Who's using what in P&C insurance: May 21, 2018
Property & casualty insurance partnership and tech news from Intact Financial Corp., HSB, Zeguro, Guidewire, and more.
TrueMotion, the smartphone telematics platform, has announced a new partnership with Intact Financial Corp., the Canadian property & casualty insurer. As part of this partnership, Intact will leverage data-driven insights powered by TrueMotion’s patented platform to create more personalized services and enhance the driving experience for its customers across Canada.
During Startup Bootcamp’s Insurtech Demo Day in London recently, Zeguro, which makes technology to help small and medium-sized enterprises manage their exposure to cyber threats, announced a partnership with Hartford Steam Boiler (HSB). Through the agreement, HSB will provide capacity to support Zeguro’s newly announced cyber insurance offering for these businesses. Pasted below are additional details about the partnership.
Insurance & Care NSW (icare), the New South Wales government’s insurance and care provider, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, have announced that icare has successfully deployed Guidewire PolicyCenter and BillingCenter to reinvent how workers’ insurance and care is delivered through person-centred service helping injured people return to work in New South Wales. The new solutions put people at the center of workers’ insurance and care by making it easier and faster for workers and businesses to purchase, manage and access claims support and medical care under their workers’ compensation insurance.
Guidewire also recently announced that FRISS will be joining Guidewire PartnerConnect as a new Solution Partner. FRISS is a global provider of fraud and risk solutions for the P&C insurance industry and the FRISS Fraud Detection at Claims accelerator is available for download at no cost by Guidewire customers.
Roost and One Call Insurance, a fast-growing insurance brokers based in the United Kingdom, recently announced a new partnership. The companies aspire to “further disrupt the UK home insurance market with their new ‘One Call Smart Home’ initiative and Roost’s Home Telematics Solution. One Call will be offering both Roost Smart Batteries and Roost Smart Water Leak and Freeze Detectors for new home insurance policies bought direct, as well as through its on-line aggregator partners.
The national construction firm Gilbane Building Company recently announced that it will begin using Triax Technologies’ Spot-r technology to enhance jobsite visibility, streamline communication, and improve safety with wearable technology and real-time data. Gilbane said in a statement that it aspires to use IoT-based sensors to improve business outcomes and therefore reduce its workers’ compensation insurance costs.
The Indianapolis-based independent insurance agency Gregory & Appel Insurance has selected the digital platform from Indio Technologies, based in San Francisco, to streamline the commercial insurance application process for its clients. Michael Furlong, co-founder and CEO, Indio, said in a press release: “Gregory & Appel will be able to provide its commercial clients with a dynamic resource to make their annual insurance application process less cumbersome and more efficient.”
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