Who’s using what in P&C insurance: Oct. 14, 2019
News from The Doctors Company, Society Insurance, Ageas and more.
The Doctors Company selected the Duck Creek Suite to replace its home-grown core systems. The new system will be delivered via Duck Creek OnDemand, the provider’s Software-as-a-Service solution for the property & casualty insurance industry.
Society Insurance selected Guidewire Software Inc.’s Guidewire InsurancePlatform to replace its current insurance systems and modernize the way it does business to help drive future growth. The company will implement InsurancePlatform for all lines of business in the states where it operates.
Ageas partnered with SightCall to leverage the benefits of the latter’s real-time video claims platform for its motor policyholders. The partnership will see Ageas claims agents use SightCall to undertake remote claims assessments through real-time video communications with policyholders.
Carl Warren & Company will be integrating ACD‘s AutoLink technology to manage and streamline the company’s national physical damage appraisal process.
Triax Technologies Inc. and EarthCam announced a partnership to integrate their solutions to increase visibility into jobsite perimeters, enhancing safety and security. Using Triax’s Spot-r network, the two companies are offering a first-of-its-kind solution, enabling EarthCam’s high-resolution video cameras to provide real-time, independent visual verification of data identified through a worker’s wearable Spot-r Clip as it is swiped by each person entering and exiting the job site.
RT ProExec, a division of RT Specialty, is delivering a new insurance product which expands the scope of cyber coverage the company is currently able to place for commercial businesses by leveraging ClarionDoor‘s technology. ClarionDoor’s Digital Distribution Suite provides modern rate/quote/bind, issuance and forms management functionality.
Nationwide selected IVANS Markets to automate underwriting appetite communications to more than 32,000 agents in the IVANS exchange. Leveraging IVANS Markets, Nationwide will be able to market its small commercial appetite more effectively, quickly reaching agents with the goal of driving profitable premium growth.
Insurity Valen Analytics announced that Glatfelter Insurance Group will leverage the Valen Analytics InsureRight platform and advanced data and analytics capabilities for their commercial auto line, as part of their improved underwriting efficiency and risk assessment initiative for their program business. Glatfelter will use the program’s insights to improve transactional efficiency and loss ratio, while streamlining the application process by leveraging straight-through processing.
Virginia Farm Bureau Mutual Insurance Company (VFBMIC) selected One Inc to consolidate premiums and claims payment processing into one all-inclusive solution. Among the expanded capabilities, the Onc Inc Digital Payments platform will allow VFBMIC policyholders to enroll in autopay and sign up for paperless billing.