The online insurance platform Assurance operates between consumers and the hundreds of thousands of insurance and financial services products on the market, leveraging data science and a human touch to find the ideal match for each individual. By deploying Starburst, Assurance has reduced time-to-insight from weeks to hours, provided Data Science and BI teams with easy access to more data sources, strengthened security, increased its overall conversion rate by 10%, and reduced cost by 40%.
Trino’s ability to function as a single point of access for all data also allowed the team to respond quickly to a major issue during the peak of the enrollment period.
With Starburst and Trino, business units and data scientists generated better insights resulting in a 10+ basis point increase on conversions in 1/100th the time it would have taken before.
The result of deploying Starburst is a more robust model that optimizes agent licensure, ensures sufficient coverage, and allows Assurance to offer more products to more customers.
We estimate that this optimized solution resulted in a reduction of about 40% on that multi-million dollar cost line, which is just huge.
Mitchell Posluns
Senior Data Scientist, Assurance