Who's using what in P&C insurance: November 14, 2022

Mobilize Financial Services partnered with Accenture to build and operate the insurance platform from end to end, aiming to create optimized and unique experiences across the entire customer journey, from sales and loyalty through to the claims process, enabled by an embedded insurance solution that leverages the connectivity of the car.

SageSure and Goosehead partnered to launch the new reciprocal exchange Elevate to protect homeowners in coastal states. Elevate is domiciled in Texas. Exclusively available for distribution by Goosehead producers enrolled with SageSure, Elevate homeowners insurance is developed, underwritten and serviced by SageSure and is now available in Texas where market capacity continues to tighten. Elevate’s expansion into additional coastal states is imminent.

Kingstone Insurance Company selected Insurity’s artificial intelligence powered Sure AI Assistant. Kingstone Insurance Company, a carrier specializing in providing personal lines insurance in the Northeast, will leverage Sure AI Assistant to offer a modernized choice for its policyholders to report claims and improve efficiency during the claims process.

Policy Expert partnered with comparison pioneers Quotezone.co.uk, adding its car insurance product to the panel of insurance experts. Harnessing proprietary technology and advanced data analytics, Policy Expert provides simple, transparent and fair home and car insurance for over 1.2 million customers, achieving 26% growth in policyholders in the last 12 months alone.

Cowbell announced the launch of its Connector for Google Workspace. The connector allows access to inside-out data and real-time risk insights into Google’s collaboration and productivity applications within Google Workspace. Cowbell is the first insurance provider to specifically incorporate Google Workspace security configuration data into its overall risk assessment model.

Understory Inc. and Skyward Specialty Insurance Group Inc. partnered to launch a new insurance solution to help U.S. automotive dealerships control the rising cost and instability of dealership inventory coverage, or dealers open lot. The new solution combines Understory’s breakthrough weather technology and expertise in risk mitigation with Skyward Specialty’s deep underwriting, claims and captive experience to pioneer a mutualized captive property insurance structure.

Oklahoma Farm Bureau Insurance selected One Inc digital payments platform to provide both inbound and outbound digital payments. This move will enable OKFB Insurance to adapt quickly to changing market demands and enhance customer service. The integration, which is to be deployed with the Guidewire InsuranceNow all-in-one, cloud-based core system, will enable OKFB Insurance and its users to accept and disburse payments using both ClaimsPay and PremiumPay products from One Inc.

Ford Motor Company and J.D. Power ChromeData partnered to use Ford and Lincoln vehicle build data for ChromeData VIN Descriptions. Ford and Lincoln vehicle build data provides OEM-sourced vehicle information from the time a vehicle was manufactured, allowing for more accurate insurance quotes, which ultimately benefits customers.

Mutual Benefit Group selected Duck Creek Distribution Management to enhance agency management, data and compensation capabilities. Duck Creek’s distribution management solution will provide the auto, home and business commercial lines insurer with an improved agent experience and an increased level of customer engagement. Mutual Benefit Group maintains a strong and consistent customer focus by employing a people-centric workforce that is committed to meeting the needs of its policyholders with care and compassion.

Related: Who’s using what in P&C insurance: November 7, 2022