Broker Insights Joins ACT
The Big “I” Agents Council for Technology (ACT) is pleased to welcome Broker Insights as its newest supporting partner.
Broker Insights is a data and AI partner for commercial insurance. It connects independent agents and brokers with carrier and managing general agent (MGA) partners through shared, governed data. Its flagship platform, Broker Insights VISION™, draws on data from any agency management system (AMS) to give brokers a single view of their book of business, letting them simulate placement strategies and see projected commercial outcomes before committing.
Founded in the U.K. in 2018, Broker Insights built the UK’s largest independent commercial insurance data lake and brought that same engine to the U.S. in 2022. Commercial insurance doesn’t need more data, it needs more insight, and that’s what VISION delivers: it already powers over 40% of U.K. placement decisions, and brokers using it have placed 24% more GWP with preferred carrier partners. VISION is also ISO 27001 certified, meeting a globally recognized standard for data security.
“Agencies are sitting on more data than ever, but turning it into a strategic asset is an ongoing challenge for independent agencies,” says Kasey Connors, ACT executive director. “Broker Insights’ practical, relationship-focused approach to data will be a valuable addition to the conversations we’re having with ACT members about where technology and clean, digestible data insights can help agencies.”
“We’re excited to join ACT and form a deeper connection with the independent agency community here in the U.S.,” said Peter Scott, CEO of Broker Insights. “Agencies are being asked to do more with the data they already have, and closing the information gap between brokers and insurers is central to that. We’re looking forward to working alongside ACT members to talk through what that looks like in practice.”
As a supporting partner, Broker Insights will engage across ACT’s Data, Connectivity and AI pillars, helping agencies improve data quality and access, while supporting placement optimization and broker-carrier relationships through data and AI tools.
Learn more about Broker Insights.
The Agents Council for Technology (ACT) is a program of the Independent Insurance Agents & Brokers of America (the Big “I”) that provides a forum for agents, carriers, vendors, and thought leaders to collaborate on industry technology issues. ACT supports agencies’ business goals by providing valuable industry insights, tools and a collective voice for the future of the independent agency channel.