Who's using what in P&C insurance: January 10, 2022
Insurance technology news from You Insurance, HAI Group, Holmes Murphy and more.
You Insurance and Boost have partnered to provide fast, reliable, low-cost renters insurance at YouInsurance.com. You Insurance and Boost is a natural partnership that will leverage each firm’s user-friendly technology to deliver simple and affordable renters insurance.
Aon has selected HYPR’s system of “passwordless” multifactor authentication (MFA) for use across its global workforce. Rolling out later this year to some 50,000 employees, the MFA system will improve the user experience, increase productivity and efficiency and modernize the insurance company’s processes, according to HYPR.
HAI Group selected Betterview’s Remote Property Intelligence Platform to strengthen and accelerate property underwriting capabilities. Betterview’s PropertyInsight tool delivers a rich set of data and insights on property conditions which, when combined with third-party data, can trigger rules and promote action to improve risk, while the company’s Roof Spotlight Index, a 100-point assessment of a roof’s condition, and its integrated rules and flagging engine make it easy for underwriters to take direct actions in order to prevent future losses and improve loss ratios.
Holmes Murphy selected XDimensional Technologies to live with its Fraternal Program on the Nexsure Insurance Platform, Policy Admin+ Edition. Holmes Murphy is one of Insurance Journal’s Top 100 Property Casualty Agents.
SteadPoint Insurance Group selected Insurity‘s Workers’ Comp Suite software to expand its business. Insurity’s configurable software platform will support SteadPoint’s plans to grow from a regional to a national workers’ compensation insurer. Insurity’s powerful end-to-end suite, combined with the Workers’ Comp Suite self-service configuration capabilities, will enable SteadPoint to add policy, billing and claims administration features for new states in less than 30 days.
Root Insurance selected Tractable’s suite of AI solutions to enable Root to assess and respond to subrogation demands more accurately and efficiently. By integrating Tractable’s AI, Root will accelerate its end-to-end claims process, beginning with subrogation. The collaboration joins together two of the most innovative players in the insurance industry.
Related: Who’s using what in P&C insurance: December 20, 2021