With help from SI EY, the insurer implemented a new business and policy admin platform that supported $3B in new premium during the first 24 months while gaining significant efficiencies.
The MGA will use a full suite of OneShield’s automated technology solutions for end-to-end policy administration, billing, claims, reporting, and analytics.
Today’s customers want flexible pricing, and insurers in every market would be wise to continue looking for innovative ways to meet their needs.
Through Policygenius’ online insurance marketplace, homeowners can compare Openly insurance policies with those from other insurance carriers.
Openly sought a flexible claims system to offer greater transparency, faster cycle times, and better customer experiences throughout the claims process.
The company seeks to make injury insurance coverage more affordable, working through a network of affinity group partners.
Opportunities for embedded insurance will give innovative insurers and their partners tremendous opportunities for growth, with new markets, new offerings, satisfied and loyal customers—and growing books of business.
The Mid-Atlantic regional P&C insurer implemented the Sapiens system in combination with an internally built agent portal and Ghost Draft CCM system for four key lines of business.
The vendor will leverage Ford’s connected vehicle data in order to extend its predictive insurance risk score, the OCTO DriveAbility Score.
Enhancements to the solution enable claims operational effectiveness and enhanced absence management with early buildout of Connecticut Paid Family and Medical Leave.