Comprehensive Gen AI Implementation ROI Calculator for Insurance Brokers

How to Use the ROI Calculator

Running an insurance brokerage means dealing with endless renewals, staff costs, and customer churn.

Many brokers wonder: If I invest in AI to improve my business processes, will it actually pay off?

That’s why we built the AI Impementation ROI Calculator — a simple tool that shows you in minutes what your savings and revenue gains could look like.

Here’s a step-by-step guide to using it.

Step 1. Enter Your Current Business Metrics

This is your baseline.

• Monthly Policy Renewals – How many policies your team processes each month.
• Average Policy Value (AED) – The typical annual premium per policy.
• Time per Renewal (minutes) – How long it takes staff to complete one renewal.
• Staff Hourly Rate (AED) – The average hourly cost of your operations team.
• Lost Policies per Month – The number of customers you lose at renewal.
• Commission Rate (%) – The percentage you earn on each premium.

This data lets the calculator work out your current labor cost and the revenue you’re losing from churn.

Step 2. Enter Your Implementation Costs

AI implementation isn’t free, so factor in the investment.

• Initial Setup Cost (AED) – One-time setup and integration costs.
• Monthly Software Cost (AED) – The ongoing subscription or license fee.

Step 3. Estimate Your Expected Improvements

This is where AI comes in.

• Time Reduction (%) – How much faster renewals become. For example, 75% means a 45-minute task now takes 11 minutes.
• Retention Improvement (%) – How many of your lost policies you expect to save.
• Capacity Utilization (%) – What percentage of freed staff time you’ll actually use for winning new business.

The calculator will also give you a gentle warning if your inputs look too optimistic (like expecting 90% time savings from day one).

Step 4. Hit “Calculate My ROI”

In seconds, you’ll see:

• First Year ROI (%) – How much your investment pays back in year one.
• Payback Period (months) – How long until you recover setup costs.
• Net Monthly Benefit (AED) – Ongoing monthly gains after software costs.
• 3-Year Value (AED) – The bigger picture over three years.

Step 5. Review the Breakdown

The tool also shows the details:

• Current vs. new labor cost.
• Labor savings from automation.
• Revenue recovered by keeping more customers.
• New revenue from additional capacity.
• Time saved in hours each month.

This helps you explain ROI to partners, management, or investors with hard numbers.

Why This Matters

Insurance brokers spend huge time on admin work. AI powered business flows can turn that time into revenue — but only if the math makes sense.

With this calculator, you can see:

• The impact on your bottom line.
• How quickly you’ll get payback.
• Whether your assumptions are realistic.

Next Step

Try the calculator with your own numbers.

Test different scenarios (conservative vs. aggressive).

See for yourself how AI implementation could shift your business from running to scaling.

Set an appointment with us if you want a free ROI calculation for your insurance broking firm in the UAE.