The new data score from LexisNexis Risk Solutions uses predictive analytics to enable insurers to more accurately rate and underwrite local fire responses.
Total losses from the Woolsey Fire in Southern California are estimated to be an additional $4 billion to $6 billion.
The company will use the funding led by 4490 Ventures to expand its global presence in the agriculture market.
Funding will be used to expand AI capabilities to new imagery sources, as well as enhancing Betterview’s building & property data and analytics platform.
To provide the best possible customer experience, insurers need the capability to enable those closest to the customer to easily personalize customer correspondence, yet stay within defined rules to remain compliant and maintain brand consistency.
A conversation about insurance innovation, how ECM is adapting to the digital age, and how Hyland is reinventing itself as a participant in core system vendors’ partner ecosystems within the emerging insurance platform paradigm.
The Connecticut-based member-owned municipal insurer will use Guidewire Core, Data, and Digital products to increase business efficiency and enrich user experience.
The vendor’s long-time client will use ClarionDoor’s digital platform for underwriting administration.
The Vlocity Digital Insurance Platform will be added to Hagerty’s existing Salesforce Platform and will replace several internally developed and legacy vendor applications.
Not all homes in ZIP codes identified by by CoreLogic are currently within the burn perimeter of these fires, nor will all structures within a fire perimeter be damaged by the fire.