Who's using what in P&C insurance: March 8, 2021
Insurance technology news from Swiss Re, Carpe Data, Mitchell and more.
Swiss Re partnered with ICEYE, a commercial synthetic-aperture radar satellite operator and flood monitoring provider. Building on ICEYE’s innovative technology, the partnership will advance flood risk management, assist disaster response and speed up claims payments globally. Swiss Re’s clients will benefit from enhanced insights and bespoke solutions. ICEYE’s radar satellite constellation, high-resolution imaging capabilities and rapid response analysis fuels ICEYE’s monitoring solution, which offers global coverage for Swiss Re to track and react faster to floods around the globe.
Carpe Data partnered with Unqork to help property and casualty insurers drive speed, reduce fraud and enhance accuracy for insurance claims solutions across personal and commercial businesses. The partnership will enable insurers to evaluate commercial risk more effectively and accelerate claims handling processes.
Delos, Finaeo, Tide Foundation, Dockflow, Coverhero, Digisure, Claimspace, Loadsure, HealthyHealth and Startsure are the global finalists in the InsurTechNY annual competition, which received 120 applications and featured a 24-judge panel. The Bermuda BDA finalists in the completion are Costal Risk, RemitRix and Safekeep.
Mitchell selected Claim Genius‘ artificial intelligence to be accessed through the Mitchell Intelligent Open Platform. This allows U.S. and Canadian carriers to use Mitchell Intelligent Estimating with Claim Genius’ computer vision algorithms to automatically produce partial or complete estimates from photos and videos of damaged vehicles.
Joyn Insurance selected Convr’s d3 Intake to ensure maximum underwriting efficiency and the ability to provide timely quotes and policies at bind.