Zywave and ClarionDoor Join AdvantageGo’s Product Ecosystem

ClarionDoor and AdvantageGo’s Underwriting workbench will be integrated to help improve underwriter decision-making.

(Image source: AdvantageGo homepage.)

AdvantageGo (London), a commercial insurance and reinsurance software provider and part of Coforge (Noida, India/Princeton, N.J.), and Zywave (Milwaukee, Wisc.), an InsurTech providing a portfolio of distribution-related SaaS solutions to the insurance industry, MGAs, and brokers, have announced a new strategic alliance. The expanded relationship will center on the integration of Zywave’s rating and distribution product, ClarionDoor, and AdvantageGo’s Underwriting workbench to help improve underwriter decision-making, according to a statement from the companies.

Ian Summers, CEO, Global Business Leader, Advantage Go.

Zywave joins AdvantageGo’s Ecosystem, a group of best-in-breed technology and data vendors who have joined forces to provide clients with greater choice and a more comprehensive single view of risk to expedite the insurance industry’s shift to digital risk transfer and enter a new era of digital intelligence. The alliance with Zywave and its rating and distribution solution, ClarionDoor, broadens the ecosystem’s offering by delivering a frictionless product distribution for rating in real time, according to the joint statement.

“We are delighted to welcome Zywave to our Ecosystem,” comments Ian Summers, Global Business Leader, AdvantageGo. “The ability to integrate ClarionDoor’s cloud-native, API-first software into our Underwriting workbench will improve operational efficiency and speed to quote, empowering insurers to innovate and compete.”

Pre-Built Integration into ClarionDoor

AdvantageGo’s Underwriting workbench will be available with a pre-built integration into ClarionDoor’s rating and distribution solution, enabling users to develop, design and price risks in a customisable low-code/no-code environment. “Providing a seamless, out-of-the-box experience, Underwriters and business users can centralize pricing across their entire portfolio and lines of business,” the companies say.

Jason Liu, CEO, Zywave.

The companies report that the integrated solution provides pricing capabilities whether the platform is quoting for new business, renewals, or carrying out mid-term adjustments on existing business. A full pricing history is also maintained to enable cost validation and audit compliance.

“It’s been a pleasure collaborating with AdvantageGo, as we share similar philosophies on digital insurance technology and its potential to transform the industry, while driving growth for those who embrace it,” commentsJason Liu, CEO of Zywave. “Through Zywave’s recent acquisitions, including Web Connectivity Limited—WCL—in London, Zywave owns a considerable number of assets that will enable the future digital marketplace.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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