Insurance technology news from Elephant Insurance, Zurich, Plexus Groupe and more. (Credit: Sergey Nivens/Shutterstock)
American Farmers & Ranchers Mutual Insurance Company selected Verisk's property claims-handling solutions. Verisk is a leading global data analytics provider. AFR Insurance will use Verisk's property claims-handling ecosystem to help rapidly assign, inspect and settle property and contents claims; monitor and analyze company performance; and get valuable insight on severe weather events. By harnessing these powerful solutions — including Xactimate®, XactContents®, XactAnalysis® and Verisk Benchmark® — AFR Insurance will enhance its claims assignment processes and streamline claims inspections and estimating.
Elephant Insurance selected CCC technology to include its AI-powered, digital claims solutions. Specifically, Elephant will leverage CCC's technology to help digitize and further transform total loss resolution, advancing the insurer's ability to deliver straight-through processing across the claims experience. With CCC's suite of smart digital solutions, insurers can proactively engage policyholders following a probable total loss and guide them in capturing important information.
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