The company will be deploying the products in an EY iNexus private cloud, with implementation, ongoing services, and support provided by EY.
Hippo will leverage the acquisition to expand its services to include protective home maintenance, starting with home wellness checkups.
The company seeks to expand the product leadership of its cyber data and analytics platform as and expand the breadth of its go-to-market efforts to regional and national insurance institutions.
IIR interviews Joe Wurzburger, Fellow of the Society of Actuaries on the role of the actuarial profession in an age of technology-driven disruption.
Funding will be used to enable the InsurTech startup to accelerate adoption of its AI-driven underwriting decisioning platform, grow its team and accelerate R&D.
Kramer is a 20-year industry veteran with experience in usage-based insurance from The Floow, Octo and Nationwide.
Cloud technology, new data sources and advances in algorithmic methods are enabling insurers to make speedy progress in simplifying customer experience, improving underwriting and optimizing portfolio performance.
Through its integration with Maprisk, OWIT’s point-of-sale solution receives property data that assists a common customer of the two firms in assessing a property underwriting risk.
The new partnership gives Duck Creek customers direct access to SambaSafety’s Volta service, providing actionable driver violation insights while reducing carriers’ MVR spend.
The insurer has integrated Samsung SmartThings with Guidewire PolicyCenter to detect, intervene and prevent major water damage-related losses.