Insurance technology news from A-Affordable Insurance Agency, Beazley, Mountain West Farm Bureau Insurance Co. and more. (Credit: Wright Studio/Shutterstock)
A-Affordable Insurance Agency selected Lightico as its digitalization partner, replacing DocuSign. Lightico's Digital Completion Cloud enables A-Affordable to collect eSignatures and documents for policies quickly and effectively with over 90% collected within one hour.
Beazley selected Insurity's Sure Program Underwriting Distribution to grow its Lloyd's book of business and automate the distribution of its Personal Articles Floater line of business in the United States. Beazley, a global specialty insurer headquartered in London, will give its coverholders the ability to submit risk data in a simple, standardized format via the P.U.D. platform providing pre-quote data validation structured for processing.
Mountain West Farm Bureau Insurance Co. selected Verisk's market-leading solution for property reconstruction cost estimates, 360Value, to help provide updated levels of coverage to its customers. The integration of 360Value's RCEs comes as insurers face inflation, supply chain delays and an increase in custom and luxury home construction – all of which are significantly changing the costs of rebuilding properties.
Georgia Farm Bureau Mutual Insurance Company selected One Inc's ClaimsPay® digital payments platform to provide an improved claim payment experience for its members. The implementation will enhance the outbound claims payment process, providing new and improved options to allow for faster receipt of funds.
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