Spot On Insurance Welcomes James Benham

Our industry generates an enormous amount of data, which agents and carriers can use to better serve policyholders. Unfortunately, insurance professionals often lack the tools they need to efficiently analyze that data and glean meaningful insights.  James Benham is working to provide those tools.

James is the co-founder and CEO of not one, but three insurtech firms.  JBKnowledge develops technologies for some of our industry’s largest carriers, brokerages, and TPAs, helping them build award-winning insurance ecosystems. SmartCompliance is a top provider of insurance certificate tracking and compliance management software. Finally, TerraClaim is a cloud-based process management software that improves claims outcomes for Property and Casualty insurers and policyholders. James is also a sought-after consultant and speaker on innovation and the host of The InsureTech Geek Podcast .

He shares the insights he gained from his experience as a serial entrepreneur. These include the importance of developing a brand/marketing strategy and of recruiting and developing a team early in the business lifecycle. Then James discusses the evolution of claims tech, explaining how machine learning and AI can identify patterns of correlation and causality. These insights help companies develop predictive analytics tools to identify and manage challenging claims before their costs spiral out of control. Finally, James shares how to develop and implement a successful innovation strategy.

To connect with James Benham directly:

→ LinkedIn: James Benham

→ Twitter: James Benham

→ Instagram: James Benham

→ Website: jbknowledge.com , terraclaim.com

For more great insights from James listen to his Spot On Insurance podcast , How AI Is Radically Changing the Future of Insurance, which debuts on Tuesday, August 2.