iPipeline iGO e-App users will be able to access products from LexisNexis Risk Solutions such as identity verification, multi-factor authentication, and data prefill solutions.
The insurer will be able to collect data for a behavior-based score, make recommendations to improve driving, and offer drivers credits for premium discounts.
The app, which enables customers to compete in a contest with other drivers, has been shown to reduce phone distraction and other risky behavior by 57 percent.
Omniscience describes its offering as a platform for processing all the data presented in a problem set rather than just basing analysis on approximations.
The solution enables real-time identification and verification of building characteristics, helping insurers underwrite with greater speed and precision.
In addition to reviewing products and coverages, insurers should direct IT organizations to work with their operational risk committees to review their pandemic scenarios and run simulation testing ASAP to make sure there are no surprises.
Without the need for a car plug-in device, Ford customers have the potential to receive driving discounts with their connected vehicle.
With initial plans to incorporate the AI-powered solution into SCOR Global Life’s Velogica underwriting system and make it available via stand-alone API, Verisk is seeking carrier development partners.
The partnership provides customers a simplified insurance experience and the opportunity to save up to 40 percent on their auto insurance.
With RiskInsight platform, Guy Carpenter has the ability to build and benchmark client portfolios, develop proprietary custom models and more deeply analyze risk.