Who's using what in P&C insurance: July 19, 2021

Insurance technology news from Swiss Re, Chisel AI, Five Sigma and more. (Credit: TippaPatt/Shutterstock)

Swiss Re partnered with Milliman Appleseed to accelerate new entrants offering private flood insurance. Using Milliman Appleseed, a new advisory organization licensed to submit loss costs, rating factors and risk scores with state insurance regulators across the U.S, go-to-market time is greatly reduced.

Chisel AI and Xceedance partnered to deliver best-in-class, on-demand, AI-powered policy checking and review technology and services to commercial brokers and agents. The Chisel AI automated policy check solution digitizes and standardizes the entire process of comparing an existing policy, quote and binder against a new policy to ensure contract certainty in minutes. Xceedance will leverage the Chisel AI platform to further elevate on-demand policy checking support, as part of the company’s extensive operational capabilities for brokers and agents.