Who's using what in P&C insurance: May 1, 2023

Insurance technology news from Majesco, Novo Insurance, Insurity and more. (Credit: TippaPatt/Shutterstock)

Majesco selected One Inc’s  ClaimsPay to offer fast and secure digital claims payments through customers’ preferred channels and methods. This expands an already strong partnership with One Inc bringing an out-of-the-box integration and an online payment capability in Majesco EcoExchange to the Majesco Billing for P&C platform. This enhancement delivers a comprehensive, inbound-outbound payment processing solution for Majesco customers across the entire P&C suite.

Global Risk Consultants and Archipelago partnered to utilize artificial intelligence to provide risk managers and owners of large commercial real estate portfolios actionable insights into their property risk data to improve efficiency, increase transparency and drive improved financial outcomes. The partnership will allow companies to utilize AI to enrich geo-coding, COPE, cat-risk data and other property attributes with the ultimate goal of impacting insurability on the property and portfolio level. Clients will also be able to monitor risk recommendations, prioritize data improvements, track changes to locations in real-time and benchmark against the competition.