Who's using what in P&C insurance: October 21, 2024

Bold Penguin and HawkSoft partnered and also introduced a new integration with HawkLink, HawkSoft’s data mapping and quoting tool for carrier websites. Together, they aim to simplify the exchange of data between HawkSoft’s agency management system and Bold Penguin’s commercial lines quoting platform, the Bold Penguin Terminal.

Stere partnered with Ivans Distribution Platform, providing carrier connectivity to agency-facing systems for commercial lines quoting and submissions. Stere’s clients, including MGAs and brokers, access to an additional network of carriers for commercial quoting, via Ivans Distribution Platform.

One Inc partnered with J.P. Morgan Payments, aimed at delivering a comprehensive, unified payment experience for property & casualty insurance clients. This enhanced collaboration provides the seamless integration of J.P. Morgan Payments’ capabilities with One Inc’s PremiumPay and ClaimsPay solutions, enabling insurance carriers to access One Inc’s full suite of inbound and outbound digital payment services.

Paymentus Holdings Inc. selected Guidewire Marketplace for the Paymentus Disbursements Accelerator. The expanded accelerator, for Guidewire ClaimCenter, is designed to help insurers rapidly integrate instant digital disbursement capabilities into their claims management processes and improve back-office operations with real-time data integration. The Paymentus Disbursements Accelerator allows policyholders to receive payouts exactly how they want, including payments to digital wallets, credit or debit cards, ACH transfers or via check. Insurers can view payout details in real-time while remaining PCI-compliant, improve back-office operations and reporting, and reduce cost-to-serve.

Faroe and Dais Technology partnered to simplify and optimize the insurance process for carriers and MGAs. Through this collaboration, Dais customers can now access Faroe’s cutting-edge automation tools, which deliver real-time data, automated bordereau submissions and streamlined reconciliation — providing carriers with unprecedented operational clarity and efficiency.

Česká podnikatelská pojišťovna selected Intermap’s innovative solution for determining the market price of real estate properties. Intermap and its partner Dataligence recently launched a solution that combines Intermap’s data and analytics for underwriting, reinsurance and claims with Dataligence’s world-class pricing and real estate databases. ČPP, a long-term user of Intermap’s Aquarius RMA, is the newest major EU insurance group customer to adopt this innovative solution.

Clearspeed partnered with RSA Insurance, providing its voice analytics solution to improve fraud detection, support a more efficient claims process and drive an improved customer experience. By leveraging Clearspeed’s risk assessment technology, RSA is able to more quickly and confidently identify potential fraud during the claims process, complementing the robust fraud mitigation efforts already in place.

Cytora has partnered with Meetrisk, provider of cutting-edge marine risk intelligence. The integration of Meetrisk’s Marine Platform into Cytora’s advanced underwriting productivity tool will allow marine insurers access to enhanced tools for precise risk evaluation and management of vessels, fleets and portfolios. This will mean that they are better able to mitigate against the current challenges of an increasingly fragmented shipping industry, and the geopolitical and climate-related concerns that are having more of an impact on the sector than ever.

Wuuii partnered with Insurance Institute for Business and Home Safety which combines the benefits of IBHS’ Wildfire Prepared Home programand Wuuii’s Madronus Wildfire Defense network to offer a full-service option for California property owners who want to reduce wildfire threats, find affordable insurance, and qualify for premium discounts.

American Association of Insurance Services selected Cloverleaf Analytics to the AAIS Partner Program. Cloverleaf is a forward-thinking GenBI insurance analytics software company that transforms big data into valuable insurance insights. They empower P&C insurers to better monitor risks like fraud, inspect what they expect for growth, and revitalize customer experiences.

Related: Who’s using what in P&C insurance: October 14, 2024