InsurTech startup ennabl has teamed up with data classification platform Relativity6 to help insurance brokers give tailored insurance to customers.
Brokers will be able to leverage Relativity6 search and classification technology to identify accurate customer industry classifications from within ennabl. Instead of sifting through old and static databases, users can leverage machine learning technology to build tailored advice.
Brokers that use ennablDATA, a cloud to store and structure data across systems, can leverage Relativity6 to improve their knowledge of customers and prospects.
Through the new agreement, ennabl claims it has become one of the fastest growing providers of data and growth solutions for the insurance sector.
Relativity6 president and CEO Alan Ringvald said, “Accurately categorising small business is absolutely critical for insurance brokers to best serve their clients. Our partnership with ennabl will allow insurance producers to use Relativity6 to improve their relationships with their clients.”
ennabl was created on the idea insurance brokers spend too much time with disjointed systems entering and correcting data.
The InsurTech company recently collected $4m in its seed investment round, which was led by Vine Ventures. It raised the funds to help expand the size of its team of engineers, data experts and insurance technology professionals.
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