Who's using what in P&C insurance: October 28, 2024
Insurance technology news from Pivix Specialty Insurance Services Inc., ZestyAI, Send Technology Solutions Ltd and more.
Pivix Specialty Insurance Services Inc. partnered with Canopius US Insurance Inc. to launch a property and casualty contract binding program. This binding authority facility targets smaller commercial property and general liability E&S risks produced by select brokers exclusively through the wholesale distribution market.
ZestyAI partnered with Donegal Insurance Group on a project that utilizes its new roof age solution for Donegal’s existing personal lines book of business. Through the project, Donegal, a Pennsylvania-based regional insurance carrier, leveraged ZestyAI’s Roof Age solution to populate homeowner policy renewals where roof age was absent.
FCCI Insurance Group selected Duck Creek‘s Policy with Active Delivery. FCCI’s transition to Duck Creek’s platform enables Active Delivery to drive operational efficiencies, automate manual processes and enhance speed to market for new products. Duck Creek’s premier delivery partner, Cognizant, led the implementation project to ensure FCCI quickly recognizes reduced expense ratios, improved core operational performance and enhanced scalability to handle higher volumes seamlessly.
White & Associates Insurance selected Tarmika, the industry’s leading commercial lines quoting tool, to remain competitive amid challenging market conditions. Tarmika will provide White & Associates Insurance’s agents with a snapshot of carrier appetites for standard commercial lines in one place to help agents stay on top of rapid appetite changes and remove the friction of rekeying data and switching between multiple carrier platforms, allowing for more accounts to be remarketed more quickly.
Send Technology Solutions Ltd partnered with Deloitte to deliver Send’s award-winning underwriting workbench platform to commercial and specialty carriers worldwide. The partnership strengthens Send’s delivery capabilities as demand grows for next-generation technology to support insurers’ move from process-driven to data-driven business models.
Related: Who’s using what in P&C insurance: October 21, 2024