Who's using what in P&C insurance: January 30, 2023

Insurance technology news from kWh Analytics, Branch, Cognizant and more. (Credit: everything possible/Shutterstock)

kWh Analytics partnered with Aspen Insurance to launch their highly anticipated property insurance for renewable energy assets. This new product, which provides coverage against physical damage for solar and other renewable projects, introduces much-needed capacity to a rapidly growing industry at a time when traditional carriers are tightening their portfolio exposure.

Branch partnered with Verisk to improve the customer experience and lift conversion rates by integrating granular reliable data on household risk from Verisk. With Verisk’s LightSpeed for Personal Lines platform as part of its tech-stack, Branch delivers reliable, bundled auto and homeowners quotes in seconds, requiring only a name and address. Branch’s strategy embraces a new economic model, supporting profitable growth and optimized workflows.