Toronto, ON (July 2, 2024) — Rival Insurance Technology, a leader in insurance management systems and connectivity solutions, is excited to announce the launch of its latest innovation, the Rival Platform & Marketplace (RPM).This groundbreaking, AI-driven web application is set to transform the way Brokers and Managing General Agents (MGAs) operate, offering a completely reimagined user interface, intelligent business insights, and unmatched broker-to-MGA connectivity.As the first of its kind, RPM introduces a new product category to the insurance technology space: the Insurance Intelligence Platform (IIP).

RPM is an open, intelligent platform and marketplace, making it the first enterprise solution tailored for both consolidators and independent brokerages.With RPM, brokers of all sizes can harness the power of artificial intelligence, setting a new standard for the future of the industry.Key Features: “The release of RPM marks a significant milestone in the evolution of insurance technology,” said Greg Purdy, CEO, Rival Insurance Technology.

“Our platform addresses the pain points experienced by brokers of all sizes and propels the industry forward by introducing the Insurance Intelligence Platform category.RPM gives brokers and MGAs a competitive advantage to thrive in an increasingly competitive market, and we’re just getting started.” “At Synex Insurance, we are impressed with Rival’s vision and direction with the Rival Platform & Marketplace,” said Jean-Sebastien Lariviere, President & CEO, Synex Insurance.“The fact that RPM works alongside existing systems makes it incredibly flexible and easy to integrate into our operations.

As an open platform that works across all devices, RPM and Rival provide the adaptability and responsiveness we need to stay competitive and best serve our customers.” Rival invites all brokers and MGAs to experience the future of insurance technology with RPM.For more information about RPM and to schedule a demo, please visit rivalit.com.About Rival Insurance Technology Rival Insurance Technology is a leading provider of solutions that improve the competitive position of our customers and business partners.

Rival works collaboratively industry-wide to “Innovate Insurance Together” with a new generation of technology.For more information, visit rivalit.com.Tags: Artificial Intelligence (AI), industry first, launch, platform, Rival Insurance Technology