(Image source: SambaSafety homepage.)
Duck Creek Technologies (Boston) has expanded its Partner Ecosystem program through a new relationship with SambaSafety (Denver). SambaSafety’s Volta service provides comprehensive violation data combined with an Enhanced Rules Engine designed to accurately assess and price driver risk. An integration with Duck Creek Policy gives carriers access to Volta from directly within the Duck Creek Platform.
“Our insurance risk solutions provide cost-effective visibility into drivers’ behavior,” comments Rick Fendell, Director of Insurance and Data Solutions, SambaSafety. “This allows carriers to accurately assess driver behavior at lead, quote, bind and renew, while more effectively managing risk. Partnering with Duck Creek and leveraging the Duck Creek Anywhere API is a perfect choice for us, and we are excited to help even more auto insurers make the right decisions at the right time, for the lowest possible cost.”
Volta offers a solution that delivers MVR order filters and indicators. This solution can be paired with SambaSafety’s state data services with direct access to state DMV MVRs and alternative violation data services. This combination allows carriers to be more efficient, improving pricing and risk assessment. By accessing Volta through direct integration with Duck Creek Policy, insurers enjoy a more streamlined underwriting order and review process, significantly reducing MVR spend up to 60 percent, according to Duck Creek.
Reducing MVR Spend while Improving Buyer Experience
“SambaSafety’s solution decision engine is designed to optimize not only the cost of MVR ordering at bind, but also to enhance insureds’ buying experiences through cost-effective driver data at quote,” comments Jeff Wargin, Chief Product Officer, Duck Creek Technologies. “Their solution is a win-win for insurers as well as their customers, and Duck Creek is thrilled to welcome them into our rapidly-growing partner ecosystem.”
SambaSafety’s Volta offers insurers the proposition of reducing MVR spend without sacrificing underwriting performance. Utilizing historical MVRs, state violation databases, and court records, its proprietary intelligent order management system automatically checks driver activity to determine if a new MVR is required. Duck Creek’s partner announcement says this results in unprecedented time and cost savings, eliminating unnecessary ordering of “clean” MVRs and associated state/data fees. Duck Creek and SambaSafety have jointly developed an Anywhere Enabled Integration, now available on the Duck Creek Content Exchange, for insurers looking to accelerate implementation through Duck Creek’s Anywhere API program.