Who's using what in P&C insurance: October 14, 2024
Insurance technology news from Orion180, Polly, Holmes Murphy and more.
Orion180 partnered with Vexcel Data Program. The agreement secured an enterprise license for accessing high-resolution aerial imagery and property analytics, including post-disaster damage assessments. This partnership enhanced Orion180′s underwriting and claims operations by delivering a comprehensive suite of high-resolution aerial imagery and advanced analytics, crucial for real-time underwriting and post-event claims assessments. With these tools, Orion180 can more effectively triage response teams, better serve its customers and partner agents, and drive continued profitable growth.
Polly partnered with TruStage, a financially strong insurance, investment and technology provider with more than 85 years of experience serving over 3,500 credit unions and their members across the United States. Polly’s advanced insurance platform and carrier partnerships will give members the ability to obtain instant online quotes, compare insurance options from available carriers and choose the right carrier for their needs and budgets, all facilitated by Polly’s technology and award-winning insurance agents. Members can choose to interact with live insurance agents or utilize a fully digital quoting process, ensuring flexibility and accessibility.
Holmes Murphy and BrokerTech Ventures partnered with InsurTech Israel. The foundation and purpose of the RGIA is to build upon the global insurtech ecosystem and not only provide mentorship and business support to accepted global insurtech founders, but also open the door for the global insurtech founders to experience how business is done in the U.S. marketplace.
ACORD Solutions Group partnered with Salesforce, the number one AI CRM, to integrate multiple ACORD Solutions Group capabilities within Salesforce Financial Services Cloud, enabling standardized data exchange for carriers and brokers across its insurance offerings. The integration leveraged ACORD Transcriber to facilitate document extraction and population for Salesforce Financial Services Cloud’s U.S. based property and casualty customers.
Cytora has partnered with Kroll. The integration enabled commercial insurance underwriters to gain real time replacement cost values for assets globally. This will enable underwriters to gain a comprehensive view of insurable value risks leading to faster and more accurate decisions.