The platform allows businesses such as e-commerce sites and online travel agents to create specific products for their particular clients.
Data Definitions Document v1.0 covers 14 different classes of exposure including: casualty liability, specialty lines, trade credit and surety, agriculture, life and health, and annuity.
As Hurricane Florence makes landfall, Matt Perry talks about how GIS and social media are combining with insurers’ internal capabilities to improve CAT claims operations.
The program adapts the insurer’s UBI expertise in personal lines to small commercial, aiming at the market created by the FMCSA’s electronic logging device mandate.
Next Insurance has launched the new coverage in six states—Arizona, Colorado, Indiana, Illinois, Minnesota, and Ohio—and has plans to launch in all 50 by the end of 2018.
The former Aon Analytics CEO has joined Guidewire to expand company’s analytics and data services.
The insurer has implemented the vendor’s InsureRight Platform for its commercial auto business, to provide additional information to underwriters at the point of decision.
The California-based insurer has implemented the solution for Commercial Excess and Commercial Auto, with plans to extend it to other commercial and personal lines.
The new program gives insurers seamless access to LexisNexis data analytics solutions through consulting organizations and major software providers, such as Duck Creek and Guidewire.
The model captures the effects of straight-line winds and hail, enabling companies to assess their risk from the local scale to the macro level on insured properties, in 22 countries.