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Contact me to learn more!- Via email at 𝘄𝗮𝗱𝗲@𝗿𝗶𝗸𝗼𝗿.𝗶𝗼- Book a call today at 𝗵𝘁𝘁𝗽𝘀://𝗰𝗮𝗹𝗲𝗻𝗱𝗹𝘆.𝗰𝗼𝗺/𝗿𝗶𝗸𝗼𝗿/𝟯𝟬𝗺𝗶𝗻- Send me a DM just to chatHave you ever had one of those ubiquitous “ah-ha” moments?I did and it set me on a course to create Rikor and solve a 30-year old insurance industry problem. After learning every aspect of the franchisee/franchisor business model, I found a hidden risk exposure.And it was a 𝗕𝗜𝗚 one!You and I both know franchisors are “vicariously” liable for 𝗔𝗟𝗟 the operations of their franchisees. So, to mitigate this risk, franchisors will collect certificates of insurance (COI). The problem? Certificates of insurance are practically worthless! COIs… • Are not contracts• Provide no guarantees • Can be easily manipulated• Offer no rights to the franchisor In fact, COIs are one of the 𝗺𝗼𝘀𝘁 𝗱𝗮𝗻𝗴𝗲𝗿𝗼𝘂𝘀 documents passed between franchisees and their franchisor. The possibility of a claim landing in the franchisor’s lap is very real and potentially 𝗰𝗮𝘁𝗮𝘀𝘁𝗿𝗼𝗽𝗵𝗶𝗰. Rikor was born to create a modern, technology driven solution to this antiquated COI system. The result is a fully integrated platform providing franchisors with a real-time pulse on their franchisees’ insurance. This means…• No more PDFs• No more spreadsheets• No more uncertainty of risk!The power of the Rikor platform also allows us to leverage the collective buying power of the franchise system to lower insurance costs.Together, let’s reduce risk, save time, and lower insurance costs!
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Rikor.IoDraper, Ut, Us -
Ceo And FounderRikor.Io Apr 2020 - PresentDraper, Ut, UsFounder of rikor – next-gen digital insurtech platform - instant verification and real-time monitoring – a dream that one day the industry will evolve – hope that I can be part of that change – inspiration for those that think bigIf you’re interested in changing the world, as it relates to insurance technology, let’s chat. -
Co-FounderInsurtech-Utah 2022 - Nov 2022Lehi, Utah, UsVISION - Advance insurance innovation and technology ecosystem in UtahMISSION - Provide tools, networking, community, and events to build Utah's insurance technology ecosystem. -
Executive SalesMillward Agency Aug 2007 - Mar 2022Highland, Ut, UsAnyone can sell insurance, it takes a specialist to understand what the individuals that make up that business actually need. This understanding makes purchasing insurance more personal, more specific to the business it's in place for. The ultimate goal is have a complete understanding of the business, its operations, key personnel and their roles within the organization. Then and only then are we able to create a program that effectively transfers risk away from the business through commercial insurance products. -
Chief Marketing Officer Transportation DivisionMillward Agency Nov 2018 - Mar 2020Highland, Ut, UsFocused on developing our transportation segment within our family owned agency by offering unique solutions to the transportation industry. I focus on providing valuable resources to mitigate risk, implement safety and ultimately reduce costs.Through our proprietary platform, Genesis, we are giving the power back to the motor carrier by enabling them to book loads faster, log more miles, haul more freight, earn more money and improve cash flow. We've also included features in our platform to allow our clients to reconcile their fleet in real time, and see all currently listed drivers in real time. -
Chief Technology OfficerMillward Agency Aug 2017 - Mar 2020Highland, Ut, UsHead of all technology implementation at our family owned agency. We have developed our very own agency management system, allowing us to offer unique solutions to specific niche industries in the coming months and years. As we identify pain points across multiple verticals we have found that the current state of the insurance industry lacks a combination of insurance expertise and technology know how. Too often we have seen a technology guru enter the insurance space thinking they have found an issue, more often than not, it's a fabricated issue that has already been solved. Linking the two is extremely powerful and will allow us to accomplish our big hairy audacious goals. As CTO I look to integrate the two seamlessly without forgetting the power of human interaction. Complete automation is not a goal nor should it ever be. There is far too much power in personal connections with those around us, machines are simply here to help us do what we do best. -
Product OwnerMillward Agency Feb 2008 - Mar 2020Highland, Ut, UsAs product owner of our in house proprietary agency management system I planned all project development and managed backlog of tasks. I hired and managed a small team of off shore developers and organized all projects. This included understanding the journey of the user, wireframing, storyboarding, creating descriptive outlines for user experience, frequent collaboration with offshore team and reviewed all completed work, accepting or rejecting. Implemented many features which created significant efficiencies throughout the organization, allowing our team to handle more volume than an average agency relying on a standard 3rd party system. With my deep knowledge of insurance products, the insurance lifecycle and insurance workflows we were able to focus on the highest priority features. Building an agency management system in house and with the assistance of those working within the insurance industry day in and day out we truly had a unique platform that assisted in all aspects of our duties.
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Frequently Asked Questions about Wade Millward, Cic
What company does Wade Millward, Cic work for?
Wade Millward, Cic works for Rikor.io
What is Wade Millward, Cic's role at the current company?
Wade Millward, Cic's current role is CEO and Founder @ Rikor.
What is Wade Millward, Cic's email address?
Wade Millward, Cic's email address is wa****@****ail.com
What is Wade Millward, Cic's direct phone number?
Wade Millward, Cic's direct phone number is +180157*****
What are some of Wade Millward, Cic's interests?
Wade Millward, Cic has interest in Children, Relaxing, Travel, Snowboarding, Civil Rights And Social Action, Politics, Education, Poverty Alleviation, Hiking, Camping.
What skills is Wade Millward, Cic known for?
Wade Millward, Cic has skills like Customize Insurance Solutions, Sales Management, Custom Software Development, Medical Devices, Technology Companies, Insurance, New Business Development, Account Management, Sales, Salesforce.com, Commercial Insurance, Marketing Strategy.
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