Property and casualty insurer to implement One Inc for accelerated insurance payments and integrated mortgagee network.
The MGA will use a full suite of OneShield’s automated technology solutions for end-to-end policy administration, billing, claims, reporting, and analytics.
The go-live is a milestone in the carrier’s ‘Next Horizon’ business transformation strategy to transform from a mid-size, regional insurer to a national-scale, digitally focused player.
Marias will test changes being made to KNIC’s legacy administration system, with a view to providing further testing of the insurer’s replacement system currently in development.
Hexaware will support new and existing Socotra customers around the world, including North America, APAC, and EMEA.
The funding will be used to continue to accelerate product development across the spectrum of risk, health, and wealth, and support geographic expansion.
Customers using the insurer’s web-based direct surety platform can pay for their surety bonds via ACH, credit card, and Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
While the full potential of blockchain is yet to be revealed, its far-reaching applications, in combination with adjacent technologies, has the potential to transform every industry—including insurance.
The professional liability carrier seeks to eliminate a wide range of manual processes and simplify internal and third-party IT applications and systems.
Formed as an independent entity by Brisbane-based A&G, Pet Health Insurance Services is challenging a monopolized market using Aquarium’s pet-insurance-in-a-box hosted solution.