RHS 155 - Jeff Roy Explains Robotic Process Automation
b"In this episode of The Ryan Hanley Show, Jeff Roy, Founder and President of Excalibur Insurance and one of the most innovative independent insurance agency owners in the world, joins the podcast for a conversation on digital virtual assistants, also known as robotic process automation.\\n\\nThis is a conversation you don't want to miss.\\n\\nEpisode Highlights:\\n\\nRyan discusses Rogue Risk\\u2019s decision to switch to Nexure and change its agency management system. (10:34)\\n\\n\\nJeff mentions that during an interview with Taylor Rhodes for the Digital Insurance Plan podcast, he confirmed that Tarmika will be discontinued in 2025. (12:14)\\n\\n\\nRyan expresses his confusion as to why it is tough to create a CRM from an agency management system. (13:58)\\n\\n\\nRyan mentions that he really likes what Better Agency is doing and thinks that they've made a lot of progress to being a player in the industry. (18:03)\\n\\n\\nJeff explains that after seeing Applied Epic's demo, he became interested in the new feature that can run an AMS through the browser. (20:22)\\n\\n\\nRyan believes that understanding where the company goes without rating multiple carriers is the way to place business faster with the appropriate carrier. (24:33)\\n\\n\\nJeff explains that you need some AI and machine learning to be able to direct you to the proper company because companies are changing their prices and moving so quickly. (26:54)\\n\\n\\nJeff explains what it means to have a properly trained bot. (34:50)\\n\\n\\nJeff explains the difference between Robotic Process Automation and a Digital Virtual Assistant. (38:24)\\n\\n\\nJeff explains how robots function when assigned significant responsibilities. (40:34)\\n\\n\\nJeff mentions that their bot is safe with two-factor authentication and that it cannot be hacked in the same manner that their staff can. (44:43)\\n\\n\\nJeff mentions that if anyone is interested in learning more about robotic process automation, he will be giving a 30-minute lecture on how robots can make an agency more human. (50:42)\\n\\n\\n\\nKey Quotes:\\n\\n\\u201cYou need some AI and machine learning to be able to direct you with the right company. Because companies are changing their rates and changing things.\\u201d - Jeff Roy\\n\\n\\u201cWhy would you want to use a bot? Really, you want to replace anything that humans are doing that they don\\u2019t need to do with technology. And a bot, once it's trained, can do it reliable every time.\\u201d - Jeff Roy\\n\\n\\u201cThe bot is secure double factor authentication, you know, there's no way of getting it hacked in any different than our staff. So that's why it was important that we had the double factor authentication to get in, because I don't want to log into anything without that.\\u201d - Jeff Roy\\n\\n\\nResources Mentioned:\\n\\n\\nJeff Roy LinkedIn\\n\\nExcalibur Insurance\\n\\nReach out to Ryan Hanley\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"