Who's using what in P&C insurance: November 9, 2020
Insurance technology news from AmTrust, Vertafore, Tokio Marine, Cover Genius, 1Path and more.
Tarmika, a single-entry efficiency solution designed for independent agents, will add AmTrust Financial Services, Inc. to its platform, allowing agents and brokers to increase efficiency in rating and quoting workers’ compensation policies. Tarmika’s single-entry efficiency tool allows companies to quote multiple carriers through one application.
1Path selected the Vertafore AMS360 database with its software-as-a-service-based analytics solution. The offering is designed to help CFOs and other insurance leaders make smarter, faster, and more informed business decisions without having to navigate manual data integration.
Tokio Marine HCC Cyber & Professional Lines Group has partnered with OneIT, Inc. to offer insureds multi-factor authentication as well as secure, off-site data backup and recovery.
Cover Genius partnered with Descartes Systems Group, the global logistics business, to provide Cover Genius’ eCommerce shipping insurance solutions for Descartes ShipRush™ customers in the U.S. Through this relationship, XCover — Cover Genius’s insurance distribution platform — has been integrated with the Descartes ShipRush ecommerce shipping solution. The combined offering provides Descartes ShipRush customers with a comprehensive, customer-centric insurance solution that includes protection for the full order value of items shipped, rather than just the declared value and coverages for many categories that were historically hard to insure, such as some electronics, second hand goods and more.
Cowbell Cyber partnered with Mylo, the digital broker launched by Lockton, to enable increased distribution of Cowbell’s standalone cyber insurance to the small business market.
Related: Who’s using what in P&C insurance: November 2, 2020