Marcus Ryu talks about AI, advanced analytics, IoT and the emergence of the InsurTech phenomenon, what these trends mean for core system providers—and for Guidewire’s own roadmap.
The insurer cites Octo’s expertise in insurance telematics, combined with their fleet platform and crash and claims capabilities, as drivers of the partnership.
The vendor’s Workforce Intelligence application combines with Customer Service and Sales Automation to reveal opportunities for process optimization and execute through robotic process automation.
Maybe it’s time for more insurers to stop looking at the app-centered way banks communicate with their customers as the gold standard and start delivering in the ‘micro moment.’
CSC will make an undisclosed investment in Virtual Clarity to accelerate the company’s transformation consulting services for the insurance, financial services, and other industries.
The startup homeowners insurer closed a $14 million of Series A funding round in December 2016, and is currently building out its team as it gears up to launch its home insurance offering in 2017.
Slice launched its homeshare offering successfully in Iowa, then expanded into Maryland and Colorado in late 2016.
Bridge’s Smart Configuration and SaaS model will allow Weston to more cost effectively process changes for its existing markets will moving quickly to support new markets.
With no relief in sight of performance pressure on insurers, companies that can materially improve their results will continue to attract investors and fuel continued M&A activity into 2017 and beyond.
The insurer cites its commitment to an IT environment that will enable it to adapt quickly to market changes and deliver an as-a-service model enabling quality services to clients.