Who's using what in P&C insurance: June 28, 2021
Insurance technology news from TT Club, Duck Creek Technologies, Partner Platform and more.
TT Club implemented Insurity’s Oceanwide Marine Suite for its cargo insurance business. TT is a provider of insurance and related risk management services to the international transport and logistics industry. Oceanwide Marine Suite will allow TT to promote real-time collaboration between multiple parties to offer operational efficiencies in managing and administering marine cargo insurance policies. Various tools within the suite allow users to rapidly process referrals and proactively manage exposures with complete data transparency.
Duck Creek Technologies partnered with Price Digests, a division of Informa, to offer comprehensive API-based commercial vehicle VIN and intelligence solutions. Price Digests’ nationally recognized solutions provide accurate VIN verification and prefill for insurance companies, including proper vehicle identification, full specifications and unbiased market valuations without relying on third-party valuation sources and partnerships.
Partner Platform is collaborating with Simply Easier Payments, giving independent insurance agency clients more options for accepting digital payments. Simply Easier Payments allows Partner Platform clients to offer their insureds a convenient, simple, and secure way to pay their premiums through the agency website, client portal or agency mobile app.
Cloverleaf Analytics and Guidewire Software announced that Cloverleaf’s new Ready for Guidewire validated accelerator is now available to InsuranceNow users in the Guidewire Marketplace. Cloverleaf’s solution provides a fresh perspective on current and historical P&C data that helps insurers proactively improve profitability and reduce risk. The solution does this by collecting and translating diverse enterprise data from internal and external sources into real-time analytics and dynamic visualizations.
One Inc. partnered with Insuresoft, a provider of core systems for the property and casualty industry, to expand integrations between One Inc.’s digital payments platform for both inbound premium payments and outbound claims payments. The partnership will tap into One Inc.’s client roster of 185 independent insurers and MGAs.
Groundspeed and Unqork partnered to enable carriers to drive better risk selection, improve time-to-quote and better serve their customers while dramatically increasing and accelerating their return on investment. Unqork’s pure no-code platform, insurers can bring solutions to market at least three times faster and for a third of the cost when compared to coding methods.