Who's using what in P&C insurance: July 17, 2023
Insurance technology news from Nationwide, Steadily, Hourly and more.
Nationwide partnered with Hourly to transform workers’ comp & payroll for businesses with hourly and mobile workers. Hourly’s integrated mobile platform connects workers’ comp, time tracking and payroll in real-time. Collecting data points like when a worker is clocking in or out, at any location, how much they are getting paid, whether a workforce is growing or shrinking and if any accidents have happened.
ZestyAI partnered with Coterie Insurance to provide instant quoting and issuing of small business insurance policies. Coterie will use ZestyAI’s property risk analytics platform, Z-PROPERTY, to provide timely risk insights for business insurance underwriting across the U.S.
Progressive Insurance selected Mitchell Cloud Estimating TruckMax to help better manage appraisals of collision-damaged light-, medium- and heavy-duty trucks. To help insurance appraisers and collision repairers increase estimate accuracy and reduce supplements, Mitchell Cloud Estimating TruckMax features integrated aftermarket parts pricing directly from suppliers, detailed exploded diagrams, in-house authored procedure pages, extensive labor data and intuitive paint refinish calculations.
Harford Mutual Insurance Group selected Origami Risk’s multi-tenant, software-as-a-service P&C solution for claims adjudication, reporting and the delivery of enhanced client services across all its commercial property and casualty insurance lines. Origami Risk offers a full suite of end-to-end, integrated SaaS solutions for policy, rating, billing, loss control and claims administration, reporting and analytics, along with a comprehensive digital engagement experience for all internal and external stakeholders.
Steadily selected the Socotra‘s Connected Core policy administration system. The collaboration has allowed Steadily to enhance its systems and deliver an exceptional user experience to its customers. Steadily has greatly benefited from Socotra’s comprehensive API suite, which has provided the company with unparalleled flexibility in integrating Socotra Connected Core within its existing systems. The seamless integration has allowed Steadily to optimize its operations and offer a streamlined experience to its users.
Hourly partnered with Nationwide to serve as an MGU underwriting skilled trade businesses with mobile and hourly workers. Through Nationwide, Hourly’s platform and advanced underwriting model will help Hourly’s network of more than 3,000 appointed independent insurance producers expand their client base, retain more of those clients, generate more revenue and stand out from competitors.