Who's using what in P&C insurance: July 25, 2022
Insurance technology news from Verisk, Kentucky Employers’ Mutual Insurance Harford Mutual Insurance Group and more.
Verisk partnered with Magnifact to help integrate groundbreaking data analytics solution for life insurance distribution. Enriched by data analytics that reflect deep expertise and experience in the field, Magnifact’s AgentVizion™ solution and AgentVizion2GO mobile app form a digital experience platform that offers agents, brokers, third-party administrators and insurers greater visibility into all aspects of life and annuity distribution. Application programming interfaces (APIs) and web services will drive integration with FAST, which is embedded with growing numbers of life and annuity insurance carriers, to help enhance an increasingly powerful app.
Kentucky Employers’ Mutual Insurance selected Origami Risk’s multi-tenant SAAS P/C platform for underwriting, billing and claims administration. Specifically, Origami’s platform offers KEMI a variety of tools and functionality for policy administration, claims management, billing, advanced analytics, as well as the ability to provide more robust services to agents and insureds.
Harford Mutual Insurance Group selected One Inc’s ClaimsPay® to help process claims payments and synchronize the company’s workflow. The success of ClaimsPay marks the growing number of clients utilizing One Inc for payment digitization.
Related: Who’s using what in P&C insurance: July 18, 2022