This post is part of our live coverage of FinovateFall 2015.
InforcePRO debuted its real-time policy review:
The real-time policy-review tool allows life insurance distributors to run policy reviews instantly. InforcePRO has legacy rate tables, contractual knowledge on legacy products, new quotes capability, and extensive analysis algorithms to identify sales and service opportunities on ANY policy sold in the last 30 years.
Presenters: Karan Kanodia, founder; Cameron Jacox, co-founder
Product Launch: August 2015
Metrics: $1 million raised, 22 employees, 1,000 registered users
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Austin, Texas
Founded: November 2013