Honeycomb Insurance

Running a more efficient and effective MGA

As a technology-first, efficiency-driven MGA that places a high emphasis on superior ease of use for agents, Honeycomb Insurance uses Ivans Download™ to send policy information directly into agents’ management systems. Working with Ivans fostered an overwhelmingly positive reaction from agents, validating that the partnership fit their identity as a "bleeding edge Insurtech." Leveraging Ivans Download has yielded significant quantifiable results, including a 30% increased policy retention for Ivans-enabled agencies compared to a control group, alongside a lift in submission volume and a downstream reduction in service tickets. 

Additionally, Honeycomb leveraged Ivans Marketing Insights™ to overcome challenges in agency targeting by quantifying agency potential and creating a crucial internal KPI: addressable book of business size. Applying this additional data lens to their new appointment targeting and qualification process materially improved efficacy, resulting in more than twice the revenue generated during an agency’s first 90-day onboarding period. Overall, Ivans acts as a holistic tool that helps Honeycomb run a more efficient, more effective MGA.