Who's using what in P&C insurance: December 20, 2021
Insurance technology news from LexisNexis, Cowbell Cyber and more.
LexisNexis® Risk Solutions and Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, announced the two companies have entered a strategic alliance. As a result, insurance carriers can now seamlessly incorporate LexisNexis® Claims Clarity data and analytics into Shift’s insurance decisioning artificial intelligence (AI) models, allowing carriers to better predict fraud and risk at the first notice of loss.
Cowbell Cyber selected Microsoft‘s Secure Score Connector, which enables policyholders to proactively manage cyber risks within their Microsoft footprint. The Cowbell Connector for Microsoft provides direct visibility into the deployment of security best practices on Microsoft cloud applications with real-time recommendations to remediate identified weaknesses. As a result, active policyholders can improve their security posture prior to seeking cyber insurance or to help prevent any incident happening.
Related: Who’s using what in P&C insurance: December 13, 2021