Are you paying a Tech Tariff with your insurance technology?

05/12/25 • 26 min

Legacy insurance technology is costly and debatably efficient but there is more and more talk about the hidden fees that come with accessing your data. Sherif Gemayel, founder of Trufla Technology shares some thoughts on what he calls "Tech Tariffs". In this episode:

What the true cost of operation is for many brokers and agents
Why you are paying a fee for a non-revenue generating action
How technology and SaaS services are priced and the extra charges
Why core systems need to deliver core value for insurance agents and brokers
Learn how to avoid paying a tech tariff

Sherif knows a thing or two about how insurance distribution works as he's built a company to support the channel, but that does not mean he sits back and let's others get away with unjust and unfair charges.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What the true cost of operation is for many brokers and agents
Why you are paying a fee for a non-revenue generating action
How technology and SaaS services are priced and the extra charges
Why core systems need to deliver core value for insurance agents and brokers
Learn how to avoid paying a tech tariff

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Previous Episode

Data preparedness for insurance entities- Mike Allee

Data is still the principal currency for insurance businesses but as more try to leverage the value of their data for modernization and AI adoption, what issues do they face? Mike Allee, President of Universal Conversion Technologies, shares what organizations need to consider for their future.

In this episode:

Why understanding your data before embarking on modernization is key to success
The importance of knowing what data you can use and how
How AI adoption requires data preparedness
What processes and considerations insurance entities need to consider when managing data
NEW guest feature- Declared Interests!

Mike pulls back the veil of how understanding data and preparing for AI or other system modernization will help with success and allow companies to scale better and faster.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.