SMA’s recent report, Emerging Tech in Commercial Lines: Ramping Up Adoption, covers eight emerging technologies that hold great promise for commercial lines organizations.
The company, which launched earlier this year, sells workers’ comp direct in nine states, with insurance backing from the Sirius Group.
CEO Marcus Ryu discussed the vendor’s support of industry transformation through mission-critical software delivered via the cloud and accompanied by data analytics and a services ecosystem.
The winners were chosen from nearly 100 contestants, advancing through multiple rounds of live-pitch competition.
Chris Bassett discussed the history of platform business models as a prelude to a discussion of the Insurwave marine insurance blockchain launched in May 2018.
The core system of the future will address a variety of decision-making needs, allowing employees to focus on strategic work versus more administrative tasks, driving better outcomes for insurers and policyholders alike.
The insurance industry struggles to move from mere optimization to genuine transformation for reasons of fundamental cultural and technological readiness, according to Kimberly Harris-Ferrante.
The new capabilities, which were developed as the result of an engagement with a top-tier insurer, are expected to help insurers offer a unique customer experience.
Altitude Software will deliver deep, seamless integration with eGain AI and Knowledge to offer process guidance and personalized answers for agents on their omnichannel platform.
The insurer selected the solution based on its machine-learning engine, its ability to deliver real-time predictive insights into the claims workflow, and the expertise of Guidewire Professional Services.