The companies are working closely to further refine what they characterize as the industry’s first fully probabilistic model for extreme liability events.
In this era of the primacy of data and information to any insurer’s strategic and operational efforts, it seems just to make sense to treat the management of such a valuable asset in at least the same way as any other strategic asset.
The launch is a salvo in the battle for information providers to establish connected car data access with OEM, who are gaining control of data that can power usage-based insurance.
A program manager with niche needs, NSM Insurance Group went live on the solution with its Pet Insurance program in under six months, with others to follow.
Turri is tasked with driving aggressive growth of the company’s technology team by doubling full-time employees by year-end 2018.
Specializing in in embedded and distributed analytics, the vendor has entered the insurance vertical with solutions designed to accelerate carriers’ digital transformation journey.
Insurers need to shift from being data “smart” to being able to run intelligent operations that evolve over time and support data-driven decisioning throughout the entire value chain.
IIR talks to the co-founder of the Silicon Valley Accelerator at SVIA FUSION 2018-Commercial Insurance: Digital Innovation & Emerging Risks.
The event combined presentations and panel discussions on the commercial insurance/enterprise risk management theme, showcases of relevant startups, and networking.
The vendor says the enhanced automation platform serves five Jacada solutions that support more efficient operation, without compromising on customer satisfaction.