As Facebook continues to push and update its Messenger service to a growing audience, other companies are hopping on to see where the road goes. Insurify, which uses virtual agents for car insurance shopping, recently announced the launch of the first insurance comparison service on Messenger in the U.S.
With the closing of a $ 4.6 million funding round, led by MassMutual Ventures and Nationwide Ventures, in addition to existing investors, Insurify is introducing a new insurance shopping experienc. The company’s patent-pending virtual agent, which is powered by artificial intelligence and natural language processing, lets you compare quotes through messages. The bot also gives advice for discounts and coverage that suit each driver’s needs.
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Insurify launched in January 2016 and, according to a press release, has serviced over 1.5 million consumers seeking to compare insurance quotes. The company’s growth has increased exponentially and is expected to continue this year. Insurify is led by a team of MIT alumni, as well as veterans from TripAdvisor and KAYAK.
Insurify users are provided with data-driven recommendations, which enables them to compare personalized side-by-side quotes. The best matches take premium costs, reviews, discounts, customer service, and benefits into account.
Facebook users can upload a picture of their license plates, answer some questions, and receive multiple quotes in minutes.
