On Thursday, Janover Inc (NASDAQ: JNVR) announced the launch of new AI tools to accelerate business development activities within its Insurtech subsidiary, Janover Insurance Group.

The new tools include autonomous agents designed to reach out to as well as re-engage the Company's extensive user database, which includes more than 100,000 contacts.

The newly introduced features include advanced email and SMS capabilities, which boost the sales team's effectiveness while delivering a more streamlined, efficient customer experience.

Also Read: EXCLUSIVE: Janover Introduces Janover Pro, Expanding Access to Commercial Lender Data Nationwide

The Company also plans to introduce a significantly more capable outbound AI application in Q4 2024 to actively reach out to and engage with potential insurance clients with large, sophisticated projects.

Blake Janover, CEO of Janover, commented, "Our AI tools will improve closing rates and reduce costs while providing faster, smarter service to our clients compared to the 'traditional way' of doing things without losing the critical human touch needed when and where it's needed."

"Furthermore, insurance brokerage is a high gross margin, recurring revenue business line that creates sticky and, in our case, happy customers."

Price Action: JNVR stock is trading higher by 4.90% at $0.64 premarket at the last check on Thursday.

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