Around the P&C insurance industry: November 29, 2023
Insurance industry news from Crown Jewel Insurance, Cytora, Messagepoint and more.
Crown Jewel Insurance and Lloyd’s Coverholder has secured three additional (re)insurance companies to support its breakthrough trade secret insurance policy known as Crown Jewel Protector. The (re)insurers, Apollo Syndicate Management Limited, Tokyo Marine Kiln Syndicates Ltd, and Greenlight Reinsurance Ltd., will provide insurance capacity alongside Chaucer, the lead underwriter, for clients who qualify for the coverage.
Cytora partnered with ZestyAI, a pioneer in leveraging artificial intelligence for property risk assessment. ZestyAI’s integration into the Cytora platform equips commercial insurance underwriters with the analytics and risk scores they need to assess and manage climate-related risks.
Messagepoint has been recognized by Aspire Customer Communication Services as a leader for the sixth consecutive year in its 2023 Aspire Leaderboard for customer communications management and customer experience management technology vendors. Messagepoint’s Intelligent Content Hub for CCM is recognized in the Vendor-hosted SaaS, AnyPrem CCM and Enterprise Communications Processing categories and is the standout leader in all Aspire’s rankings when it comes to AI-powered Content Intelligence capabilities for CCM.
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