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 .
Chicago-based start-up Watchtower 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 increase standardisation as the business grows. Currently, the firm offers life and disability insurance, but plans to expand into health, dental, vision and accident insurance.