The carrier’s Proactive Home Protection discount represents an early stage in American Family’s exploration of the potential of the Internet of Things for significantly reshaping the value proposition of homeowners’ insurance—and the insurer/policyholder relationship itself.
The offer, which includes financial incentives from American Family and Ring, exemplifies a trend of new insurance offerings that use IT-driven services that prevent losses and increase customer engagement.
The digital exchange designed to streamline the quote-to-sale process for small small business insurance will continue to operate under its name and leadership.
The insurer will integrate Tractable’s solutions to increase efficiency and consistency in the review of subrogation auto damage via photos.
The former COO will replace Bill Westrate in the role of President, who will remain the organization’s CEO.
Policyholders in the insurer’s KnowYourDrive program will immediately have access to all of Automatic’s consumer features, including the ability to identify risky driving behaviors.
Insurance provider names AWS as its preferred cloud provider to accelerate cloud migration and power the carrier’s IT transformation.
The new round, which included participation from AXA Strategic Ventures and MassMutual Ventures, brings One, Inc.’s financing total to over $52 million.
The carrier sought an insurance-focused analytics solution that could be tightly integrated with its existing claim system and featured an extensive array of insurance KPIs, at-a-glance executive dashboards and pre-built and user-configurable metrics.
Hearsay also announces the appointment of insurance software veteran Eugene Lee as VP of Insurance Solutions.
