Who's using what in P&C insurance: January 31, 2022
Insurance technology news from UPC Insurance, Stillwater Insurance Group, Pathway and more.
Co-operative Insurance Companies selected Betterview’s Remote Property Intelligence Platform to help reduce expenses associated with loss control. Betterview’s Remote Property Intelligence Platform, including the integrated PropertyInsight tool and Roof Spotlight Index, leverages aerial imagery, proprietary machine learning algorithms and third-party partner data to give property and casualty insurers, like Co-operative, a better understanding of risk at every stage of the policy lifecycle. All of these insights are housed in a single, intuitive environment that transforms data into direct underwriting actions for risk selection as related to new business.
UPC Insurance partnered with Plnar to speed up the entire claim process by enabling at the assignment stage – empowering adjusters to triage property claims without the need of an onsite inspection. Designed with simplicity in mind, the Plnar Snap App provides policyholders with an easy-to-use solution to document their interior property damage in less than 2 minutes per room. Incorporating the Snap App into the claims adjudication workflow is another innovative technology that UPC Insurance has implemented within its automated platform.
Send Technology Solutions partnered with Bowhead Specialty Underwriters, Inc., a provider of specialty liability coverages. The deal sees Bowhead using Send’s commercial insurance platform, which enables insurers around the world to automate, streamline and optimize their operations.
Stillwater Insurance Group selected Betterview’s PropertyPulse to flag modifications to insured properties which may require additional underwriting assessment or risk mitigation steps. With offices in some of the country’s most insurance-challenged states, including Florida, New York and California, Stillwater’s seasoned mix of insurance professionals have been providing a suite of essential personal insurance products and a growing line of commercial property products since the early 2000s.
Atrium Underwriters Limited partnered with Tautona to automate the initial evaluation of North American property claims. The system has undergone a lengthy pilot stage and was recently implemented for live claims. Atrium’s US clients and retail brokers will be the main beneficiaries of the technology.
Pathway partnered with HawkSoft to Streamline Client-facing Communications like email and text messaging. The launch of this integration continues to push forward the goal of centering the HawkSoft Insurance Platform within an independent insurance agency’s unique tech stack and does so through the help of an exciting new partner.
ClarionDoor partnered with Dark Matter Insurtech LLC to deliver an intelligent digital experience for managing general agents and insurance E&S carriers. ClarionDoor’s rate/quote/bind process meshes well with Dark Matter’s specialization in streamlining processes, optimizing workflows, and enriching data for wholesale brokers, MGAs, program administrators, managing general underwriters, non-admitted insurance companies, retail and specialty brokers, and companies operating in the Lloyd’s marketplace.
Expert.ai and RSA partnered on a key project to enhance claims management. RSA will increase the reach of intelligent document processing to a broader tranche of pet insurance claims. It will also support decision making, improving the customer journey through quicker cycle times – made possible by the precision that only advanced AI-based natural language capabilities can offer.
Nationwide selected CCC‘s Mobile Appraiser Pro to accelerate the claims process by driving efficiency and consistency into field inspections. CCC Mobile Appraiser Pro helps field appraisers make repair and total loss determinations on-the-spot. The app easily connects to AI-powered estimating and valuation tools, guides the collection of supporting photos and facilitates sharing to systems to simplify the assessment process.
Openly selected Hosta A.I.’s remote property assessment capabilities to their claims processing platform. Openly and Hosta A.I. are similarly committed to using technology to improve the insurance experience for consumers and agents alike. Openly rebuilt the entire technology and operations stack of insurance to create an intuitive, fast, and stress-free quoting process. With the addition of Hosta’s technology, Openly can now accelerate processing claims without ever having to send someone onsite for a property assessment.
Related: Who’s using what in P&C insurance: January 24, 2022