Who's using what in P&C insurance: July 1, 2024
Insurance technology news from DUAL North America, Insurity, Cytora and more.
DUAL North America partnered with CyberClan, a leading cybersecurity risk management firm. This collaboration aims to bolster cybersecurity protections for DUAL’s insured clients by offering exclusive, proactive risk management services. This strategic partnership enhanced the full suite of risk management solutions offered by DUAL. DUAL Cyber is now seamlessly integrated with DUAL Passport, streamlining access to cybersecurity services for clients. DUAL Passport allows cyber producers to quote, bind, and issue policies, download policy documents and receive real-time underwriting updates.
Chesapeake Employers Insurance partnered with Ivans to further automate the exchange of insurance claims information to its growing network of agency partners. After successfully partnering with Ivans for years to provide agents with direct access to policy, eDocs and commission downloads via their agency management systems, Chesapeake Employers now offers claims download to deliver management and visibility into the claims process between agents and their customers.
COUNTRY Financial partnership with ZestyAI signifies a strategic move towards modernization and enhanced client service. By incorporating ZestyAI’s solutions into its underwriting processes, COUNTRY Financial is poised to streamline operations and provide more accurate risk assessments, aligning with its commitment to delivering unparalleled service to its valued clients and network of representatives.
Earnix partnered with NTT DATA to support leading property and casualty insurance carriers with cloud-based intelligent solutions for pricing, rating, underwriting and policy personalization. By seamlessly integrating Earnix’s comprehensive end-to-end solution with NTT DATA’s expertise in data migration, the partnership improves insurers’ time to market and ability to leverage data for innovation.
Insurity partnered with Coherent, a platform that simplifies and accelerates insurance product development. This collaboration marks a significant step forward in the capability of P&C insurance organizations to modernize their systems and streamline their operations. The partnership directly addresses the critical challenge of rating and rules externalization and provides a holistic solution that covers the complete workflow for carriers and intermediaries. By reducing dependency on outdated systems, Insurity and Coherent enable insurers to manage diverse risks and customizations more effectively.
Zurich North America selected One Inc’s digital claims payment system for outbound claims payment capabilities. Zurich is one of the largest providers of commercial and risk management solutions in North America and pays out hundreds of thousands of claims every year on behalf of and for its customers.
Northwood, Inc. and CHN PPO/Medlogix partnered to enhance the two organizations’ claimant-centric focus in delivering innovative solutions for better outcomes for auto accident claimants. This collaboration combined Northwood’s over 30 years of experience in Michigan auto accidents and work-related injuries with CHN PPO/ Medlogix highly credentialed, coast-to-coast network. The agreement is a testament to Northwood’s commitment to a high standard of care and cost savings.
Cytora has partnered with leading provider of property valuation solutions e2Value. The integration will enable commercial, agricultural and residential property insurance underwriters to instantly gain access to scores of critical data points on buildings in the U.S.