IRYS Insurtech

🚀 Transform Insurance Accounting with IRYS: Real-Time, Fully Compliant Commission Matching 🚀 In the insurance industry, commission reconciliation can often feel tedious and error-prone. IRYS is changing that with embedded AI that automates commission matching in real-time, ensuring alignment with ASC 606: Revenue from Contracts with Customers. The result? A seamless, transparent view of earnings for stakeholders across the industry—no manual reconciling, waiting, or guesswork involved. Key Benefits: 💡 Effortless Efficiency: Automated commission matching eliminates manual work, freeing up valuable time. 💡 Accuracy at Scale: With real-time matching, errors are minimized, ensuring financials remain precise and reliable. 💡 Total Transparency: Stakeholders gain instant access to commission data, enhancing trust and satisfaction. 💡 Compliance Simplified: IRYS is fully ASC 606-compliant, automating revenue recognition standards reliably. 💡 Built to Scale: As your organization grows, IRYS adapts to handle increasing volumes smoothly. If you’re looking for a streamlined solution to commission reconciliation, IRYS brings the future of accounting to your fingertips. Ready to transform your workflows? Contact us for a demo today! #EmbeddedAI #InsuranceInnovation #CommissionMatching #ASC606 #RevenueRecognition #Automation #Compliance #Efficiency #Transparency

💥 "Data is our asset. It is what we have to leverage every single day." - Lindsey Strong 💥 Tune into Lisa Wardlaw's Insurance Unplugged where Lindsey Strong, CIC, Chief Product Officer at IRYS Insurtech, discusses why data quality is foundational to modern insurance distribution. Here’s what she shared: 🔍 "Data quality for insurance and distribution is more than just clean data; it affects everything we do, how we work effectively as agents and brokers, and how we serve our clients." 🔍 🤖 "Our data quality portal was created to provide a solution that continuously monitors and improves data quality... it evolves alongside the organizations it interacts with." 🤖 🔑 Key takeaways: 💡 Data quality isn’t a checklist item—it’s the backbone of AI in insurance distribution. 💡 AI-driven data quality transforms outdated, manual processes into automated, real-time insights, allowing brokers to stay agile. If you’re in insurance, it’s time to think of data quality as a continuous asset that drives operational efficiency. 🎧 Listen to the full episode to see how IRYS Insurtech is setting new data quality standards: https://lnkd.in/ebXpeudq #InsuranceUnplugged #DataQuality #AIinInsurance #IRYSInnovates #InsuranceTech

🎙️ Insurance Unplugged: October Podcast Recap Throughout October, IRYS Insurtech proudly sponsored Lisa Wardlaw’s Insurance Unplugged podcast series, exploring how AI, data, and innovation are transforming the insurance industry. Here’s a look at the conversations that shaped this series: 1️⃣ Florian Graillot – Founding Partner, astoryaVC (10.02.24) 🔍 Discussed insurtech trends and venture capital’s role in driving innovation. 🔑 Key Takeaways: AI enhances agent productivity and unlocks $50B in potential impact. Young talent is key to future industry growth. 🔗https://buff.ly/3YrlRnd 2️⃣ Margeaux Giles – CEO & Co-Founder, IRYS Insurtech (10.09.24) 💡 Explored the evolving complexity of insurance distribution. 🔑 Key Takeaways: Generative AI boosts sales and operations. Continuous tech investment is essential for growth. 🔗https://buff.ly/4fpHefv 3️⃣ Scott Dykstra – CTO & Co-Founder, Space and Time (10.30.24) 🌐 Discussed tamper-proof databases and Web3’s impact on insurance. 🔑 Key Takeaways: Decentralized data enhances security and scalability. Smart contracts can transform insurance processes. 🔗https://buff.ly/3YlrIKO 4️⃣ Austin Przybysz – CTO, Instruxi (10.23.24) 🌐 Explored the intersection of Web3 technology and insurance, focusing on HTAP databases and secure data sharing. 🔑 Key Takeaways: Web3 shifts data ownership to consumers, enhancing control and trust. Intent and consent are critical for ethical data handling in the future of insurance. 🔗https://buff.ly/48v0Yfp 5️⃣ Bhaskar Kalita (BK) – Global Head of Financial Services and Insurance, Quantiphi (10.30.24) 🤖 Delved into the transformative impact of generative AI on the insurance distribution value chain. 🔑 Key Takeaways: AI as a service offers scalable solutions for insurance companies. Agents and brokers need to embrace AI now to drive efficiency and transformation. 🔗https://buff.ly/3YjKbas These episodes challenge the status quo and offer bold strategies for building the future of insurance. Missed an episode? 🎧 Catch up now and join the conversation shaping tomorrow’s industry. #InsuranceUnplugged #IRYS #AI #Web3 #Insurtech #Innovation

🍁 Today, IRYS is launching 🚀 our October blog! 🍁 Head over to iryscloud.com to read it! 🔗 https://buff.ly/3YMxEOl Check out our blog for a recap of our September webinar, Revolutionizing Distribution: How GenAI is Shaping the Future of Your Enterprise. Lisa Wardlaw, President and Founder of 360 Digital Immersion , moderated the webinar. IRYS had insurance industry innovators Margeaux Giles, CEO of IRYS Insurtech; Gary Hoberman, CEO of Unqork; and Bhaskar Kalita (BK), Global Head of Financial Services and Insurance at Quantiphi, speak about AI in insurance distribution. Curious about our key 🔑 takeaways from the webinar? The panelists discuss how AI will improve insurance distribution, from data as king to LLMs to AI-embedded workflows. Ready to take the jump and learn more about it? Read the blog to learn more and read our IRYS takeaways! You can watch the webinar on our YouTube channel: https://buff.ly/3Uriwnb #OctoberBlog #IRYSInsurtech #AIinInsuranceDistribution

🌟 IRYS Insurtech Wins at Global Insurtech Awards 2024! 🌟 We’re incredibly honored and thrilled to share that IRYS Insurtech has been celebrated at the Global Insurtech Awards 2024! Our CEO, Margeaux Giles, was awarded the prestigious Insurtech Influencer of the Year, and IRYS received high commendations for Best Insurance Management System and Most Promising Start-Up. These awards highlight our team's dedication, hard work, and vision in pushing the boundaries of insurtech innovation. Thank you to our clients, partners, and followers for believing in our mission to redefine insurance distribution through transformative technology. We couldn’t have achieved this without your support! As we celebrate this win, we’re excited to continue shaping the future of insurance and building momentum toward even more impactful innovation. Here’s to all the amazing things yet to come! 👉 Check out the full list of winners here: https://buff.ly/4hqEZdH #Insurtech #Innovation #InsuranceDistribution #DigitalTransformation #AwardWinning #ThankYou #TeamIRYS #FutureofInsurance

🌟 Transform Insurance Distribution with Generative AI at IRYS! 🌟 Catch the latest episode of Insurance Unplugged, hosted by Lisa Wardlaw, where she dives deep with Bhaskar Kalita, Global Head of Financial Services and Insurance at Quantiphi, on how GenAI is reshaping insurance distribution. 🌐 Key Insights: From Traditional AI to GenAI: While traditional AI focuses on specific data patterns, GenAI breaks new ground by creating dynamic, context-driven content—perfect for today’s insurance landscape. Real-World Game Changer: Tools like Dociphi leverage Retrieval-Augmented Generation (RAG), giving brokers and agents instant access to critical data, transforming processes like policy comparison from hours to minutes with pinpoint accuracy. Brokers’ Competitive Edge: By streamlining access to data and automating workflows, GenAI enables brokers and agents to provide a faster, more reliable customer experience. 🔄 Why It Matters: With efficiency gains of up to 40%, this isn't just an innovation—it's a necessity for staying competitive in today’s fast-evolving market. 🎧 Don’t miss out! Listen now to learn how you can integrate GenAI into your distribution process and optimize your operations. https://buff.ly/4hrA24n #InsuranceTech #GenAI #RAG #Innovation #InsuranceUnplugged #InsuranceDistribution

🎃 What’s Scarier than Ghosts and Goblins? 👻 The real fright in the insurance industry lies in outdated systems and missed opportunities! 🕸️ Here are a few scary thoughts that might keep industry leaders awake at night: 🕯️ Data trapped in silos—leaving brokers, carriers, and agents in the dark. 🦇 Real-time data exchange missing—causing miscommunication across the value chain. 🎃 Legacy systems haunting your operations—making processes slower and more inefficient. 💀 AI left unexplored—preventing companies from unlocking new revenue streams. 🕸️ One-and-done tech solutions—stalling your ability to scale and innovate. But don’t worry—IRYS is here to chase the monsters away. 🚀 Our mission is to simplify communication through dynamic data exchange, ensuring real-time collaboration across the distribution channel. This Halloween, let’s face those scary thoughts head-on. 👻 With IRYS, you can leave the ghosts of inefficiency behind and focus on what matters—building the future of insurance with confidence. 🎧 Want more? Follow IRYS on LinkedIn, sign up for our newsletter IRYS website or visit our YouTube channel IRYS Cloud to stay up to date on how we’re reshaping the future of insurance. 🔗 https://lnkd.in/euTgke5a Stay safe out there, and Happy Halloween! 🎃 #IRYS #InsuranceUnplugged #AI #Insurtech #Innovation #HappyHalloween

💥 Exciting News! 💥 The IRYS October 2024 newsletter is LIVE! 🚀 We are bringing our monthly IRYS newsletter to LinkedIn! Remember to subscribe to our newsletter to stay updated with the most cutting-edge trends in AI and data, trends in the insurance industry, as well as past and upcoming events, podcast updates, demos, and future news. 🔗 Read our newsletter here and subscribe on LinkedIn for future monthly editions

🚀 Revolutionizing Insurance Distribution with AI – Insights from Margeaux Giles 🚀 In our latest webinar on AI in distribution, Margeaux Giles, CEO & Co-Founder of IRYS Insurtech, discussed the importance of future-proofing your company's technology strategy. Instead of getting distracted by shiny new toys, Margeaux emphasized investing in sustainable tech to propel your company into the future. Hosted by Lisa Wardlaw, the webinar featured insights from industry leaders, including Gary Hoberman, Founder & CEO of Unqork, and Bhaskar Kalita (BK), Global Head of Financial Services and Insurance at Quantiphi; the discussion highlighted AI's transformative impact when embedded directly into insurance professionals' daily routines. 🎥 Watch Margeaux's compelling insights in the attached video clip to understand how strategic investment in AI can propel your company and help future-proof it when you use a tech strategy. 🔗 Explore the full discussion and discover how AI can turn your operational challenges into opportunities for innovation. https://buff.ly/3YltUmX

IRYS Insurtech CEO & Co-Founder Margeaux Giles was featured in InsurTech Ohio's Scout Insurtech interview series. Andrew Daniels interviewed Margeaux and discussed IRYS Insurtech's impact on the industry. "We always put the employee and the insured at the center of the design. Instead of focusing on internal efficiencies, we focused on designing workflows that are easy to read, using words that are common vernacular and creating the software screens." - Margeaux Giles, CEO & Co-Founder. 🔗 Interested in reading more insights from the interview? Read the full interview here: https://buff.ly/4e6ivMr