Who’s using what in P&C insurance: April 29, 2019
News from AmTrust Financial Services Inc., Nationwide, Sapiens International Corporation and more.
AmTrust Financial Services Inc., a multinational insurance holding company offering a variety of specialty property & casualty insurance products, has selected Risk Control Technologies Inc.’s (RCT) loss control software to optimize loss control services. RCT was selected in part due to the system’s configurable nature, ability to adapt as the team grows and RCT’s continual upgrade model.
Nationwide has partnered with Supernova Lending LLC to deliver enhanced wealth management lending solutions to firms and financial advisors. The solution will be offered to some of the nation’s largest broker-dealers and Registered Investment Advisors.
Sapiens International Corporation announced a strengthened partnership with a tier-1 South African bank, marking a continued presence in the region. The existing client selected Sapiens IDITSuite for Property & Casualty to enable them to support challenges and demands from customers and clients seeking digitized experiences.
The Agent Support Network of America (ASNOA) has entered into an enterprise partnership with SocialSurvey to elevate customer experience, reviews and online presence for all ASNOA affiliates. ASNOA is a leading network of independent insurance agents.
MarketScout has invested in the Wingman InsurTech platform via MarketScout InsurTech ventures. Wingman Insurance will be added to MarketScout’s MGA Accelerator program and placed on the MarketScout Exchange.
Docutrax, a division of Risk Toolbox Inc., announced an exclusive, long-term partnership with ProSight Specialty Insurance of New York, N.Y., and Morristown, N.J. Under the terms of the agreement, Docutrax will be responsible for managing, verifying and maintaining contractual insurance compliance of the subcontractors of ProSight’s nationwide book of general contractor construction business.
Gaspar Insurance Services has selected Applied Systems‘ Applied Digital Agency to automate business operations and create a more connected customer experience. As the foundation to the agency’s digital transformation, Gaspar Insurance Services will leverage Applied Epic to manage the entire business and gain complete review of clients and prospects for each person in the agency to access and act upon, regardless of role, time or location.
Assurant Inc. announced that its products and services are available for communities using Entrata, which offers property management software. Assurant’s renters’ insurance, designed for the multifamily industry, will now be seamlessly integrated into Entrata’s system providing residents and property staff a streamlined insurance experience.
Peruvian insurer Pacifico Seguros has selected FRISS to automate their claims fraud analytics processes. Their aim is to lower the loss ratio by being able to better detect fraud before claims are paid.