Using Betterview’s platform the insurer can quickly identify potential property and casualty exposures that may not be readily apparent from the ground level.
McCarty’s experience managing cyber risk and compliance serves Kovvr’s mission to help risk management leaders recognize the underlying causes that impact financial cyber exposure.
The new funding will be used to fuel rapid market expansion, product innovation and support of safe digital transformation across the full policy lifecycle.
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 round was led by Pivot Investment Partners, with additional investors Aquiline Technology Growth and HSCM Bermuda, as well as existing investors.
The insurer gains immediate access to Zesty.ai’s climate risk solutions to enhance its underwriting processes, and other Berkshire Hathaway companies will experiment with Zesty.ai’s technology.
The combined offering supplies what the firms call an end-to-end, intelligent solution and services for policy checking to brokers and agents, whenever needed.
RedZone provides integrated risk-analysis, real-time alerts, and incident management tools to facilitate response planning, improve public relations, mitigate risk and reduce loss.
Salako talks to IIR about Africa’s insurance market opportunities and how InsurTech is working on the continent to digitize the industry and increase insurance penetration.
If leveraged with an Inventive Insurer mindset, property insurance can transform to deliver innovative products, business models, processes, channels, and experiences—outside the mainstream—with overall superior CX.