Insurance Agency Software

2 Insurance Agency Software Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

Struggling with outdated systems? Insurance agency software offers a modern solution for streamlining operations. Essentially, this specialized software automates tasks such as policy management, claims processing, and customer interactions, enhancing efficiency and accuracy.

It's a compelling option for agencies looking to minimize manual labor and reduce errors. Implementing such software requires a thoughtful approach, including selecting the right technology and training staff. However, the investment in an insurance agency software can lead to substantial operational improvements and better client satisfaction.

If you're keen on marrying technology with traditional insurance practices, diving into this business could be your next big step. This is an opportunity to innovate in a tried-and-true industry, making it both cutting-edge and indispensable.

In this list, you'll find real-world insurance agency software success stories and very profitable examples of starting a insurance agency software that makes money.

1. FAB INSURANCE ($3M/year)

Fabien, the founder of FAB FRENCH INSURANCE, came up with the idea for his business after working with insurance agents and online brokers in France during his previous marketing agency. He realized the potential in serving the English-speaking community living in France, and after partnering with websites in this niche, his business took off. In just six years, with an initial investment of $10K, Fabien has achieved a turnover of over $2.5M and continues to grow.

How much money it makes: $3M/year
How much did it cost to start: $10K
How many people on the team: 8

I Offer Visa Insurance For English Speakers In France [& Make $3M/Year]

Fabien grew FAB FRENCH INSURANCE from scratch with just $10k, achieving a turnover of over $2.5M after just six years in business, by focusing on the English-speaking community living in France and using affiliate marketing and automating the quotation process online to streamline lead generation and weed out customers who weren't willing to get into the sales funnel.

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2. Quandri ($324K/year)

Quandri, founded by brothers Jackson and Jamieson Fregeau, is a digital worker company focused on automating tasks for the insurance industry. Their most popular product compares policies upon renewal, providing brokers with a summary report of important changes. With a monthly revenue of $30k and a growing team of 9, Quandri is rapidly expanding its customer base across North America.

How much money it makes: $324K/year
How much did it cost to start: $10K
How many people on the team: 6

How We Built A $27K/Month Army Of Digital Workers For The Insurance Industry

Quandri, a digital worker company that automates time-consuming work for the North American insurance industry, has grown to an average of $30k monthly revenue since co-founder Jackson Fregeau took advantage of spare time during the pandemic to build initial bots; the company has since added several full-time employees, and is "rapidly" expanding its customer base.

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Read by 2,459 founders