The Azos, insurtech specialized in life insurance solutions, announced the launch of a new feature called "Comparator". Developed using Artificial Intelligence, The Comparator promises to provide more practicality and agility to brokers, allowing for quick and accurate comparison of Azos coverage prices with those of other companies
Bernardo Ribeiro, co-founder and CMO of Azos, believes that the new tool will increase efficiency in customer service. This is our third launch of the year focused on Artificial Intelligence. We know that time is a valuable resource for brokers, therefore, we developed this feature to optimize and speed up processes. We want to ensure that our partners can respond with more agility and effectiveness, offering a more comprehensive service, comment Ribeiro
To use the Comparator, the brokers must access the Azos Management Panel, click on 'Azos Comparator' in the sidebar and select 'New Comparison'. After filling in the fields with the client's data and sending an existing policy from another company in PDF format, the system generates a comparison with price estimates for the same coverages in a few minutes
Since its foundation in 2020, Azos has been a pioneer in the use of internally developed technological solutions. The insurtech already has several tools based on Artificial Intelligence, like the AI 'FRED', capable of analyzing policies in less than 30 seconds. Recently, the company also launched the Quoter, a system available on WhatsApp that allows brokers and investment advisors to make quick product quotes, inclusive via audio, with the AI interpreting the message and returning the estimated values
The launch of these tools highlights the importance of investing in technology in the life insurance sector. According to CNseg, the insurance market is expected to expand and represent 10% of GDP by 2030, driven by technology investments that could reach US$ 362 billion by 2025
Investments in technology are essential for the evolution of the sector. With innovative tools and AI-based solutions, companies can improve service efficiency and better meet customer needs. As the insurance market grows, technology is becoming increasingly important to ensure that the sector remains competitive and aligned with the expectations of policyholders, concluded Bernardo
