Ausure recognised as 5-Star Insurance Innovator
Ausure and 247 Systems are delighted to be named a 5-Star Insurance Innovator for 2021 by Insurance Business.
In March 2021, Ausure partnered with Insure-tech company 247 Systems to work on future-proofing their business, developing technology systems to automate processes and communicate with insurer systems with ease.
The 5-Star Insurance Innovators report highlights companies that are seen to be actively moving the insurance industry forwards.
Companies are recognised for visionary initiatives, taking advantage of the possibilities of technology in fresh ways, introducing groundbreaking products or rolling out new distribution channel strategies.
“Over the past year, the insurance industry has seen a host of fast and necessary changes … insurance organisations have been forced to adapt to ensure they can continue to drive business growth and deliver the results their clients expect. Plenty of companies met these challenges head-on, engineering creative solutions to the problems they and their clients were facing,” reports Insurance Business magazine.
“One of our key strategic objectives at Ausure, ” reveals Ausure CEO Scott McCarthy, “is to provide a system that significantly changes how a broker at Ausure interacts with technology.”
“Typically, insurance broking software used by brokers in Australia chronically lags behind software in other industries. For many transactions there is double (or more) keying required and data entered into external parties systems (that is useless to the broker) and that is just to raise a policy or send the client an invoice. There is little automation, a disjointed market place and limited AI advice.”
“We partnered with 247 Systems to fast track our technology journey with the end goal of delivering a system that enables Ausure brokers to provide significant efficiency gains, AI advice to compliment the role of a general insurance advisor, greater marketing capability and more powerful reporting.”
General Manager – Head of Communications & Digital at Ausure, Stephen Sloan,
“Ausure has a number of digital projects planned and 247 Systems offer some cutting edge advantages for Ausure’s brokers. We are determined to keep Ausure at the cutting edge of Insurance Technology.”