Who’s using what in P&C insurance: April 30, 2018
Property & Casualty insurance industry technology and partnership news from Allianz, U.S. Bank, MJ Insurance, Guidewire, Rytech, Sapiens and more.
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), recently announced that it has partnered with Israel-based drone safety systems company ParaZero. Founded in 2014, ParaZero specializes in designing, developing and manufacturing safety solutions for commercial Unmanned Aircraft Systems (UAS) operators to overcome their main barrier – safety. This partnership is scheduled for initial roll out in the U.S. market followed by other regions where AGCS insures unmanned aircraft; pricing incentives and preferential conditions will be offered for those using ParaZero products.
TrustedChoice.com and Ask Kodiak recently announced a new integration partnership. The collaboration advances new levels of convenience and efficiency for independent agents using TrustedChoice.com’s Advantage digital marketing platform by greatly simplifying the insurance placement process with Ask Kodiak’s real-time insurance marketplace engine.
Prelude Software, a leading provider of payment management technology, has joined Guidewire PartnerConnect™ as a Solution partner. The integration of Prelude’s PayPilot disbursement hub with the Guidewire ClaimsCenter marks the completion of the Ready for Guidewire accelerator validation process and will help insurers better manage the disbursement process.
U.S. Bank has partnered with Enservio, Inc., a Solera Holdings, Inc. company, and a leading provider of contents claim management software, services, and payments solutions for property insurers. Through this partnership, U.S. Bank will utilize Enservio’s Paysurance ® platform to streamline a previously intricate and complex process that both insurers and customers encounter when paying or collecting a settlement.
MJ Insurance, a large, privately-held, American insurance agency, has selected the digital platform of Indio Technologies to streamline the commercial insurance application process for its clients. With its automation platform and related tools, Indio helps move paper-driven processes online, streamlining workflows so insurance agents and brokers are freed from spending inordinate amounts of time on routine tasks. Insurance agents and brokers are able to focus their time and efforts on providing better client experiences and addressing the challenging aspects around their risk management.
Rytech, a leader in the water damage restoration and mold remediation industry, has subscribed to Invision™ invoicing software from VIP Software, a national provider of integrated software solutions to property and casualty insurance companies. Invision™ automates the invoice creation process through its integration with leading estimating software and delivers real-time, key performance indicators and reporting to provide the insight Rytech needs to support its aggressive growth rates.
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has entered into a partnership with EasySend, an insurtech company offering a SaaS-based Digital Transaction Management (DTM) platform for smart and digital forms. EasySend’s DTM will integrate with the Sapiens Digital Engagement Suite across Sapiens’ Life, Pension and Annuities and Property and Casualty/General Insurance platforms and will enable insurers to rapidly transform forms and documents into a customer-driven, digital experience that can be used via multiple channels and devices.
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