The company was founded in 2021 and works with retail agents, brokers and consultants placing coverage for insurers.
The new platform, which is available to those brokers partnered with 1Fort provides direct and wholesale access to instant quotes from leading insurers. The technology then auto generates detailed coverage analyses, comparison and recommendations across all options in minimal time.
1Fort have also developed a proprietary GPT chatbot which allows brokers to provide optima customer service and answer complex questions.
1Fort’s press release stated the new platform would save brokers up to 8 hours per week whilst increasing their bind rates by 20% with better proposals.
Anthony Marshi, CEO and Co-Founder of 1Fort, commented: “For too long, insurance brokers have been burdened with manually retrieving and analysing quotes, costing them hundreds of hours every year. Recent breakthroughs in AI have allowed our platform to give our broker partners all those hours back for what truly matters: strengthening client relationships and growing their book of business.”
Since launching, 1Fort’s technology has supported some of the largest brokers in the US and operates across all 50 states.