Who's using what in P&C insurance: December 5, 2022
Insurance technology news from Got You Covered, Wejo Group Limited, Aviva Canada and more.
Sapiens International Corporation partnered with Toyota Insurance Management Spain with the aim of transforming and modernizing its business. As such, Toyota’s insurer will be implementing Sapiens DianaSuite to manage the core of its insurance offering. DianaSuite is a Sapiens solution developed especially for the property & casualty market in Iberia. The platform provides a 360º view of the customer that promotes customer loyalty and engagement. Through its digital layer, it enables fluid communication with customers, including both end users as well as intermediaries and suppliers.
Got You Covered partnered with Quotezone.co.uk to offer customers their specialist home insurance product. Got You Covered specializes in providing a range of non-standard home insurance products, tailored to cover subsidence, flooding, listed properties, thatched rooves, landlord and landlord HMO insurance.
Openly partnered with Verisk, a global data analytics provider. With Verisk’s LightSpeed for Homeowners platform, Openly is amplifying their data-forward strategy that optimizes the ordering of rating and underwriting information in real time and helps independent agents deliver innovative products and service to homeowners. Openly is leveraging LightSpeed to support its efforts to enhance the quoting process for independent agents, refine underlying models and continue its profitable growth into new states.
Wejo Group Limited partnered with Ford Motor Company. Insurance providers will be able to better understand driving behaviors through connected vehicle data and insights to support user-based intelligence for end-to-end insurance with the help of Wejo and Ford’s collaboration.
Aviva Canada partnered with Mitchell and implemented its full suite of enterprise claims management solutions. Mitchell WorkCenter assists carriers in managing every step of the claims journey, including loss profiling, auditing and review, repair status, reporting and total loss. Its integrated assignment dispatch technology is designed to enable Aviva Canada to automatically match each claim assignment to the most efficient method of inspection. With Mitchell WorkCenter Total Loss, the carrier has a statistically driven, fully automated system for generating fair market values on loss vehicles.
Motive partnered with Progressive Commercial, Commercial Auto and Truck insurer to offer Motive’s market-leading AI-based safety solution to Progressive Commercial customers. The offering supports each company’s commitment to driver safety while offering customers solution subsidies and lower insurance premiums.
Related: Who’s using what in P&C insurance: November 28, 2022