Who's using what in P&C insurance: November 29, 2021
Insurance technology news from Lightico, Morning Data and more.
Lightico partnered with PayNearMe in a collaboration that will provide Lightico clients a wide range of payment options for their customers all from within Lightico’s Digital Completion Platform. This serves to augment its ability to complete B2C deals such as auto loan originations and servicing digitally and instantly, Lightico reported.
Morning Data donated conceptual data model assets available to the industry via ACORD, the standards-setting body for the global insurance and related financial services industries. Morning Data’s extensive data model, which includes assets focused on reinsurance, delegated authority, financial accounting and claims, will enable users to benefit from a single relationship model for all classes and types of insurance and reinsurance.
Related: Who’s using what in P&C insurance: November 22, 2021