Who's using what in P&C insurance: March 4, 2024

Cognizant and CNO Financial Group partnered to include Cognizant optimizing and modernizing CNO’s technology-based services and solutions with generative AI, cloud and digital technologies. Through this partnership, CNO will benefit from Cognizant’s expertise in providing end-to-end technology services and ultimately enhance CNO’s customer experience and optimize business processes and operations. Leveraging gen AI tools Cognizant will deliver improvements and drive efficiencies for CNO’s technology landscape across infrastructure, applications, enterprise software and engineering.

Atlantic Global Risk has gone live with Novidea Insurance Management Platform to eliminate data silos, empower staff. Novidea’s insurance management platform is an intelligent, cloud-native, data-driven platform for brokers, agencies, wholesalers and MGAs. Its award-winning technology drives efficiency across every stage of the insurance policy distribution lifecycle – from lead to quote to bind to claims. This allows organizations like Atlantic to scale their business with a comprehensive, 360-degree view of all their customer and operational data. Novidea’s platform seamlessly connects Atlantic’s front, middle and back offices.

Capitol Benefits, LLC has selected Applied‘s Digital Agency to build a flexible technology stack built on Applied Epic that supports easy integration of point technologies to enhance automation and growth at each stage of the insurance lifecycle across its benefits and P&C books of business. The agency will leverage Applied’s open architecture that allows for the easy and secure flow of data to simplify workflows for greater productivity across agency roles while eliminating the time and cost spent managing its business across disparate systems.

Echo Reinsurance Limited implemented ACORD Solutions Group’s ADEPT to automate digital data exchange with Guy Carpenter, a global risk and reinsurance specialist. Built by ACORD Solutions Group, the provider of solutions for standardized data exchange throughout the global (re)insurance industry, ADEPT enables real-time data exchange, translation and transformation. It connects trading partners across the industry, regardless of their existing level of digital maturity.

DigsFact Inc partnered with Verisk, a leading global data analytics and technology provider. For the first time, adjusters can now quickly initiate a DigsFact project from within Verisk’s XactAnalysis and Xactimate products, allowing adjusters and contractors to improve collaboration and shorten claims cycle times, enhancing the policyholder experience.

Cytora partnered with Chubb, a world leader in insurance, to automate claims document processing. Cytora is a pioneer of generative AI applied to insurance workflows that digitize insurance workflows at unparalleled levels of performance, configurability and scalability across the enterprise.

Related: Who’s using what in P&C insurance: February 26, 2023