General Magic on How AI Text Agents Are Cutting Insurance Quote Time

Share This Post

At InsurTech NY, Jai Mansukhani, Co-Founder of General Magic laid out the company’s approach to solving one of insurance’s most time-consuming problems: manual customer service and inbound communications.

Mansukhani explained that General Magic is automating these workflows for brokerages that handle personal lines and small business insurance, focusing on helping people save time and reduce the flood of inbound calls.

The core of General Magic’s solution is building AI agents that are deployed on popular digital messaging platforms like iMessage, WhatsApp, and SMS which allow customers to complete all their insurance work, from pre-quote and post-quote engagement to claims coordination, simply over text.

Attending InsurTech NY was a major priority for General Magic to gain exposure, especially as their engineering team is based in Toronto and they plan to open a second office in New York. Mansukhani noted he is particularly focused on observing the rise of AI-native brokerages and carriers and sees this as an interesting trend where companies are trying to ‘rip and replace’ legacy systems or acquire insurance brokerages to fast-track a self-serve insurance approach.

A core focus for General Magic right now is tracking how this infrastructure develops and how receptive carriers are to this AI-driven evolution of the insurance  industry. 

Related Posts

Sweden revisits digital krona as ECB advances digital euro plans

Sweden’s Riksbank has recommended that lawmakers prepare for a...

Australia Draft Bill to Adopt OECD Crypto Tax Reporting Framework

Cointelegraph is committed to providing independent, high-quality journalism across...

White House Crypto Adviser’s Company Financially Benefitted from GENIUS Act: WSJ

Bo Hines, previously a crypto adviser to US President...

Russia to Ban P2P Crypto Trades, Block Self-Custody Transfers

Cointelegraph is committed to providing independent, high-quality journalism across...

Can The SEC And CFTC’s Pro-Crypto Rules Be Overturned? Legal Opinion

In the wake of the failed CLARITY cloture vote...

Arbitrum Launches Stablecoin Growth Program With 2M ARB Rewards

The Arbitrum Stablecoin Growth Program is now open to...