According to the Insurance Information Institute, water is the biggest threat to a home. Approximately one in 50 homes has a property damage claim caused by water damage each year, resulting in an average insurance claim of $8,000. American Modern and Notion aim to help homeowners monitor for leaks and other events to better manage risk via Notion's smart home platform. (Photo: iStock)
Emerson Reid LLC, the wholesale employee benefits General Agent with a dozen offices nationwide, is implementing the VUE Distributor Accelerator Suite from VUE Software. The implementation will focus on consolidating several systems onto the single VUE platform for producer management, compensation, and revenue reconciliation functions. Once implemented, Emerson Reid will have a more modern and efficient end-to-end commission processing solution.
Fourseventy Claims, the independent adjustment firm and third-party administrator, recently announced a new collaboration with Spex Technologies, an InsurTech platform provider that delivers claims processing, property inspections and reporting. The two companies began testing their combined solution during Hurricane Harvey and Hurricane Irma in 2017, and have since expanded the relationship to support a variety of carriers and deployments.
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