Turris

Join Loro, Typhon Risk, Insurtech Insights, and Turris as we jointly host the first in a 2-part webinar series on building a lean stack MGA. We're in a new era where a small team can build an MGA, manage it with automated workflows, focus on a niche, and become profitable faster than ever before. Join us to hear from the people making this possible! Experts in tech infrastructure, talent support, and funding will share practical insights you can use. Whether you’re in MGA, carrier, or wholesale, these takeaways apply to businesses of all sizes. This 2-part webinar, moderated by our good friend Rory Pyke from Insurtech Insights, offers you the chance to learn and win a free ticket* to any Insurtech Insights event. Part 1: Peter Tilbrook (Co-founder of Loro) will discuss cost-effective policy administration and distribution systems. Loro is the first free insurtech. Douglas Ver Mulm (CEO of Turris) will share how to create efficient and compliant licensing and payment systems, driven by his experience overcoming the challenges of traditional enterprise sales while running an MGA. Martha Dreiling (COO of Reserv) will share how claims organizations can use better infrastructure and processes to lower the expense of claims. In Part 2, we'll have Elliot Vernon from Greenlight Re and Dylan Brand from Typhon Risk on to talk about fundraising, talent, and best processes (more info on Elliot and Dylan coming in the next invite!). We’ll have plenty of time for Q&A during and after each session. Sign up today! *You don’t need to attend both sessions to be entered. The drawing will happen during a LinkedIn Live in October.

We've just released some big updates at Turris! (link to the full updates in the comments). 1️⃣ Bulk upload: Now MGAs, carriers, and agents can bulk upload their sales forces faster than ever! Quickly move tracking from a spreadsheet to our platform. 2️⃣ Validate by State License Number: Agents can now validate their agency and individual agents by NPN, state license number, or tax ID. 3️⃣ Select specific states and product lines: MGAs and carriers can now allow agents to select in which states and which products they want to sell. We have some more in-demand feature requests coming soon, so stay tuned!

Managing onboarding, appointment, and compliance for 1,000s—or even 10,000s—of independent insurance agents? We've got just the thing for you. 🚀 Our newest feature at Turris is designed to make your life a whole lot easier. Transitioning your agents from that outdated spreadsheet (we've all been there) to our platform is now as simple as a couple of quick CSV uploads. Curious to see how it works? We've put together a quick walkthrough featuring some of our cofounder's favorite fictional insurance legends and solar system explorers. 🌌✨

We're not actually rolling back prices, because we're starting from a fair (and transparent) price point! Businesses should be paying less now for software than they have at any point in the past. Building software is becoming increasingly cost-effective. While Generative AI might be overhyped in some areas, it is transforming software development. Engineers are not being replaced, but their productivity is skyrocketing. As a result, startups today can achieve more with fewer resources. Next time you’re considering a new "painkiller" purchase or renewing a contract, ask your provider to justify their pricing. And hold them accountable for an answer. Or better yet, find organizations like Turris to work with. Not only do we make our pricing transparent, but we also pass on our lower development costs to our customers without a lengthy pricing negotiation.

It’s no secret the insurance industry has an age and a talent problem. There are many advantages to having experienced professionals in a highly regulated industry vital to the global economy. Tony L. from InsurTech NY highlighted a few in a recent update (if you’re not subscribed to Insurtech NY updates, you should be!). However, Tony also pointed out the age disparity between industry leaders and the average customer. Check out the image for some stats. We agree with his call for more age representation to create better products. He also challenges leaders to consider younger candidates or work with early-stage companies. But how do we attract younger talent to the industry? One way is to offer better systems. We won't attract younger employees with technology that looks like (and probably was) built when their parents went on their first date. Younger people expect better software experiences. This is something we're driving towards at Turris: building great UIs for internal agency, MGA, and carrier workflows!

We've heard from our customers' agency partnership and compliance teams that up to 40% of the data sent over during agency onboarding is incorrect! 🚨 Most of these errors are due to miskeyed NPN (agent identifier) numbers. 🔄 This results in a lot of back-and-forth between MGAs/Carriers and Agencies to track down and correct the erroneous NPNs. 💡 With Turris, you don't need to worry about this anymore! As the agency representative enters NPN numbers (for the agency or individual agents), we validate the name in real-time. If it's the wrong agency or agent, it can be corrected before finalizing the onboarding! Plus, we've streamlined the onboarding/appointment process for agents into just a few simple steps! Agencies can get onboarded to sell faster, and your agency partnership/compliance team is no longer chasing down NPN numbers! It's a win-win all around! If you're an MGA or carrier who wants to make life easier for your agency partners, reach out to us today!

Take a listen to the process Kevin Sullivan at Connor, Alexander and Sullivan Insurance Services has to go through each time he wants to get appointed or update his agent info with an MGA or carrier. If you're an MGA or carrier who wants to make life better for your Independent Agent partners, check out agency appointment and onboarding workflows at Turris! www.turrisfi.com This video was part of a live webinar and demo we did a couple of weeks ago. Check out the full version by clicking on the link in the comments.

We're doing things a bit differently than the typical insurtech solution provider. And nowhere is this more apparent than in our approach to pricing. When our CEO, Douglas Ver Mulm, ran an insurance organization, pricing discussions were his least favorite part of the sales process with a vendor. The process seemed completely arbitrary, unfair, and meant to extract maximum value from his startup. Now that we're on the sales side and building vertical solutions for the insurance space, we've decided there has to be a better way. At Turris, we are making our pricing completely transparent and have tried to make it as clear as possible. As a prospect, we want you to have a strong estimate of what our solution will cost. Then, it’s our job to make sure we’re providing value to your organization that far exceeds that cost. We want all of our sales discussions to focus on your problems and how our product will solve those. We want you to walk away from the sales process happy and feeling like you’ve been treated fairly. Speaking of fairness, another thing you will not find with us is minimums in our contracts. If it takes a while for your organization to get up to speed using our solution, we’re not going to charge you for what you’re not getting value from. Being from the insurance space, we know that processes can be slow to change because of multiple internal and external stakeholders. If you want to learn more about the "why" of our approach, check out a recent blog post Doug wrote (link in the comments).

Today, we kicked off the first of our bi-weekly series of product and feature updates! We are constantly improving our products and adding new features, so this is a great way for us to keep everyone updated. Our three biggest updates from the last couple of weeks are: 1️⃣ Even Faster Onboarding of Independent Agents 2️⃣ Enhanced Analytics that Extend to Individual Agents 3️⃣ NPN (National Producer Number) Validation If you want to learn more, click on the blog post link in the first comment! And comment on this thread if you'd like to see any specific enhancements!

This is great advice here! If you’re doing B2B sales, take Anthony Iannarino’s advice! I’ve had the benefit of coming to the enterprise sales process with no experience (other than knowing how much I disliked the process when I was the buyer). At Turris we’re doing it differently. Partly because we think it needs to change, but also because we know how we wanted to be treated! Whether it’s making our pricing available upfront and fair, working and iterating with prospects and customers, or just understanding that we’re not a good fit, our goal is to have the sales experience be something that is remembered favorably!