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Sharp Mobile Technology Wins IBAA Hackathon 2017 with Broker Resource Engine
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Congratulations to Sharp Mobile Technology for winning IBAA's inaugural hackathon on May 9.

Thanks to all the teams that participated, this event was a great success. Teams were given 24 hours to create a new technology that would help advance the broker channel. The result from all three teams was astounding. One team won the $5000 prize (and IBAA's right to use the concepts and related code for our member brokers), but we may see the other two companies launch or further develop their fledglings.

Sharp Mobile Technology faced stiff competition from Intact (Hackstreet Boys ... and 2 Girls) and Red Planet Software. Sharp members worked around the clock to create an interactive broker chat called BRIE (Broker Resource Information Engine). BRIE is an intelligent chat robot that can answer a diverse range of insurance questions that draw from various insurer underwriting manuals. Some of the questions used in the live demo at the hackathon included how much a client would pay in cancellation fees, information about a specific insurance company’s motorcycle policy, and requesting BRIE to text a pink card to a client.

“As an insurance broker I was very excited to see what Sharp had submitted at the IBAA hackathon. A lot of the pain points in document management, information lookup, and market research seemed to disappear thanks to an AI chat bot named BRIE—the most amazing part being that she was developed in a mere 24 hours,” states Scott Romans from Ing & Mckee Insurance. BRIE is designed to be a broker aid by reducing the time spent scanning through underwriting manuals.

According to Wassim Salib, VP, Development, at Sharp Mobile, they’ve only just started: “This was just a few use cases that we were able to develop in 24 hours, but we haven’t scratched the surface yet. BRIE’s AI will get better in time through a continuous learning experience and will be able to solve much more complex problems—the sky is the limit.”
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