Who's using what in P&C insurance: February 15, 2021

Akur8 and Xceedance partnered to deliver best-in-class actuarial and analytics solutions to insurance organizations. The partnership between Xceedance and Akur8 provides an opportunity for insurers to gather extensive insights from internal or external data sources, enrich rate-making processes, and gain access to advanced actuarial expertise. By leveraging modern technology from Akur8 and industry proficiency from Xceedance, insurers can realize immediate and tangible improvements in operational performance.

Ullico partnered with Hagerty Group to offer Hagerty’s best-in-class insurance for classic, collector and enthusiast vehicles. Hagerty’s insurance will be offered through UnionCare, a Ullico Casualty Group affiliate that markets insurance and other products to union members. This automotive insurance program will be the first personal lines property & casualty product marketed by UnionCare, which also offers supplemental life insurance, AD&D insurance, and more.

COUNTRY Financial^® partnered with Loveland Innovations to centralize the collection and analysis of their property claim data in IMGING® and its proprietary AI-powered damage detection. By adopting IMGING’s inspection tools and data analysis capabilities, adjusters, analysts, auditors, and management can collaborate in one single source of property claims data. Through this partnership, Loveland Innovations will provide COUNTRY Financial’s property claims department with IMGING’s® AI-powered inspection platform and on-demand virtual inspection services.

Aclaimant partnered with StrongArm Technologies, a safety science company. The partnership integrated StrongArm’s Fuse Risk Management Platform, built on 25 million hours of proprietary, real-world safety data into Aclaimant’s platform to create a holistic, active risk management solution for employers and employees.

Kingstone Companies, Inc. partnered with Flyreel, Inc., an advanced Artificial Intelligence platform for property insurance, to help customers manage risk and prevent loss through AI-assisted inspections. Flyreel’s revolutionary AI assistant guides homeowners through a customized self-inspection of their property, using their smartphone camera and advanced computer vision technology to document property features, as well as risks and hazards.

AF Group acquired DecisionUR, a cloud-based solution that uses state-mandated, evidence-based medical guidelines to automate initial treatment reviews and streamline the workers’ compensation claim review process. AF Group had previously utilized DecisionUR software through its CompWest Insurance brand in California. The acquisition brings this new technology into AF Group’s portfolio of products and provides the ability to align the DecisionUR platform with the company’s core systems to improve services, drive optimization and adapt to market changes.

Related: Who’s using what in P&C insurance: February 8, 2021