COUNTRY Financial® has joined Roost's Home Telematics Program (HTP). Working with Willis Towers Watson and other insurance industry leaders, the HTP is applying advanced analytics to gain impactful insights into the effect of home installation of Roost smart sensors on fire and water loss mitigation as well as customer engagement. Roost also announced recently that it is partnership with The Weather Company | An IBM Business to deliver emergency weather alerts to the policyholders of Roost Home Telematics insurance partners. These precise and hyperlocal forecast alerts will begin rolling out as part of the Roost co-branded mobile app suite of application services. The first insurer to launch is GuideOne Insurance, with these customized weather alerts being incorporated into all future co-branded app partnerships across the US and Europe. And last month, Roost revealed a partnership with Madison Mutual Insurance to offer each of their policyholders a free Roost Smart Water Leak and Freeze Detector or a Roost Smart Battery to help increase policyholder engagement.
Nationwide recently made a strategic investment in Betterview, the provider of building and property data, to extend Betterview's machine learning platform across additional data sources with the aim of unlocking valuable insight about commercial and residential properties for P&C insurers and reinsurers. Betterview's machine learning platform generates data and analytics by analyzing satellite, aerial and drone imagery. Other tech-driven enterprises now under the Nationwide umbrella include Nexar, Matic Insurance, blooom, Insurify, Next Insurance, and Sure.
Rytech, the water damage restoration and mold remediation company, 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.
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