The product is designed to provide financial protection for the adult children of the boomer generation who are concerned about their parents outliving their financial resources.
Cloud technology, new data sources and advances in algorithmic methods are enabling insurers to make speedy progress in simplifying customer experience, improving underwriting and optimizing portfolio performance.
The insurer has migrated all of its policies, decommissioned its legacy systems, and established a foundation for future digital developments.
Through its integration with Maprisk, OWIT’s point-of-sale solution receives property data that assists a common customer of the two firms in assessing a property underwriting risk.
Success in breaking down silo walls requires understanding the requirements of the project and implementing an integration strategy that best meets the unique needs of an insurer.
The new partnership gives Duck Creek customers direct access to SambaSafety’s Volta service, providing actionable driver violation insights while reducing carriers’ MVR spend.
Following a brief note of support from outgoing CEO Marcus Ryu, Rosenbaum spoke about how cloud could help to address Guidewire’s clients’ priorities.
The insurer has integrated Samsung SmartThings with Guidewire PolicyCenter to detect, intervene and prevent major water damage-related losses.
The insurer has signed a three-year agreement to use the vendor’s proprietary computer vision and machine learning technologies.
The non-standard auto insurer deployed Policy, Rating, Billing, Claims and Duck Creek Insights in the cloud within six months with help from NIIT.