News from Valen Analytics, Pioneer Programs Insurance Solutions LLC, Pennsylvania Lumbermens Mutual Insurance Company and more. (Photo: Shutterstock)
Valen Analytics, an Insurity company, has announced that South Carolina-based Canal Insurance Company is hosting their own predictive model for underwriting on Valen's InsureRight Platform. The platform provides Canal a streamlined means of managing its predictive models and the underlying data to make real-time underwriting decisions.
Pioneer Programs Insurance Solutions LLC has entered into a new exclusive partnership with home warranty companies HMI (Home Maintenance & Inspection) Inc. and FrontLine Response LLC to provide warranty service and support to policyholders of its Contractors' Choice program. Through the partnerships, Contractors' Choice will offer the services of HMI and FrontLine to provide homebuyer warranty concierge service, as well as a warranty outreach program.
Pennsylvania Lumbermens Mutual Insurance Company has announced that its president and CEO, John K. Smith, will be honored with the Distinguished Leadership Award at the Insurance Society of Philadelphia Independence Gala on Nov. 14, 2018. The award is given yearly to an insurance executive who has demonstrated great leadership and character in his or her company, industry and community, providing ongoing support to charitable enterprises.
Totten Insurance Group Inc. has acquired Anderson McTague & Associates Ltd. Terms of the transaction were not disclosed.
Avitus Group has launched Avitus Insurance Services across the U.S. in all 50 states. The commercial lines offered are bundled according to industry, such as retail trade, manufacturing and construction, among others.
TD Insurance has announced the second edition of its yearly team challenge, the TD Insurance Challenge. The teams' projects must be designed to improve the automotive and housing insurance sector while helping to make the world a better place at the same time. Prizes include a trip to Toronto to compete in the finals and cash prizes for the top three teams.
Simplitium, a global financial services technology provider and wholly owned subsidiary of Cinnober Financial Technology, has launched Open Exposure Data (OED), a new exposure data format for catastrophe risk modeling. OED is based on AIR's CEDE code-set and comprises four input files and 20+ back-end relational tables.
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