Building on an existing score that combines driver behavior and road characteristics, the new scoring function provides separated views of risk tailored to the respective needs of insurers and fleets.
DataCede’s extensive domain and technical expertise will benefit Duck Creek customer looking to automate processing and administration of reinsurance activities.
Builders risk, installation, and contractors equipment represent a growing set of risks and generate some of the largest premiums in the U.S. commercial inland marine market.
The vendor’s Next Generation Platform is designed to serve as an IoT ecosystem enabling insurance innovators to meet the rapidly growing global demand for user-based Insurance.
The new deal, expected to become effective by year’s end, will extend a 2009 agreement until Dec. 2022, in support of Zurich’s digital transformation initiatives.
Rearer succeeds founder and majority shareholder Steven M. Mariano, who offered his resignation on July 10, 2017.
The insurer seeks improved service to customers and agents, product speed-to-market, straight-through processing, automated underwriting, and greater operational efficiency.
The cyber program features new coverage solutions for smaller businesses, large commercial enterprises, government and nonprofit organizations, and financial services and media companies.
Access through on-demand, web-based platforms increase speed and convenience of parcel boundary data delivery.
The Predict application of the InsureRight Platform will help to increase STP, improve turnaround time for agents and customers, and allow underwriters to focus on higher-level tasks.