Neither enamored nor skeptical, insurers are prioritizing the technologies that help them to be competitive, with the pandemic showing they can be nimble when they need to be.
The InsurTech, focused on providing actionable insights from unstructured insurance documents, has undertaken a pilot of its LossRun Insights solution with nine customers.
The partnership aims at enabling auto insurers to offer customer-centric services and harness joint risk-prevention solutions.
As part of the agreement with HSB, Cyberwrite has tailored its predictive algorithms to the HSB cyber insurance policy for optimized accuracy.
The AIR MPCI Model for China employs a 10,000-year stochastic catalog that contains losses reflecting the most recent assumptions regarding policy conditions.
Built for the life and annuities industry, ProductHub can deliver as much as a 30 percent reduction in time to market, and as much as a 25 reduction in carrier product development costs, according to the vendor.
The cyber risk partnership gives P&C Insurers the ability to immediately assess and accurately underwrite cyber insurance.
With the addition of new resources from AM Best and IRMI, P&C OneSource subscribers have access to a searchable library of more than 30,000 content pieces.
The partnership makes WPS and InsurTechnix’s their Jointly-Developed Cyban Solution Available to General Insurers in the U.K.
HONK will now scan for recent changes in service providers’ operator’s driving record to supplement annual background checks.