Who’s using what in P&C insurance: April 13, 2020
News from Intellagents, Guy Carpenter, Illinois Mutual, Kin, Hiscox and more.
Intellagents has selected Infinilytics’s AI-based solution CHARLEE to add insurance claims insights to their marketplace. Infinilytics’ Charlee provides four insights in managing insurance claims, including best practices, red flag alerts, quality control alerts, and litigation prediction.
Guy Carpenter & Company LLC has entered into a strategic relationship with RiskGenius to revolutionize the detection and qualitative analysis of silent cyber exposure across various lines of business.
Illinois Mutual Life Insurance selected multiple Sapiens’ life solutions as part of its digital transformation project. Illinois Mutual is aimed to enhance the overall client and agent experience within its life, disability income and worksite insurance solutions. The company sought to achieve this objective by enhancing its illustration capabilities, improving eApplication functionality and modernizing the underwriting system.
Kin Insurance has expanded its partnership with Cape Analytics. Kin is using Cape Analytics’ geospatial property intelligence to inform its homeowner insurance offering and provide customers the best possible coverage at the lowest price with the least hassle. By utilizing Cape Analytics for remote risk assessment, Kin is continuing to write policies and serve customers, while maintaining social distancing rules that keep customers and employees safe.
Hiscox selected the IBQ’s Commercial Comparative Rater for BOP and general liability rating. Agents only need to enter info once in IBQ to get commercial rates from multiple carriers.