Guidewire’s VP of Strategy discusses how the acquisition rounds out the vendor’s data offerings and enables customers to embed analytics across the insurance lifecycle to power decision making.
Mandes sees technology playing a key role in the carrier’s efforts to provide a compelling service proposition for agents and policyholders in Florida’s unique homeowners’ market.
Evolving technology and consumerization have created not only pressure for insurers to innovate, but also a huge opportunity for investors to help the industry forward. Revolution Ventures partner Clara Sieg talks about the insurance innovation investment opportunity, now and in the near future.
The insurer is testing whether the addition of Understory’s ground-level hail detection capabilities can make modeling storms more accurate, in turn powering a more rapid response to policyholders’ claims.
Agile development and cloud deployment sped implementation time of the policy administration system to a mere six weeks between December 2015 and January 2016.
AIA Group sought to transform its its supply chain organization, creating a centralized operating model for sourcing and procurement, enabling leverage of its collective buying power and driving collaboration among key stakeholders.
The National Australia Bank’s wealth management division will use Big Cloud Analytics’ predictive capabilities to engage customers and offer lower insurance premiums.
The insurer’s rapid expansion into small commercial has been facilitated by its partnership with Dovetail Insurance, a provider of services to the U.S. small commercial insurance market.
The AMA’s VP of Technology strategy relates how the Alberta-based club has shifted its focus from market share to risk selection/management and claims performance and sees Guidewire’s core system suite as a vector to success.
Among the results Harvard Pilgrim has enjoyed are increased market agility, efficiency-related savings in the millions of dollars, and an improvement of its automated claims processing rate from 85 to 91 percent.