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Insurance technology news from Hourly.io, Mutual Life Insurance Company and more. Photo: TippaPatt/ShutterstockHourly.io selected Origami Risk’s multi-tenant Software-as-a-Service P/C core solution to bring critical automation to its breakthrough insurance platform for small and mid-sized businesses with hourly and mobile workers. The platform integrates rates and rules from NCCI and other bureaus with Hourly’s underwriting models. Hourly combines payroll with time and attendance data to determine workers’ compensation premiums with to-the-penny accuracy in real time.
Mutual Life Insurance Company selected V3locity, Vitech‘s cloud-native administration, engagement and analytics platform, to support its Pension Risk Transfer business. With V3locity, MassMutual can automate additional functions of the PRT process and annuitant experience, including new business acceptance, onboarding and benefit and payment processing, supporting the insurer’s robust sales and service volumes while driving additional operational effectiveness and efficiency.
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The lawsuit alleges Aon “wrongfully” used its unified platform to lure clients and reap huge profits.
If you focus on solving concrete business problems, your A.I. can dramatically transform customer experience.
Roger Spears of Schneider Downs, discusses how businesses can perform a check-up of their cybersecurity practices and limit their vulnerability to online threats.
Playbook
Sponsored by One Inc
Evaluating Payment Providers: A Playbook for Success in the Insurance Industry
This report discusses the key components insurance carriers need to assess when selecting a digital payments provider and the ways in which leading technology can benefit insurers and their insureds. Ensure your competitive advantage in 2024 with an enhanced digital payments strategy.
eBook
Sponsored by TransUnion
The State of Customer Outreach: Top Ten Findings for Insurance
Download this eBook and learn about challenges, goals and strategies for improving customer experience, revenue growth and operational efficiency. Discover the importance of integrating voice and digital channels, addressing low answer rates and leveraging technology for better customer contact. The study provides insights into insurers' priorities, key challenges and the role of technology solutions in achieving success.
eBook
Sponsored by OneShield
Commercial Property Preparedness: Bracing for Changing Risks
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Copyright © 2023 ALM Global, LLC. All Rights Reserved.
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