Who’s using what in P&C insurance: May 25, 2020
News from First Choice Agents Alliance, AIG, Great Bay Insurance and more.
First Choice Agents Alliance selected Agency Revolution to deliver marketing solutions. The agreement gives FCAA members a retail discount on Agency Revolution solutions.
AIG selected Duck Creek OnDemand, the provider’s SaaS solution for the P&C and general insurance industry, as its global standard. This partnership is an important enabler of AIG 200, the company’s enterprise-wide effort focused on underwriting excellence, modernizing AIG’s operating infrastructure, enhancing user and customer experience and more.
Great Bay Insurance selected Sapiens International Corporation cloud-based solutions, Sapiens ReinsurancePro, Sapiens FinancialPro and Sapiens StatementPro solutions to transform its financial & compliance and reinsurance management. Sapiens ReinsurancePro will reduce the administrative burden of reinsurance reporting, while FinancialPro and StatementPro will address the accounting and compliance requirements insurers cope with on a daily basis.
Simkiss & Block selected Applied Digital Agency software to manage their entire book across all lines of business from anywhere. Simkiss & Block helps to manage both their P&C and benefits business via a single technology solution, eliminating duplicative work and manual entry caused by disparate systems. The agency will also integrate customer service software, including a self-service portal and mobile apps, to provide customers anytime, anywhere access to policy information.
FRISS announced its partnership with eviid, provider of innovative evidential video technology to risk-conscious businesses. eviid certifies and verifies the creation of the media, like DNA or a fingerprint, and provides this information in a seamless manner to FRISS in order to run a comprehensive fraud analysis by combining eviid data with predictive models, expert knowledge rules and internal and external data sources to build the risk score for each claim.
Verisk Data Exchange Add-In is now available on the Geotab Marketplace. Fleet customers of Geotab can now choose to share their telematics data directly with insurers participating in the Verisk Data Exchange through this new integration. The data will help commercial auto insurers gain more granular insights into fleet risks to refine underwriting, rating, and other potential insurance services for participating policyholders.
ProWriters Insurance Services LLC has announced that it has added Corvus to its Cyber IQ platform. This document summarizes all of the key coverages and compares quotes side-by-side, allowing agents to provide their clients with the best coverage at the best price. Agents can use a white-labeled version of Cyber IQ to allow clients to enter their information directly.