Outlook for Disruptive Technology's Effect on Agency/Broker Industry?

I am a new brokerage just getting off the ground and am going through a spell of discouragement. Recently I stumbled upon an ad for a company called Coverhound. From preliminary research, it appears that they have just made the quoting process more efficient in efforts to quickly and easily produce comparable quotes for commercial and personal lines. Some carriers they use are Lib Mutual, Chubb and Nationwide, to name a few.

If their process is actually efficient and works, is this the beginning of the end for the agency/broker industry? I know the more complex risks and businesses will
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