Who’s using what in P&C insurance: Jan. 7, 2019
News from CCC Information Services Inc., Grange Insurance, 360Globalnet and more.
CCC Information Services Inc. and its affiliates announced that State Automobile Mutual Insurance Company is live on the CCC X data exchange, activating a broad range of telematics capabilities in support of the insurer’s vision to transform the policyholder experience through innovation. State Auto is using CCC X to conenct with CCC ecosystem partners and to deliver usage-based insurance programs and telematics-enable claims, making it the first insurer in the industry to integrate crash event data into their CCC ONE claims workflow.
Columbus, Ohio-based Grange Insurance has appointed Northern Trust Corporation to provide a range of services, including global custody and insurance investment accounting, for $2.5 billion in assets. Northern Trust has a strategic focus on the insurance segment.
360Globalnet has joined the American Association of Insurance Services (AAIS) as an associate partner. The new relationship between AAIS and 360Globalnet introduces the opportunity for the creation of an AAIS-specific version of 360Siteview, a solution that enables property & casualty insurers to offer customer self-service, automated claim settlement and enhanced underwriting capabilities all on a single, digital platform.
Markel Specialty has partnered with program administrator, U.S. Risk Underwriters Inc., a division of U.S. Risk LLC, to offer comprehensive property and casualty coverage to the staffing industry. The StaffPak Program focuses on meeting the needs of staffing firms that place clerical, light industrial, hospitality, medical, professional, IT, manufacturing and distribution fulfillment.
Prima Solutions and Effisoft have merged to create a global InsurTech company. The merger will produce one of the largest groups in Europe, North America and the Asia-Pacific region with cloud-based solutions covering all areas of the insurance market.
Berkshire Hathaway GUARD Insurance Companies has selected IVANS Markets to automate appetite communications with current and prospective agency partners. Leveraging IVANS Markets, Berkshire Hathaway GUARD will automate distribution to the largest network of connected agencies, enabling the insurer to support its digital distribution strategy.