The collaboratively built solution addresses the challenges vehicles with advanced technology present for diagnosis of damage and tracking of the collision repair claims process.
Advances in virtual reality are helping to revolutionizing the insurance industry, creating a more efficient, and more cost-effective, marketplace to the benefit of carriers and customers alike.
LexisNexis and TrueMotion join forces to provide smartphone app solutions, data services and advanced analytics, enabling insurers to deliver distracted driving models as well as traditional UBI programs.
The new approach, already used successfully by clients such as Liberty Mutual and CSAA, combines implementation methods, tools, and accelerators via a cloud-based managed service as unified delivery approach.
An efficient and customer-friendly P&C claims process is critical in today’s soft market, where loyalty is fragile at best, and acquiring new customers is expensive.
The selection supports Ethias’ strategic plan to simplify and streamline underwriting, claims and billing processes, as well as to implement its digitalization blueprint.
The vendor will apply the investment to accelerate development of its claims platform and to expand sales, marketing and customer engagement functions.
Led by Draper Nexus and TransLink Capital, the latest round brings Notion’s total funding to approximately $15 million since its founding in 2013.
Duck Creek calls HTC a delivery partner that will provide expert system integration, analytics, and long-term technical support for insurers utilizing Duck Creek solutions.
Michael Cross, head of CSAA Insurance Group’s Digital Services division, talks about building the company’s customer and agent facing capabilities from the ground up.