Savus
The Next Generation of Insurance Technology

Andreja Stevanovic, CEO and Co-Founder

Their recently unveiled commercial insurance experience addresses the entire distribution funnel, from initial quoting to final underwriting. Powered by proprietary artificial intelligence and real-time data analytics, Savus offers a new level of automation in the insurance sales process, providing near real-time services and marks a substantial advance towards instantaneous policy issuance.

Whether it's a carrier looking to establish an in-house agency or an agent seeking a comprehensive distribution platform, savus’ products are tailored to fit their requirements

"Our platform is flexible enough to allow us to customize our offerings and cater to the unique needs of each of our customers — whether it's a carrier aspiring to establish an in-house agency or an agent seeking a comprehensive distribution platform,” states Andreja Stevanovic, Chief Executive Officer and Co-Founder of Savus.

Using Proprietary Technology to Enhance Efficiency and Effectiveness

Savus is pioneering the transition to real-time processing, addressing a critical market gap and presenting a significant opportunity for carriers and agents to improve operational efficiency. Leveraging the advances of AI technology, Savus’ innovative system simplifies today’s complex underwriting, quoting and binding process, a process which today typically takes days or weeks, and replaces it with a near real time process.

The platform’s design prioritizes user experience, featuring an intuitive interface that tailors underwriting questions based on carrier rules, product details and risk profiles. This allows for a faster and more streamlined process from initial inquiry to policy issuance. A commitment to the in-house development of its proprietary technology eliminates the need for third-party systems, promoting direct interactions between carriers and clients and improved service delivery.

“Our platform uniquely enables agents to quote and bind policies directly with customers in minutes instead of days or weeks, enhancing customer satisfaction, and improving agent productivity” says Chris Kennelly, Chief Financial Officer.
Specially Crafted Products for Clients

Savus has prioritized flexibility in how its platform is accessed to accommodate businesses of any size. It offers three distinct product lines. AgentX is designed exclusively for insurance agents with a focus on user-friendly interfaces, comprehensive policy management tools, and transparency. Agents can underwrite and sell policies through their computers or mobile devices, making it a flagship solution for insurance professionals.

ConnectX is focused on larger agencies that already have existing and established systems. ConnectX offers powerful APIs that easily interface with existing systems, ensuring access to the power of Savus while providing access to the firm’s existing extensive distribution system and carrier network. This solution preserves an agency’s familiar look and feel while delivering enhanced functionalities like underwriting rules, transparency, reporting, and policy sales.

For agencies seeking a tailored branding experience, Savus offers SiteX , allowing agencies to fully customize and brand the interface to reflect their unique identity and preferences.

Savus also offers a completely new approach to agent training. Training agents on new carrier products is a slow process that can take weeks, particularly in the post-pandemic work-from-home landscape. Savus proprietary training platform uses data science to directly embed carrier rules into the system, drastically cutting product introduction times. The result is a faster time-to-market and better-prepared agents who can thrive in today's fast-paced environment.

Extensive Experience and Transparent Team Culture

The Savus team has extensive industry knowledge and a long record of success in launching insurance technology platforms. This expertise is at the root of Savus’ ability to deliver on this cutting edge solution. In addition, they are joined by data scientists, AI and software engineers excited to deliver innovative or groundbreaking solutions.
Shaping the Future of the Insurance Landscape

Savus is exceptionally well-positioned to capitalize on the opportunities in the commercial insurance industry. Its innovative technology platform creates a vast runway for Savus’ customers to increase productivity and decrease costs, ultimately enabling them to capture market share across their product lines. As the unique provider of this technology in the U.S. market, the groundwork is laid for ambitious expansion plans at Savus.

With dedication to continually enhancing its platform, refining customer features, and expanding into more insurance product lines, Savus is on a mission to identify and lead with the most crucial offerings in the market.

Understanding the industry's shifting demands, the firm addresses the traditional inefficiencies and excessive costs inherent in the insurance distribution funnel, and despite the ongoing evolution of the commercial insurance landscape, Savus plans to stay ahead of the curve by introducing new features and tools to meet emerging customer needs.

Leveraging the synergy of the team’s domain expertise and its cutting-edge technology, Savus is not only adapting to the future but actively shaping it, establishing itself as a leader in the industry.