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.
Data & Analytics
CogniSure Launches AI Platform for Commercial Loss Run Automation
The InsurTech, focused on providing actionable insights from unstructured insurance documents, has undertaken a pilot of its LossRun Insights solution with nine customers.
Sapiens Partners with GreenRoad Technologies to Integrate Driver Risk Analysis
The partnership aims at enabling auto insurers to offer customer-centric services and harness joint risk-prevention solutions.
HSB Extends Relationship with Cyberwrite
As part of the agreement with HSB, Cyberwrite has tailored its predictive algorithms to the HSB cyber insurance policy for optimized accuracy.
AIR Worldwide Releases Updated Multiple Peril Crop Insurance Model for China
The AIR MPCI Model for China employs a 10,000-year stochastic catalog that contains losses reflecting the most recent assumptions regarding policy conditions.
Penn River and Mantissa Group Partner to Launch Product Hub
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.
FICO and Duck Creek Partner to Integrate Cyber Risk Score
The cyber risk partnership gives P&C Insurers the ability to immediately assess and accurately underwrite cyber insurance.
Zywave Adds Third-Party Resources to Commercial Content Offering
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.
Duck Creek Partners with WPS and InsurTechnix
The partnership makes WPS and InsurTechnix’s their Jointly-Developed Cyban Solution Available to General Insurers in the U.K.
HONK Partners with Checkr for Continuous Background Checks on Tow Operators
HONK will now scan for recent changes in service providers’ operator’s driving record to supplement annual background checks.