Irys Monthly Newsletter: December 2024 Edition

Celebrating Innovation and Community

As 2024 draws to a close, we take a moment to reflect on the incredible journey we've shared this year. It has been a year of transformation, progress, and collaboration, and we are immensely grateful for the partnerships, milestones, and achievements that have shaped Irys. The end of the year is a time to express gratitude to our clients, partners, and team members who have contributed to our shared successes. As we look ahead to 2025, we’re excited to continue building on these strong foundations and embracing the future of insurtech with innovation, AI, and a commitment to excellence.

Exciting News

Margeaux Giles Joins InsurTech Florida Board

We’re thrilled to announce that our CEO, Margeaux Giles , has been appointed to the InsurTech Florida board. Her leadership and vision will drive innovation, collaboration, and growth within Florida’s insurance landscape. This milestone underscores Irys’s commitment to fostering regional innovation and making a lasting impact.

Read more ??

Irys’s 2025 Vision

As we prepare for 2025, Irys is focused on delivering even more innovative solutions to streamline insurance workflows and enhance operational efficiency. From AI-driven tools to seamless data integration, we’re committed to empowering brokers, carriers, and agencies to thrive in a rapidly evolving industry. Stay tuned for exciting updates in the coming months!

?? December Blog Spotlight

The Future of Tech: Gartner’s 2025 Trends and How IRYS Is Redefining the Insurance Ecosystem

As we approach the new year, staying ahead of technological trends is critical for businesses looking to remain competitive. Gartner ’s 2025 predictions are packed with insights that will shape industries worldwide—and the insurance sector is no exception. In this blog, we explore the key trends Gartner has identified and how Irys is at the forefront of these innovations, paving the way for the future of insurance.

• Key Gartner Trends Shaping 2025 Gartner’s 2025 technology trends focus on the evolution of artificial intelligence (AI), blockchain, and automation, among others. These technologies are no longer on the horizon—they’re here and ready to drive change. From AI’s growing role in decision-making to the increasing adoption of intelligent automation, Gartner’s report underscores the urgency for businesses to adapt quickly.
• AI is Becoming the Backbone of Insurance Operations AI has long been a buzzword in insurance, but in 2025, it will be the backbone of day-to-day operations. At Irys, we are already implementing AI-driven solutions that streamline workflows, reduce human error, and optimize claims processing, underwriting, and customer service. Our approach to AI isn’t just about speed; it’s about ensuring that each decision is data-driven, precise, and scalable.
• Scalable and Secure Infrastructure As the need for AI grows, so does the demand for robust, secure infrastructure. The blog discusses how insurers must future-proof their technology stack to handle the growing volumes of data, all while ensuring data security and compliance. With Irys’s cloud-based solutions, insurers can take advantage of scalable platforms that ensure performance and security without the need for complex on-premise infrastructure. Our dynamic data exchange solutions make it easy to integrate and scale while maintaining the highest standards of data integrity.
• Blockchain and the Future of Insurance Contracts In addition to AI, blockchain is expected to play a significant role in the future of insurance. The blog explores how blockchain could transform everything from policy issuance to claims verification by offering tamper-proof solutions for contract management. At Irys, we are keeping a close eye on blockchain’s potential, integrating it where applicable to bring greater transparency and trust to insurance contracts.
• AI-Driven Adaptability: Staying Ahead of the Curve The evolving landscape of insurance demands constant adaptation. We take a deep dive into how AI can future-proof insurance organizations by enabling them to quickly pivot to new business models, adjust to regulatory changes, and respond to market demands in real-time. The blog highlights real-world examples of how Irys has helped clients implement flexible, AI-powered solutions that not only adapt to change but drive it.
• Transforming Customer Experience In today’s competitive market, providing a seamless and personalized customer experience is no longer optional—it’s expected. Our blog discusses how AI is enabling insurers to create highly personalized, automated interactions that improve customer satisfaction and loyalty. From AI-driven chatbots that handle inquiries in real-time to predictive analytics that anticipate customer needs, the future of insurance is all about delivering a personalized, proactive experience.
• Why Now Is the Time for Digital Transformation The blog concludes by emphasizing the importance of adopting these technologies today rather than tomorrow. The competitive advantages are clear: Insurers who invest in AI, blockchain, and scalable cloud platforms will be better positioned to adapt to changing market conditions, improve operational efficiency, and deliver superior customer experiences. At Irys, we are committed to helping our clients make these transformative leaps today so they can thrive in the future.

?? Read the full blog ??

??? December Podcast Recap

Insurance Unplugged: Insights from Industry Trailblazers

December brought another round of transformative insights from Insurance Unplugged, hosted by Lisa Wardlaw . Here’s a recap of this month’s standout episodes:

1?? Bryan Davis, ChFC, CPCU – President, VIU by HUB The Digital Revolution in Claims

• Data-driven claims processes improve efficiency and accuracy.
• AI-powered tools reduce fraud and enhance customer satisfaction.
• Investing in digital transformation is essential for staying competitive.
• ?? Listen now ??

2?? James Berrocal Sizemore – Chief Strategy Officer, 咨科和信 Harnessing Data for Smarter Underwriting

• High-quality data fuels better risk assessments and pricing models.
• Real-time data integration enhances agility in decision-making.
• Collaboration between tech and business teams ensures successful AI adoption.
• ?? Listen now ??

3?? Tammy Coley – Chief Transformation Officer, BlackLine Transforming Accounting for Insurance Distribution

• Finance teams can eliminate 75% of manual work by leveraging AI-powered tools like BlackLine.
• BlackLine optimizes key insurance operations, including commission reconciliations and cash application.
• AI drives smarter accounting with automated transaction matching and anomaly detection.
• ?? Listen now ??

?? Catch these episodes for actionable insights and transformative strategies!

Event Highlights

December: InsurTech Florida Launch & RISE Professionals Pop-up

?? Tampa Club | December 10, 2024 Tim Lovett and the RISE Professionals hosted an inspiring evening to celebrate the official launch of InsurTech Florida . This event brought together industry leaders, innovators, and professionals passionate about advancing insurtech solutions in Florida. Irys was proud to support this milestone and strengthen ties within the local insurance community.

Upcoming January Events

Irys LinkedIn Live: AI in Accounting, Reporting, and Analytics

?? January 16, 2025 | ?? 11:00 AM EST

Our first LinkedIn Live of 2025 will feature Lisa Wardlaw, Lindsey Strong, CIC , and Margeaux Giles. Join us as they explore how AI-driven tools are revolutionizing accounting workflows, enhancing reporting accuracy, and simplifying analytics in insurance. Don’t miss this interactive session where we’ll demonstrate the power of talking directly to your data!

Register here ??

Independent Insurance Agents of Texas (IIAT): Joe Vincent Management Seminar

?? Austin, TX | January 26-28, 2025 Irys CEO Margeaux Giles will be a featured panelist at this premier seminar for insurance professionals:

• Panel Discussion: Evolving with AI ??? January 27, 2025 | ?? 10:30 AM - Noon Explore how AI is transforming insurance workflows and redefining what’s possible across the industry.
• Breakout Session: Concurrent Sessions ??? January 27, 2025 | ?? 3:00 - 4:00 PM Dive deeper into AI’s impact during this engaging breakout session.

Thank You for an Incredible 2024

As we wrap up the year, we extend our heartfelt gratitude to our clients, partners, and colleagues. Your support inspires us to push boundaries, embrace innovation, and create meaningful change in the insurance industry. Here’s to an even more transformative 2025 ahead! ???

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