Enhancement of the platform provides Canadian brokers and insurers with additional Canada-specific capabilities supporting personal and commercial lines of business.
Many insurers continue to rely on manual documents and processes, not only inconveniencing their employees and customers, but also creating a variety of risks for themselves.
Debuting for certain claim types, the new system, known as AVA, verifies claims in seconds and quickly resolves them, according to the insurer.
The new app, implemented by TrueMotion, will capture driving information for all enrolled drivers in the household for 90 days and determine an overall score for determining renewal premium.
DX is now one of the few ways, if not the only way, for insurers to retain and expand customer relationships. Savvy carriers are leveraging risk-free innovation consumption models in DX to win in their markets.
The company says that the expansion enables shoppers to quickly compare rates and customize coverages from multiple homeowner insurers online, from a mobile-optimized experience.
The West Coast regional P&C insurer has simplified its business portfolio and chosen Guidewire as its target platform for future growth.
When paired with the powerful capabilities of BPM, rapid application development platforms bind disparate best-of breed systems.
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.