Riskbly LLC | Application Preview
Riskbly LLC is seeking government grants to enhance its platform by hiring developers, onboarding personnel, and customer service team members. The company aims to scale its operations throughout the US, focusing on small agencies with 1-10 agents. Over the next year, they plan to strategically partner with agencies to refine their onboarding processes.
The applicant highlights their background in sales, technology, and entrepreneurship as a reason for funding approval. They emphasize the unique positioning of Riskbly in the market, noting the growing number of agents entering the commercial insurance sector who lack guidance and differentiation. The Riskbly platform empowers agents by positioning them as risk mitigation experts, providing comprehensive support to their clients.
In terms of competition, Riskbly identifies traditional insurance agents, Mineral HR (which only offers HR guidance without the whitelabel capabilities of Riskbly), and various carrier apps that require clients to navigate multiple platforms for policy information.
Riskbly's competitive edge lies in its unique offerings, which include a centralized repository for all company insurance documents, tailored risk reduction guidance for specific industries, an extensive HR compliance library, safety training resources, direct access to safety experts, step-by-step risk management program implementations, and insights into the financial impacts of risk management strategies. With these features, Riskbly aims to provide superior value in the commercial insurance space.
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General Information
Business Registration Number: 1234567
Location: Lexington, SC, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Funding would be used to pay for platform developers; onboarding personnel and hire customer service team members.
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Business Plan
We plan to scale across the US. Our target agency size is 1-10 agents. Over the next year we will pick up strategic agencies across the US that we can develop our onboarding process I have a background in sales, technology and entrepreneurship. There is nothing like Riskbly in the market. More and more agents are moving into the commercial insurance space and 1) have no idea what they are doing and 2) have no way to differentiate themselves. Risklby.com is a client/prospect facing platform that makes the agent a Risk mitigation expert.
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Self Identified Competition
1) Insurance agents manually offering 2) Mineral HR - but they only offer HR guidance. Product is not whitelabeled like Riskbly. 3) Carrier apps. But clients, agents have to go to multiple different apps to pull policy information. There is nothing like Riskbly on the market. Riskbly gives a company all of their company's insurance documents; provides guidance to your company's exact industry on how to lower risks across the organization; a complete HR guidance library to keep your company HR compliant; a safety learning management library; access to ask specific questions to an industry safety expert; month to month steps on how to implement different risk management programs; and see the evolving financial impact of implementing a risk management program.
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Contact Applicant
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