Who's using what in P&C insurance: July 15, 2024
Insurance technology news from 101 Weston Lab, Capital Insurance Group, Charlee.ai and more.
101 Weston Labs partnered with the Independent Insurance Agents and Brokers of America, Inc. The accelerator, which is a project of the Independent Insurance Agents of North Carolina, works with startups that are innovating in areas like artificial intelligence, data analytics, process automation, cyber liability, quoting and more. The program helps advance their efforts by facilitating a network of agents, advisors, and service providers who provide product feedback and operational acumen. The Big “I” partnership will help in furthering these goals.
Capital Insurance Group successfully migrated Guidewire‘s InsuranceSuite onto Guidewire Cloud to power core operations, simplify IT operations and quickly adapt to changing market demands. The company is a member of Auto-Owners Insurance Group and migrated InsuranceSuite for its commercial lines of business. CIG is currently migrating InsuranceSuite for its personal lines of business. Guidewire PartnerConnect Consulting Global Premier member PwC led the implementation project.
Eastern Alliance Insurance Group has selected CLARAty.ai platform developed by CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, to enhance medical outcomes for injured workers, improve reserve accuracy and lighten administrative burdens for claims professionals.
GNP Seguros selected Equisoft’s cloud-based policy administration solution that uses OIPA as its core. With the implementation of Equisoft/manage, GNP Seguros will continue its digital transformation process, offering innovative products that meet the expectations of its clients.
Harbor One Insurance Agency has selected EZLynx as its foundational management system to digitize and optimize business operations. EZLynx will enable the agency to transition from paper-based operations to leveraging an all-in-one management system complete with intuitive tools to better manage the policy lifecycle and operate with a single view of the customer across lines of business, building a scalable foundation for future growth.
Charlee.ai and Duck Creek Technologies partnered to enhance claims management processes through cutting-edge predictive analytics. This collaboration will integrate Charlee.ai’s advanced AI technology into Duck Creek Claims, an industry-leading claims management solution offered by Duck Creek Technologies. By infusing AI capabilities into Duck Creek Claims, insurers will benefit from enhanced predictive analytics, empowering them to make more informed decisions, streamline claims processing, reduce costs and ultimately improve customer satisfaction.