Identifying new product agility as critical, the U.K. insurance brand is building on the 2017 launch of its travel insurance line on Duck Creek.
Self-service is important, but insurance will always be about trust and relationships so insurers need to balance digital investments in order to focus on ways to deepen human relationships, not replace them.
Applied calls the acquisition a critical component of its investment in digitizing the end-to-end commercial lines submissions process across agencies, brokers, insurers and insureds.
Initially expecting to replace only its claims system, the insurer decided to replace all its legacy corse systems with the fully integrated core suite.
The product includes blanket coverage for items in the home, on-demand insurance for individual items taken out of the home, plus liability and emergency accommodation cover.
McNealy’s appointment comes as phase two of the GloveBox app is under development and the vendor has secured multiple new insurance carrier clients.
Originating in part from Nationwide’s Test and Learn Lab, the agent-facing platform exemplifies speed in both quoting and application delivery.
With a fully digital platform, the insurer will be able to expand its offerings by launching new lines of business, products and services, using Sapiens’ product factory.
Launching with an up-market homeowners in Illinois and Arizona, Openly will expand into other lines, such as auto, emphasizing simplifying and modernizing the process for consumers.
ACCC chose the One Inc Digital Payments Platform to incorporate digital claims payment functionality, enhance customer engagement, and facilitate faster claims payments.