(Image source: Assurely homepage.)
ClarionDoor, Inc. (Santa Barbara, Calif.), a provider of enterprise-class, cloud-based solutions for property/casualty insurers, has announced that Assurely (New York) has selected ClarionDoor’s Digital Distribution Suite to provide rating, issuance, and forms management functionality as part of the company’s stated goal of developing of an application-free platform for purchasing insurance.
Assurely is an InsurTech focused on a technology-first approach toward how risks are accessed, underwritten, transferred, and managed. The company develops technology solutions designed to redefine many traditional insurance business processes, while also helping new, changing, and emerging markets purchase insurance using an idiomatic method, according to a ClarionDoor statement.
“In thinking about how modern industries use insurance, ClarionDoor’s technology and approach around rating, issuance, and forms management complements what we are looking to achieve,” said David Carpentier, CEO, Assurely. “Partnering with ClarionDoor enables us to immediately solve some of the fundamental problems with insurance by deploying an instantaneous, automated, and application-free insurance purchasing process that can horizontally scale.”
ClarionDoor describes its CD Rating and CD Issuance components of ClarionDoor’s Digital Distribution Suite as providing complete digital accessibility to rates and policies on a single, cloud-optimized, modern technology platform. CD Rating and CD Issuance can be easily integrated with any policy administration system on the market today and provide insurance customers the ability to effectively manage rates and forms in real-time, the vendor asserts.
Ease of Doing Business
“Assurely’s application-free approach to insurance distribution makes them a unique, exciting partner for us,” comments Patrick McCall, chief sales officer, ClarionDoor. “The tech-savvy way in which Assurely has taken on distribution mirrors the reasons ClarionDoor based our Digital Distribution Suite entirely on web services delivered via the cloud. It’s about ease of doing business. Utilizing CD Rating and CD Issuance will help Assurely conquer nascent, complex markets with speed, agility, and flexibility.”