Insurtech Superagent AI issued a press release yesterday to announce its goal of starting the first fully autonomous AI insurance agent by the end of the year.
“We’re not just reshaping insurance. We’re redefining what it means to be an insurance agent,” said Milan Ves
kovic, chief executive officer of Superagent AI, in a statement. “Our fully autonomous AI agents will eliminate human error, off
er superior client interactions 24/7, and fundamentally alter industry expectations.”
The San Francisco-based firm founded this year said the artificial int
elligence agent will handle insurance advisory, sales, and customer service at all hours of the day—”more efficiently than traditional agents.”
The venture capital-based company appears ready for what it
called “intense industry debate,” and predicts that traditional agents “wi
ll drastically evolve or risk obsolescence.” The insurtech said it welcomes debate and dialogue with the insurance community.
Superagent AI said it sees a new operating model—one person mana
ging multiple AI insurance agents. “Human agents will evolve from in
dividual contributors to strategic managers overseeing AI-powered sales teams,” the company said.
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In the meantime, Superagent AI said has developed interim solutions. The flagship offerings are called BOOT|camp and LIVE|assist. They will debut pu
blicly in September. Superagent AI claimed the products will “cut new-hire ramp-up time by up to 50%, boost close rat
es by double digits, and reduce average call-handle time through AI-driven training, real-time call assistance,
automated objection handling, compliance alerts, and intelligent client-engagement prompts.”
The press release included a statement from Clark A. Fisher, a district manager at Farmers Insurance. He said the flagship products have improved production. “If this is just the beginning, I can’t imagine how agencies will compete without AI agents in the future,” he added.
According to its website, Superagent AI will offer a single AI insurance agent for $299 per month, a suite of six agents for $1000 per month, or a custom solution.