Farm Bureau Property and Casualty Insurance Co. selected Accenture Duck Creek Claims software for its personal lines, commercial lines and workers' compensation businesses.
Vehicle telematics provider Vehcon has partnered with Verisk Insurance Solutions to help insurers collect validated vehicle odometer readings for insurance rating, underwriting and usage-based programs. The product, OdometerConfirm, enables carriers to capture odometer readings using a policyholder's smartphone. Data automatically is sent to Vehcon's back-end systems, where the mileage is extracted and authenticated before being reported to an insurance carrier.
Xuber, Xchanging's insurance software business, secured a contract with P&C reinsurer Ariel Re. The six-year contract includes Xuber's policy, claims, billing and software suite for the carrier's Lloyd's and Bermuda businesses.
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