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

Driver Technologies selected HONK Technologies for managing a co-branded roadside assistance program. This automotive technology transforms a driver’s phone into a dashcam designed to improve road safety and lower insurance costs. The hardware-free mobile app allows users to video record their trip while receiving audio alerts such as collision warnings and distracted driving, which are powered by computer vision and telematics. Driver also provides customers with augmented reality, turn-by-turn navigation, seamless integration with mobile voice assistants, entertainment controls, roadside assistance services, and insurance discounts of up to 50%.

Ask Kodiak partnered with Coterie, the technology company that simplifies buying small business insurance. Through its proprietary technology, as well as partnerships with other InsurTech solution providers, Coterie creates a more efficient small business insurance purchasing experience. This powerful new collaboration utilizes the Ask Kodiak API to embed a classification search bar within agency partners’ existing workflows, making it even easier for small business owners to get the right coverage, instantly.

Core Specialty Insurance Holdings, Inc. selected Duck Creek’s solutions via Duck Creek OnDemand, the provider’s SaaS platform for the P&C insurance industry. Duck Creek’s OnDemand end-to-end SaaS solution provides all of the services, support, and computing resources needed to help carriers move faster and more efficiently than ever before. OnDemand enables a fundamentally new approach to competing in today’s industry—one where technology supports strategy rather than dictating it, and where carriers are empowered to focus on innovation in entirely new ways.

Relay Platform partnered with Insurercore to provide a comprehensive solution to insurance and wholesale brokers looking for capacity, and to those insurance companies, managing general agencies, and managing general underwriters offering it. Insurercore allows brokers and agencies to create rich profiles, more clearly express business needs, and connect faster to products and insurance companies. Once matched and connected, Relay provides insurance companies with an environment to structure, price and bind policies. Relay generates sleek customer proposals through rapid quote acquisition and comparison, whether instant or email-based. Under this new agreement, Relay’s North American users will now have access to Insurercore’s growing UK network and vice-versa.

Joyn Insurance, a newly formed InsurTech company focusing on the U.S. small and midsized commercial market, is partnering with Betterview to streamline its property underwriting process. Betterview’s technology uses machine learning to identify major risks on individual properties, allowing underwriters to work with insureds to mitigate risk and create a more transparent, frictionless policy-writing process.

Related: Who’s using what in P&C insurance: February 22, 2021