The solution helps carriers reduce underwriting expenses through more efficient data collection and superior insight for underwriting risk selection, as well as improve loss experience.
Verisk seeks to strengthen its existing data and analytics solutions for the life and annuities market.
The projections provide carriers a forward-looking view and serve as an external environment benchmark to recalibrate their internal projections.
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.
In his new role, Gumpright is tasked with driving the company’s global development teams to strengthen FRISS’s solutions.
Originating in part from Nationwide’s Test and Learn Lab, the agent-facing platform exemplifies speed in both quoting and application delivery.
Announcements of new startups have not slowed, and the industry is seeing more second-round investments and larger funding amounts.
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.
The insurer will combine network-connected technology with internal expertise, data and risk management to improve workplace safety and help prevent or reduce property damage.
Developing and executing a cloud strategy is becoming a critical part of the modernization journey for leading insurers. Learn about the four steps that Pekin Insurance has taken.