Key trends in digital transformation and analytics, greenfield and cloud, and specialty and E&S have recently been dominating industry conversations.
The concept of WeSURA, which launched several months before market debut of U.S. insurance startup Lemonade, is to build private insurance communities derived from social networks.
La Provisora’s innovative Cariño Verdadero product addresses the difficulty of insuring cars over 10 years old. Those cars constitute a market of more than 4 million vehicles without access to conventional insurance policies.
The New York-based, full-service brokerage has selected ClarionDoor’s flagship solution for its professional liability program for healthcare professionals and groups.
If done correctly and with the right technology, modernizing databases and data warehouses and applying analytics can improve business outcomes and allow carriers to provide customers with the customized service they crave.
The release includes new versions of Digital Portals, InsuranceNow, Underwriting Management, Live Claim Canvas, and Predictive Analytics.
The feature monitors how a phone is being used during a trip, detects risky behaviors and communicates details and score to the insurer and UBI policyholder.
The new bureau business is expected to enable significant reductions in the cost of transacting general insurance in the U.K. market.
The company touts a speed quote and purchase process and advances on conventional policies, such as full coverage of items policyholders are more likely to own today, and an IoT-driven loss prevention strategy.
The core-to-digital suite is pre-integrated and modular, and can be installed as part of a complete transformation initiative, or implemented as standalone components.