Who's using what in P&C insurance: February 1, 2021

BTIS selected IVANS Markets to automate appetite communications to the largest network of independent insurance agencies. IVANS Markets will enable BTIS to actively market its products to agents in their management systems, eliminating traditional manual processes of marketing and creating new business opportunities through enhanced agency awareness.

Cogent Bank selected Input 1 as its solution provider for its insurance premium finance business. Input 1 has provided digital billing and payment solutions to insurance carriers, MGAs, banks, agencies and premium finance companies located throughout North America. The company’s insurance software and cloud billing and payment solutions provide online access to more than one million agents, brokers, and policyholders annually.

Agency Revolution and HomeServices Insurance signed an enterprise agreement for Fuse, the latter’s marketing automation platform. Under this agreement, HomeServices Insurance will use Fuse to power digital customer communications across its 26 locations.

Sewell Fleet Management selected HONK Technologies for managing roadside assistance, which is included as part of Sewell’s overall maintenance management products. As Sewell’s client base grew and became more diverse, the fleet management company needed to find a new roadside assistance partner with expertise in multiple fleet categories. Sewell turned to HONK for its high-performing network of background-checked, independent service providers, proximity-based algorithmic dispatch system and proactive customer communications to ensure Sewell clients receive the concierge-level service they have come to expect.

Branch Insurance partnered with ADT, a provider of security and smart home solutions, to offer ADT home security customers discounts on their home and car insurance. This collaborative effort blends ADT’s industry-leading professional monitoring service for intrusion, smoke, carbon monoxide and flood detection with Branch’s instant-pricing model to create quicker, easier and more affordable insurance for those who protect their home with ADT.

The Hartford has started working with Tractable to analyze auto damage within its auto insurance claims operations in the U.S., accelerating how quickly claims can be processed for its customers. Tractable uses computer vision to assess photos of car damage: the AI understands vehicle damage like an expert human appraiser and returns an appraisal as soon as the user submits photos. The technology opens the door to a simpler, quicker claim process.

Tractable also partnered with Mitchell, a provider of technology, connectivity and information solutions for the property & casualty claims and collision repair industries. The collaboration will allow North American automotive insurers to produce collision repair estimates automatically from photos. Tractable’s AI acts as a human appraiser, using proprietary computer vision to examine photos of vehicle damage and return a list of part-level repair operations seconds after the images are submitted. When combined with Mitchell’s collision repair data, the result is a repair estimate that can be leveraged by the repair shop and in the claims process.

Related: Who’s using what in P&C insurance: January 25, 2021