Who's using what in P&C insurance: January 22, 2024
Insurance technology news from Foxquilt, Bees360, Verisk and more.
Foxquilt partnered with global specialty insurance provider, Markel. This meaningful collaboration spearheads embedded insurance innovation for more small business owners, agents, brokers and enterprise partners across North America. Foxquilt utilizes a full-stack underwriting platform, powered by data analytics, to recommend tailored coverage and pricing from Foxquilt’s own proprietary commercial insurance products.
Bees360 partnered with Openly, the premium homeowners insurance provider sold exclusively by independent agents. This partnership ushers in a new era of claims inspections and will ensure swift, well-informed decision-making that supersedes the human element of subjectivity.
Verisk announced MSP Navigator is Verisk’s latest product to be made available on Duck Creek’s Content Exchange. MSP Navigator provides casualty insurers with an efficient solution for Section 111 reporting, and they can benefit from the advanced automated reporting and analytical capabilities of the platform, facilitating compliance and avoiding civil monetary penalties.
Related: Who’s using what in P&C insurance: January 15, 2023