RevenueRecognition #Automation #Compliance #Efficiency #Transparency