Three years ago CSAA Insurance Group insourced all strategic planning to address the quickening pace of business evolution, and has recently accelerated innovation during an era of technological and social change.
The vendor touts the opportunity for P&C insurers to combine the benefits of Guidewire InsurancePlatform with the Amazon Web Services Cloud for rapid deployment and cost-effective hosting.
The new features enable greater compliance coverage across social media content and use predictive analytics to enable compliance teams to more accurately and quickly evaluate content changes on advisors’ social media profiles.
The designation corresponds to insurers’ increasing willingness to implement core system capabilities in the cloud to gain “speed-to-value” and lower total cost.
Van Biert brings SaaS and business development expertise from his 15-year stint at Skillsoft, which he helped to grow from a $19 million to a $400 million company.
The acquisition will help the rapidly growing startup to continue its mission of disrupting a $20 billion dollar industry, according to one of its original investors.
Following the completion of the transaction, MarketStance will become part of ISO, and Fritz Yohn will continue to lead the business.
The partnership will focus on digital workplace, customer-centric new business and a connected insurance business platform.
The subscription-based, cloud-hosted platform automates the underwriting and processing of surety bonds, lowering expense ratio and improving turnaround time.
Vision Risk selected PCIS for superior TPA technology and expertise in the New York self-insured market, including history with complex public entities such as New York City.