(American Life Insurance Guide News) The Ohio Insurance Agency Brokers Association (OIA) established IntelligentAgent LLC, a data analysis-driven organization dedicated to independentInsurance brokerProvide feasible services based on big data.
This "smart broker" system will helpIndependent insurance brokerUse big data to make better business decisions.Through cooperation with independent insurance agent associations in other states, the smart broker system can access thousands of independent data points of independent insurance agencies and can transform them into a business intelligence system.
So far, the Ohio Insurance Agent Brokers Association has also introduced six investors, including Florida Agent Brokers Association, Illinois Independent Agent Brokers Association, Massachusetts Insurance Agent Brokers Association, Michigan Insurance Agent Brokers Association, Insurance brokers or agents in Pennsylvania, Maryland, and Delaware, and independent insurance agents in North Carolina.Together with independent brokers and agents, these associations provide independent insurance agent brokers with the data needed for data analysis.
By 2019, the products and services of "smart brokers" will be put into use in the states where these investors are located and several other "subscription" states.In 2020, the system will continue to rapidly expand to the United States, serving more independentInsurance broker.
(American Life Insurance GuideNet report)