Full-Time
Confirmed live in the last 24 hours
Insurance brokerage and consulting services
Mid, Senior
Towson, MD, USA
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Foundation Risk Partners operates as an insurance brokerage and consulting firm, focusing on providing tailored insurance solutions and expert advice to clients across the United States. The company grows by acquiring other firms and expanding its services organically, ensuring a diverse mix of industry knowledge and specialized offerings. Their approach combines expertise in various sectors with a commitment to understanding client needs, which helps them deliver effective insurance strategies. Unlike many competitors, Foundation Risk Partners emphasizes a strong cultural fit and shared values with their partners, aiming to foster long-term relationships. The primary goal of the company is to achieve new levels of success for their partners while ensuring high-quality results for their clients.
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$2M
Headquarters
Daytona Beach, Florida
Founded
2017
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation
Foundation Risk Partners, a client-focused leader in insurance brokerage and consulting, in partnership with Version 1, a leader in digital transformation, today announced ground-breaking developments with AI solutions that will allow for unprecedented quality, accuracy and speed in the processing of risk analysis reports. The innovation in this space through this unique collaboration will be unparalleled in its results, decreasing cycle times, automating low-level tasks with human validation, and significantly increasing prospect conversion rates.Foundation Risk Partners had a vision to actively investigate innovative technology and methods to alleviate time-consuming manual tasks and accelerate the speed and efficiency of client-facing deliverables. The results from a thorough discovery with Version 1 – leveraging AI, deep learning and traditional machine learning – have shown that by adopting tailored solutions, there has been up to a 90% decrease in cycle times for certain activities and an increase in prospect conversion rates of up to 50%. The added benefit of automating certain processes also results in increased accuracy across all levels of case complexity. Instead of spending time on back-office administration tasks, the team now has time to add real value to customers, performing the important tasks that only humans can, offering better customised counsel to customers and delivering those higher value tasks.“We knew there was a smarter way for us to deliver the exceptional service, growth and innovative expertise that we are respected for by our partners and clients,” said John Turner, Chief Operating Officer of Foundation Risk Partners. “Through a vigorous process we selected Version 1 as our partner to make this happen
Foundation Risk Partners, a client-focused leader in insurance brokerage and consulting, in partnership with Version 1, a leader in digital transformation, today announced ground-breaking developments with AI solutions that will allow for unprecedented quality, accuracy and speed in the processing of risk analysis reports.
Foundation Risk Partners has promoted Chris Bell to chief administrative officer and Natalie Corbett to chief human
Foundation Risk Partners has moved into an office in the Baldwin Building just northeast of downtown.