Who's using what in P&C insurance: January 23, 2023
Insurance technology news from Munich Re, Yoga, Trium Cyber and more.
Munich Re selected Verisk’s global risk analytics business, Verisk Maplecroft, to help it enhance human rights due diligence across the entire enterprise. Using Verisk Maplecroft’s world leading Human Rights Risk Indices, which identify exposure to 31 civil, political and labour rights at national and subnational levels in 198 countries, Munich Re will upscale its ability to undertake global operational risk assessments, alongside factoring the data into its underwriting and investment decisions.
Yoga partnered with Quotezone.co.uk, the first aggregator to offer their exclusive new van insurance product. The Doncaster-based company provides a seamless user experience for its customers. Making full use of its resources, the company checks information provided against databases they have access to, meaning that no documentation is required after the insurance is purchased. The point-of-quote validation means no validation is required post-sale as the licence, NCD, claims history and identity are verified before the customer purchases.
Trium Cyber partnered with Origami Risk’s multi-tenant SAAS P&C insurance core solution suite for underwriting, billing and claims administration. Origami has been working in collaboration with Trium Cyber’s team to develop the service company’s core platform. With a versatile solution set, experienced design and implementation team and proven high-quality support services, Origami delivers tailored configurations and a multi-tenant platform that accommodates a variety of business models and facilitates streamlined underwriting, billing, policy and claims administration.
Related: Who’s using what in P&C insurance: January 16, 2023