Who's using what in P&C insurance: March 6, 2023
Insurance technology news from Two Sigma Insurance Quantified, Devron, Wawanesa Insurance and more.
Two Sigma Insurance Quantified partnered with SambaSafety, the market leader in driver risk management technology. The partnership makes SambaSafety’s suite of driver intelligence data available to users of TSIQ’s leading-edge underwriting workbench, SubmissionIQ. Available through a direct API connection, the combined power of this partnership allows teams to proactively validate drivers, combatting any attempt at disguising data and providing underwriters with a better picture of driver riskiness in order to capture the accurate premium reflective of the exposure.
Devron partnered with Cover Whale Insurance Solutions, Inc., a leading commercial trucking insurance provider and fast-growing insurtech. By using Devron’s federated data science platform, Cover Whale will develop and train AI models to rapidly incorporate new and alternative data sources to better predict risk, provide coaching to drivers and align premiums.
Wawanesa Insurance selected One Inc’s inbound payments platform and best-in-class solution PremiumPay to deliver a fast and easy payment experience for its customers. Integrated with One Inc, Guidewire InsuranceSuite on Guidewire Cloud will also be implemented to help Wawanesa reduce costs, improve efficiency, and increase customer retention.
Related: Who’s using what in P&C insurance: February 27, 2023