Synatic and Relativity6 Partner to Accelerate Insurance Underwriting Processes


Partner services to reduce implementation costs by 50% and time to deployment by 70%

NEWARK, Del., August 8, 2022 /PRNewswire/ — Synatic, a leader in data integration and automation, today announced its partnership with Relativity6, an artificial intelligence-based company focused on industrial classification, to leverage the integration and automation of data to improve industry detection technology, helping insurance companies to speed up their underwriting process.

This strategic partnership combines Synatic’s agile, simple and powerful Hybrid Integration Platform (HIP) with Relativity6’s up-to-the-second enterprise classification services that will enable customers to integrate and automate key data for increased efficiency and greater accuracy and speed of business identification. . Customers can enroll with confidence, provide new business quotes based on business category, and expedite the insurance quote process.

Insurance companies need to be able to verify small businesses and use that data to make critical insurance decisions. Underwriters can spend up to 30 minutes to an hour per policy finding the relevant data needed to efficiently complete simple underwriting processes. Relativity6, in collaboration with Synatic, helps insurance companies do their due diligence with unparalleled speed. Synatic enables Relativity6’s AI technology to gather the data, transfer it to the right system, or operationalize that data for other central point systems, such as HubSpot, Duck Creek Technologies Wiki, Salesforce, DAIS , Socotra, etc.

This partnership is expected to help Synatic and Relativity6 customers save more than 50% of their implementation costs and 70% of their deployment time, especially in the underwriting, quoting and CRM functions.

“Our common goal is to help insurance companies innovate faster, by delivering the right data to the right people at the right time. Our partnership with Relativity6 will allow companies to get the most out of their data,” said Jamie Peers, Vice President Business Development and Alliances at Synatic.

“Partnering with Synatic’s industry-leading platform enables Relativity6 to quickly and seamlessly deliver value across the entire insurance value chain, and we couldn’t be more excited to get started. said Alan Ringvald, CEO of Relativity6.

World-class search and AI solutions require world-class integration. Relativity6 and Synatic are the perfect couple to provide that.

About Synatic

Synatic is a powerful Hybrid Integration Platform (HIP) that allows extracting, manipulating, storing and moving various forms of data to a destination. The comprehensive platform can easily transform data based on specific requirements and move data to create a cohesive technology ecosystem. With Synatic, solving complex data problems is as easy as dragging and dropping connectors and steps into your workflow, eliminating the need for deep programming knowledge or the need for additional plugins. This eliminates the need to create workarounds for complex data requirements you may have.

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Media Contact:Len Fernandes Firecracker PR[email protected](888) 317-4687 ext. 707

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