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.
The insurer selected ClaimCenter to ensure efficient and effective claims processing, while also removing the risk of obsolescence presented by its aging claims system.
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.
Montano, who reports to Mark Roellig, Chief Technology and Administration Officer, joins MassMutual from Voya Financial, where he served as Chief Information Security Officer.
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 new server packages are powered by Dell PowerEdge R440 and Dell PowerEdge R540 respectively, and the vendor is currently exploring AMD-powered Dell equipment.
We may see an even larger wave of InsurTech capital in the coming years, continuing the upward trend in overall market funding, which has increased for six straight years.
The Series A funding round will be used to scale operations and expand U.S. sales and customer support, as well as actuarial science, data science, and software engineering teams.
Don’t build your insurance program based on just one technology; instead, embrace openness and leverage open data exchanges to overcome data matching and management issues.