HOW IS RIKOR CHANGING THE INDUSTRY?
In the same way that Quickbooks has automated many accounting tasks, Rikor is automating key activities for insurance consultants. These innovations make our consultants far more effective than a local broker.
Through technology, Rikor has automated Insurance Policy Analysis. This allows an agent to immediately identify key issues with a policy, and fix them.
Rikor has automated insurance compliance monitoring. Periodic reporting allows timely corrections to take place at scale.
Rikor has automated notifications. Automated notifications can quickly notify a franchisor of risk.
Rikor has automated legal requirements in an FDD document. This allows Rikor to continually issue compliant policies that meet legal obligations.
Rikor has streamlined CRM data with franchisors. This reduces errors, organizes records, and ensures legal records match CRM records.
Circa 1999– Orange County, CA.
You would have never guessed these two buttheads joined forces 20 years later – Jonathan and Wade. This little gem of a photo is proof that there is no way to tell how tall a tree will be from its seed. No doubt these guys were listening to No Use for A Name and Deftones, and watching Pimp My Ride on Saturday mornings. In the era of MTV and Napster, technology was a dial up modem and a payphone caller named, "pick me up at school by the locker rooms."
Older now, these two took helm of a fast paced insurance technology firm. With a lifetime of technology exposure, these experienced professionals are determined to define the next 10 years of insurance technology. Come what may, Rikor is one to watch.
CEO/Founder – Insurance Expert Wade Milward is a SME Insurance Expert who has closed 112M in premium over a decade. Wade understands the vastly complicated insurance industry. Wade founded Rikor with the idea that insurance can be better for small businesses. Rikor is dedicated to insurance technology innovation
COO/Co-Founder – Operations Expert Jonathan Frazier co-founded Rikor as an early believer in the values and mission of Rikor. Through Jonathan’s effort, the product was taken to market to achieve early widespread adoption. Rikor was operationalized through his leadership by adopting lean methodology and business performance to ensure the company thrives as it scales.
6 WAYS RIKOR CHANGES THE FUTURE OF INSURANCE
Rikor will focus on the niche franchising market.
Rikor is setting the benchmark for the market, for insurance technology, and the insurance servicing model.
Our rapid customer adoption and advocacy is a signal that our firm is meeting the evolving needs of franchising.
Rikor aims to end the primitive insurance industry status quo of paper based systems. Rikor has already disrupted the insurance market for small businesses.
Relentless pursuit of innovation has solidified long-term technology superiority. Advanced algorithms, machine learning, and robust data modeling provide a tall and wide moat around the castle.
Market leadership and customer loyalty
DATA DEEPENS THE RELATIONSHIP
Once franchisors can visually see their risk and exposure they will never go back to the Dark Ages of paper chasing and fax machines.
SERVICE + TECHNOLOGY SET THE BAR
Once franchisors can rest assured that their legal expectations are being met, they will set a new standard for customer expectations only Rikor can meet.