The initiative consolidated 40 years of data from legacy systems into a single-data-model, end-to-end business processing platform.
Waze app users need not be Allstate policyholders or members of a roadside service to receive assistance through Allstate’s Good Hands Rescue service.
Cyence’s solution works through data collection, data curation, and machine learning, according to Arvind Parthasathari, founder of the company Guidewire acquired in Oct. 2017.
Marcus Ryu affirmed the need for insurers to reinvent themselves along the lines of operational, digital, and data imperatives to expand the industry and address emerging risks.
With unprecedented granularity of weather event information, the carrier is able to make better decisions within its claims organization and reduce claim response expenses.
AIU chose the iFoundry Rating Engine and BizDynamics software for enabling rating & online quoting for its AssetGuard personal lines program for valuable personal articles.
The funds, raised in a round led by Hudson Structured Capital Management, will be used to expand Goji’s salesforce and build-out consumer-facing technology.
Drones can create extremely detailed images of properties despite tree cover, and AI-powered software can ensure precise evaluation for underwriting or claims purposes.
Modern BI is about business enablement, consumable dashboards, visual data discovery, self-service, leveraging the data capabilities of traditional BI, and producing insightful analytics that are both timely and actionable.
Zurich Germany is using InsuranceSuite for all its private insurance business including personal liability, home and building insurance.