Magnifact

The DataIntelligent partner for the Insurance industry

Data & Analytics Established Bootstrapped

Overview

Magnifact is a Chicago-based technology provider delivering SOC 2 Type II compliant DataIntelligent solutions for the insurance and financial services industries. The company specializes in data analytics and visualization, offering patented solutions that provide actionable insights and enhance decision-making for insurance carriers, marketing organizations, and producers.

Founded by Krish V. Krishnan in 2015, Magnifact connects carriers with distributors and their agents, empowering them with actionable information through its proprietary DataIntelligent technology platform. The company's solutions eliminate manual processes and spreadsheet-based workflows by providing real-time distribution analytics and business intelligence dashboards.

Magnifact has established itself as a trusted partner in the life insurance and annuity distribution ecosystem, working with national marketing organizations (NMOs), independent marketing organizations (IMOs), broker-dealers, and insurance carriers to improve operational efficiency and drive business growth.

Products & Services

AgentVizion

A patented, award-winning cloud-based platform that provides a 360-degree view of distribution performance across carriers and hierarchies. AgentVizion allows agencies, insurance carriers, and their downline agents to measure distribution performance accurately across different lines of business including Health, Life, Annuities, and Ancillary products.

Key Features

Real-time distribution analytics
Business intelligence dashboards
Multi-carrier data aggregation
Hierarchy-based reporting
Automated data transmission monitoring

Target Users: NMOs, IMOs, Broker-Dealers, Agents

AgentVizion2GO

A mobile application that extends the AgentVizion platform with real-time push notifications, enabling field engagement and on-the-go access to distribution analytics.

Key Features

Real-time push alerts
Mobile dashboard access
Field engagement tools
Performance tracking on mobile

Target Users: Field Agents, Producers

AgentVizionNOW

A centralized platform delivering live annuity case updates from multiple carriers to IMOs, broker-dealers, banks, and other distributors. Uses IRI's Digital First for Annuities API standards.

Key Features

Real-time annuity case tracking
Multi-carrier pending case visibility
IRI Digital First API integration
Automated status updates

Target Users: IMOs, Broker-Dealers, Banks, Distributors

Magnifact Command Center

Intelligent, actionable transmission monitoring platform providing powerful, real-time data transmission insights with distribution partners, e-app providers, clearing firms, and the DTCC.

Key Features

Real-time transmission monitoring
Data quality alerts
Integration status tracking
Performance dashboards

Target Users: Carriers, IT Teams, Operations

MoodAnalyzer

An artificial intelligence-based risk and sentiment analysis solution for customer experience management.

Key Features

AI-powered sentiment analysis
Risk assessment
Customer experience insights

Target Users: Carriers, Customer Service Teams

AgentVizion API Services

Industry-standard API services for carriers and distributors enabling seamless integration with existing systems.

Key Features

RESTful APIs
IRI Digital First compliance
ACORD standards support
Real-time data exchange

Target Users: Carriers, Distributors, Technology Partners

At a Glance

Founded: 2015
Headquarters: Skokie, Illinois
Employees: 11-50
Funding: Bootstrapped

Category & Focus

Category: Data & Analytics
Subcategories: Distribution Analytics Business Intelligence Real-Time Case Tracking
Insurance Verticals: Life & Annuity
Target Customers: Carriers, NMOs, IMOs, Broker-Dealers, Agents