A longstanding client of the vendor, MBG sees the efficiency benefits of the SaaS option as a way of leveling the playing field relative to large national carrier competitors in the Mid-Atlantic region.
Claimants’ desire to connect with a person who can reassure them that they will be made whole again is unlikely to go away, but technology can inject new efficiencies into human processes.
As Hurricane Florence makes landfall, Matt Perry talks about how GIS and social media are combining with insurers’ internal capabilities to improve CAT claims operations.
Despite more than two decades of experience, the impact has not been fully felt—the continuing adaptation of the industry to the Internet will dwarf the impact of any other emerging technology.
The former Aon Analytics CEO has joined Guidewire to expand company’s analytics and data services.
The global information and technology services company will serve as a Delivery Partner for Duck Creek’s insurance software products.
The California-based insurer has implemented the solution for Commercial Excess and Commercial Auto, with plans to extend it to other commercial and personal lines.
Recent catastrophe imagery includes the California Carr wildfire; the Marshalltown, Iowa, tornado; and the Webster, Massachusetts, tornado.
The model captures the effects of straight-line winds and hail, enabling companies to assess their risk from the local scale to the macro level on insured properties, in 22 countries.
Insurers should consider an enterprise location strategy as an important element of their overall business strategy.