Who's using what in P&C insurance: April 19, 2021
Insurance technology news from Semafone, Motus, Ascot and more.
Semafone partnered with Avaya, cloud-based solutions designed to enhance and simplify communications and collaboration. This agreement brings Semafone into the Avaya ecosystem of alliances, with the goal of helping customers solve the complex security and compliance challenges faced as they embrace a work-from-anywhere model.
Conner Strong & Buckelew has started a partnership with National Subrogation Services (NSS), which will provide the necessary resources for Conner Strong & Buckelew clients to pursue recovery opportunities and ultimately boost their bottom line. The subrogation partnership with NSS will streamline claim filing and reporting, ensure all viable claims are pursued and improve clients’ loss ratios resulting in an additional source of revenue.
Motus partnered with HUB International Real Estate group to expanded its earthquake program exclusively for HUB’s CCCASA members and its high-rise luxury condo portfolio.
Ascot selected TradEd etrading platform, which enables carriers to view submissions and associated risk details, make queries, see material information updates in real-time, edit deal documents online while simultaneously updating the underlying data model and binding electronically.
Bamboo Insurance selected Socotra, a cloud-native insurance core platform, to power its existing insurance offerings and new product lines. Bamboo Insurance offerings including homeowners, dwelling fire, flood and earthquake insurance. Currently operating in California, Bamboo’s partnership with Socotra will enable a rapid expansion of coverage and product offerings in additional states.