Agency Intelligence

Alan Ringvald is the CEO of Relativity6, a best in class insurtech company solving the very specific problem of business classification. In this episode of The Ryan Hanley Show, Alan explains that Relativity6 uses a proprietary process to create a new datapoint for determining the NAICS code for a given business. Industry misclassification is a HUGE problem in the insurance industry. Don’t miss this episode… Episode Highlights: Alan explains that Relativity 6 focuses only on one kind of data point for determining the NAICS code for a business. (6:53) Alan shares the key differences that they have, which separate them from other InsurTech companies. (11:17) Alan shares his background story and how he ended up in this the InsurTech industry. (14:46) Alan shares something they are working on that will assess a building for the last 10 years called "address only". (19:37) Alan admits that their technology still has limitations, like not being able to find a holding company. (24:00) Alan explains the c