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Follow on Google News | ReFocus AI Announces Des Moines Office Opening and Local HiringMid-West Expansion for Top Retention Analytic Insurtech for Carriers and Brokers
By: ReFocus AI "Our team is very excited about this natural next step," said Colby Tunick, CEO of ReFocus AI. "The Global Insurance Accelerator provided a springboard for our growing local presence. The region is full of software developers with industry-specific knowledge, and we are thrilled to hire our first development team here." "As a member of the GIA's 2023 Cohort, ReFocus AI has certainly come to see Des Moines and this area as the Insurance Hub it is," said Dan Israel, Managing Director of the Global Insurance Accelerator. "I am confident that this strategic geographical expansion and team build-out will put the ReFocus AI team squarely at the center of growth and opportunity." Industry experts estimate that acquiring a new policyholder is 5-25x more expensive than retaining an existing one, but until now, there was no way to anticipate if an account would churn predictively. "Being located in the Greater Des Moine region will help us be even closer to our customers, to serve them better," said Dr. Nisar Hundewale, Chief Data Officer at ReFocus AI. ReFocus AI's Converge platform offers a unique, turnkey solution that allows brokers and carriers to leverage the predictive power of their policyholder data to pinpoint the ideal retention action to reduce churn by as much as 25%. The team is immediately looking to hire a Full Stack Engineer. Interested candidates can find further details and apply here (https://angel.co/ About ReFocus AI ReFocus AI is an account servicing platform that pinpoints which policyholders are most likely to leave at their expiration date with 90 percent accuracy up to six months before the renewal date. The machine learning platform automates attrition detection for small and mid-sized Personal & Commercial P&C accounts. Clients have increased policyholder retention by 20-25 percent. Learn more at www.ReFocusAI.com. End
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