Who's using what in P&C insurance: April 4, 2022
Insurance technology news from SageSure, Economical Insurance, Pathpoint and more.
SageSure selected One Inc’s ClaimsPay platform for its digital claims payment functionality. Already using One Inc for inbound payments, the adoption of this system for outbound claims payments consolidates all of SageSure’s payment activities onto one platform.
Economical Insurance selected selected Solera‘s Visual Intelligence Machine Learning platform for advanced AI-driven workflow management. Powered by Guided Image Capture, a customizable Qapter module, part of Solera’s end-to-end AI-powered claims platform, this alliance can help position Economical to be an early adopter of VI/ML in Canada.
Pathpoint and Bold Penguin partnered to deliver streamlined access to Pathpoint’s technology solution for non-admitted products to users of the Bold Penguin Terminal, expanding Pathpoint’s reach and Bold Penguin’s market capacity. The Bold Penguin platform allows insurance agents to quote small business insurance through an integrated application and return multiple quotes with push-button ease.
Data Council selected ACORD market’s chosen data standards methodology, with the content of the Core Data Record set to align with that. The purpose of the CDR is to facilitate accounting and settlement, as well as tax and regulatory reporting for the London insurance market, and its content will align to ACORD’s Global Reinsurance and Large Commercial standard.