New capital from Tokio Marine HCC and W. R. Berkley Corporation brings the firm’s total raised to over $30 million.
The channel further expands Next’s digital offering, empowering small business customers to access the most tailored insurance policies with unprecedented speed and ease.
Some insurers may not be quite ready to flip the switch on blockchain, but given the potential benefits, that is likely to change before long.
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.
The vendor collects raw data reported from 544 Police Service Areas for the country and passes this crime incident and severity information through hundreds of spatial algorithms.
Slice launched its homeshare offering successfully in Iowa, then expanded into Maryland and Colorado in late 2016.
Purchase requires just name and address, and claims are paid within 48 hours via electronic deposit in the case of a loss associated with a storm of given strength and proximity.
Instec is integrating ISO’s new Optional Class Plan for commercial auto into its library of bureau content, offering insurers the ability to adopt or evaluate the new plan well ahead of the projected 2019 replacement of ISO’s current manual.