Who’s using what in P&C insurance: Feb. 17, 2020
News from Independent Brokers Agency, Ask Kodiak, Prima Solutions Group and more.
Independent Brokers Agency has selected Indio Technologies to fully automate the client data capture and application experience for their business. Leveraging Indio in conjunction with Vertafore Catalyst, Independent Brokers Agency will eliminate time wasted filling out information across multiple paper applications and enable a digital, collaborative insured application experience to drive operational efficiency and business growth.
Ask Kodiak and Tarmika announced a new partnership. This partnership brings Ask Kodiak features to the Tarmika Bridge rating platform for faster delivery of needed coverage at the best prices and a better overall customer experience. The integration will help agents understand pricing and insurance product options for potential policyholders and eliminate several manual or offline steps in the process of matching the customer with the right insurance product.
Prima Solutions Group announced that Florida-based Weston Insurance Company has chosen WebXL as its cloud-based ceded reinsurance management software. The insurer will leverage WebXL to optimize CAT bonds and model its catastrophe reinsurance programs.
Vermont Mutual Insurance Group has successfully implemented Guidewire Software Inc.’s Guidewire InsuranceNow to increase business agility by eliminating complexity and enabling faster speed-to-market for new products and rate changes. Vermont Mutual also deployed SmartCOMM from Smart Communications for customer communications management.
Sapiens International Corporation announced that a tier-1 South African bank has launched Sapiens IDITSuite for Property & Casualty to become a more comprehensive and integrated financial services provider. The implementation was completed within 10 months.
Munich Re Automation Solutions expanded their Software-as-a-Service solution ALLFINANZ to meet the specific needs of the mid-tier insurance community. They are also gearing up to announce the first-ever go-live of their pre-assessment processing tool ALLFINANZ SPECTRA.
Indio, a division of Applied Systems, announced that Sierra Gold Insurance Services is live on Indio, delivering an automated data capture and application experience for their commercial lines clients. Leveraging Indio’s integration with AMS360, the agency enables a digital insured application experience, minimizing E&O exposure and the time spent filling out redundant information across multiple paper applications.