Insurtech startup ennabl and Relativity6 have signed a partnership allowing insurance brokers to utilise Relativity6’s search and classification technology
Insurance brokers may use Relativity6’s search and classification technologies to uncover appropriate customer industry classifications from within ennabl, thanks to a partnership between insurtech company ennabl and data classification specialist Relativity6.
Machine learning (ML) technologies will be provided by Relativity6 to ennabl users in order to obtain the finest information about their consumers and provide them with personalised insurance recommendations.
Improving relationships with clients
Relativity6 takes a unique approach to this problem, training machine-learning technology to scan publicly available information about a business, such as websites, reviews, press releases, and social media, and identify the best industry classification in real-time, rather than building large, quickly obsolete databases of business classifications. Insurance brokers who use the ennablDATA platform can now use Relativity6 to better understand all of their customers and prospects.
Relativity6’s President and CEO, Alan Ringvald, stated “In order to provide the greatest service to their clients, insurance brokers must accurately categorise small businesses. Insurance producers will be able to use Relativity6 to better their client interactions because to our agreement with ennable.”
Providing better access to data
ennabl was formed in 2020 on the assumption that insurance brokers waste too much time and money inputting and updating data across disparate systems. The objective of ennabl is to free insurance professionals from data input so they can focus on their most valuable assets: their customers.
ennabl’s CEO, Kabir Syed, commented “We’re ecstatic to be partnering with such a forward-thinking firm as Relativity6. ennabl is the only firm in the Insurtech market to offer this ground-breaking solution for improving customer data accuracy.”
ennabl becomes one of the fastest-growing providers of data and growth solutions for the insurance market as a result of this partnership. This cooperation broadens ennabl’s platform’s reach, expanding its offerings and giving it access to the world’s largest database.
