“By fully leveraging the InsureRight Platform, Central will gain access to forward-looking insights into how its book of business will perform,” says Valen Analytics President Kirstin Marr. “Central is improving its ability to adjust, optimize, and grow in an increasingly sophisticated competitive market.”

QBE NorthAmerica has entered into a multi-year commercial use agreementwith HyperScience, a machine learning, enterprise-gradeartificial intelligence (AI) solution. The partnership aims todrive operational efficiency and unlock new data and insights forunderwriting, pricing and claims.

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NARS, aleader in third-party claims administration, has subscribedto BAP™ invoicing software from VIP Software, anational provider of integrated software solutions to the propertyand casualty (P&C) insurance industry. BAP automatesinvoice creation and payment through its integration with leadingestimating software and billing systems, and delivers real-time,key performance indicators to provide NARS with data insight toscale its business.

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Central Insurance Companies have adopted Valen Analytics'InsureRight Platform for Workers' Compensation; both the Predictand Manage applications of the platform. Predict providesunderwriters with an analytics tool to make quicker and moreinformed decisions on risk selection and pricing. Manage providesadvanced business intelligence capabilities including predictiveindicators of overall performance, so that insurers can makeforward-looking decisions on their portfolio and underwritingresults.

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Duck CreekTechnologies has expanded its Partner Ecosystem programthrough a formal relationship with Perr&Knight,a leading provider of insurance consulting and software solutionsto the property & casualty and accident & healthindustries. Perr&Knight helps its clients achieve their goalsby providing actuarial and insurance operations consulting servicesalong with software solutions that address operational challenges,increase efficiency and improve their competitive position.

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Ed, the global reinsurance, wholesale and specialtybroker, today announced it has signed a partnership with geospatialdata enrichment and analytics firm SpatialKey. Aspart of the partnership, Ed will have access to SpatialKey'sadvanced geospatial analytics technology. The software will allowEd to better advise its clients on how to mitigate riskaccumulations and improve financial performance.

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See also:

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Who's using what in P&C insurance: April 30,2018

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Who's using what in P&C insurance: April 9,2018

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