Who's using what in P&C insurance: May 3, 2021
Insurance technology news from Hyundai, American Family Group, Fundamental Underwriters and more.
Hyundai Motor America partnered with Verisk to offer usage-based insurance and a driving score program. The initiative aims to promote safe and efficient driving habits and potentially save owners hundreds of dollars on their auto insurance.
Southern Insurance Underwriters, Inc. partnered with Morley Medical, Inc. to distribute an artificial intelligence-based predictive analytics tool, The Risk Mitigator SM, designed to dramatically impact health care risk management in terms of better predicting and managing cases of sepsis in hospital patients for improved health and insurance outcomes.
American Family Group has partnered with Karen Clark & Company (KCC) to utilize KCC’s full suite of U.S. catastrophe models delivered through the RiskInsight® open loss modeling platform. The multi-year agreement includes the KCC models for hurricane, earthquake, severe convective storm, winter storm and wildfire.
Fundamental Underwriters partnered with Snapsheet, a pioneer in virtual appraisals, to utilize its appraisal services to deliver an enhanced experience to its customers. As a division of AF Group, Fundamental Underwriters is focused on delivering exceptional mid-market trucking insurance solutions.