Chicago - based start - up Quality Benefits has developed a platform that standardises and streamlines the employer - sponsored insurance market . Co - founder Ryan Sachtjen said the current system is " a time - consuming , error - prone process " . The Watchtower platform uses text extraction software to extract and translate different sections of insurance programmes , and is working on using machine learning to improve standardisation as the business grows . “That makes it very difficult for consumers to compare offers. Currently , the firm offers life and disability insurance , but plans to expand into health , dental , vision and vision insurance .
Chicago - based start - up Quality Benefits has developed a platform that standardises and streamlines the employer - sponsored insurance market . Co - founder Ryan Sachtjen said the current system is " a time - consuming , error - prone process " . The Watchtower platform uses text extraction software to extract and translate different sections of insurance programmes , and is working on using machine learning to improve standardisation as the business grows . Currently , the firm offers life and disability insurance , but plans to expand into health , dental , vision and vision insurance .