Posted 27 March, 2025
MOD Advisor, Inc., headquartered in Clive, automates the process of performing workers’ compensation experience mod analysis for insurance brokers and carriers. This software helps businesses make an instant decision on claims with a more efficient and simplified real-time analysis between policyholder, broker and carrier. The company was awarded a $250,000 Innovation Acceleration Launch Fund loan for proof of concept work, product refinement, key personnel and market planning and entry activities.
Award recommendations for the SSBCI Innovation Fund assistance are made by the SSBCI Review Committee to the IEDA director for approval. The committee met on March 11, 2025, to review eligible applications.