Quandri

Quandri is a revolutionary Renewal Intelligence Platform specifically designed to address the modern challenges faced by insurance brokerages. In an industry grappling with difficult market conditions, rising costs, and talent shortages, Quandri offers a powerful AI-driven solution to automate and optimize the personal lines renewal process. Trusted by some of Canada's largest brokerages, the platform is engineered to transform repetitive, manual tasks into streamlined, intelligent workflows, freeing up brokers to focus on high-value client interactions.

The core of Quandri's offering is its ability to reinvent the renewal review experience. By automating the tedious aspects of this process, it empowers brokers to have more meaningful and timely conversations with their clients. This proactive approach has been proven to increase client retention rates by over 1% for partner brokerages. The platform significantly boosts efficiency, allowing for in-depth annual reviews to be completed up to 80% faster than traditional methods.

How to use Quandri

Integrating Quandri into a brokerage's operations is a seamless process designed for maximum impact with minimal disruption. The workflow is as follows:

1. Integration: Quandri's AI agents connect directly to your existing Broker Management System (BMS), such as Applied Epic. This allows for secure and automatic access to necessary data.
2. Data Retrieval: The AI agents automatically retrieve carrier declaration pages and CSIO (Centre for Study of Insurance Operations) data for policies due for renewal.
3. Intelligent Extraction: Using advanced Optical Character Recognition (OCR), the platform's Intelligence Engine extracts crucial information from these documents. This data is then algorithmically classified and structured based on carrier- and region-specific coverage and underwriting rules.
4. Analysis & Insights: Based on personalized configurations set by the brokerage, Quandri analyzes the data to identify coverage gaps, missing discounts, and potential errors. It also flags cross-sell and upsell opportunities, such as monoline accounts that could be bundled.
5. Actionable Recommendations: The insights are presented in an easy-to-read format directly within the broker's BMS. This provides brokers with timely, actionable intelligence to guide their client conversations and renewal strategies.

Core Features of Quandri

• AI-Powered Renewal Reviews: Automates the entire renewal review process, from data gathering to analysis, making it 80% faster and more accurate.
• Automated Data Extraction: Utilizes OCR and an advanced Intelligence Engine to accurately pull and classify data from various insurance documents, including carrier declaration pages.
• Seamless BMS Integration: Natively integrates with leading Broker Management Systems, embedding insights directly into the broker's daily workflow without needing to switch between applications.
• Cross-Sell & Upsell Identification: Proactively identifies opportunities to grow accounts by flagging monoline policies and other potential areas for increased coverage.
• Error & Omission (E&O) Risk Mitigation: Reduces human error by systematically checking for coverage gaps, missing discounts, and inconsistencies, thereby minimizing potential E&O risks.
• Customizable Rule Engine: Allows brokerages to set and reconfigure renewal parameters (coverages, limits, discounts) to align with their specific business strategies and changing market needs.
• Operational Visibility & Analytics: Provides a clear dashboard view of the renewal process, tracking review rates, exceptions, and calculating time and money saved.

Use Cases for Quandri

Quandri has delivered tangible results for numerous insurance brokerages. For example:

• McFarlan Rowlands automated their repetitive tasks, analyzing over 16,000 renewals per month and saving an estimated 6,000 hours of manual work per year, achieving an 85.3% ROI.
• Harvard Western Insurance saw a remarkable 250% ROI. They achieved a 5x increase in client outreach, a 10x faster client response time, and saved an average of 240 client cancellations per broker annually.
• Cornerstone Insurance leveraged Quandri to enhance its eDoc management and free up its team to focus on more valuable, client-facing work, leading to improved efficiency and employee satisfaction.

These cases demonstrate Quandri's ability to not just save time but to fundamentally improve business outcomes, from client loyalty to bottom-line profitability.

Advantages of Quandri

The primary advantage of Quandri is its ability to turn a traditionally labor-intensive cost center—renewals—into a strategic driver of growth and retention. Key benefits include increased client retention, elimination of repetitive work, higher sales through identified opportunities, and minimized E&O risk. By handling the manual data work, Quandri empowers brokers to act as true advisors, strengthening client relationships and improving the overall customer experience. The platform's scalability ensures that as a brokerage grows, its operational efficiency grows with it, without a proportional increase in staffing costs.

Pricing and Plans

Quandri's pricing is customized to the specific needs and scale of each insurance brokerage. The model is based on factors such as the Annual Personal Lines Gross Written Premiums, with tiers available for brokerages of all sizes, from $1M to over $100M in premiums. To receive a detailed quote and a personalized demonstration of the platform, interested parties are encouraged to book a demo through the Quandri website.