Insurance technology news from SPLICE Software, Latitude Subrogation Services, Insurity and more. (Credit: everything possible/Shutterstock)
SPLICE Software is using Duck Creek's policy and billing solutions to integrate text-to-pay in response to growing customer demand. Text messages have a 98% open rate, and text-to-pay has risen in popularity as contactless payments and other alternative payment methods surfaced during the COVID-19 pandemic.
Latitude Subrogation Services is leveraging Gigaforce platform for subrogation. Latitude is a subrogation vendor and purchaser of subrogation assets, and provides solutions for insurers, self-insured entities, third-party administrators and specialty risk companies.
Insurity received an investment from TA Associates, which will further accelerate Insurity's growth and expand the delivery of configurable, cloud-native, and intuitively analytical software platforms for the P&C industry.
Mitsubishi Motors is further partnering with LexisNexis Telematics OnDemand to give Mitsubishi drivers the ability to use their Road Assist+ telematics data to potentially earn discounts on their insurance premiums as early as point of quote.
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