Insurance technology news from WTW, Zywave, Liberty Specialty Markets and more. (Credit: TippaPatt/Shutterstock)
Verisk selected Yembo for using interactive, 3-D models and detailed content inventories to accelerate and refine their claims handling. Yembo's technology, which is powered by artificial intelligence, now integrates with Xactimate, enabling desk adjusters to view photo-realistic, 3-D models of interior damage created from videos captured onsite via smart devices. These detailed, interactive digital models can help adjusters quickly estimate repair costs without visiting the site in person.
WTW and CodeEast partnered to enable MGAs and carriers to rapidly implement a digital platform for workers' compensation insurance. CodeEast, a market-leading insurance software systems provider, has revealed that their ONEview platform now includes functionality that is tailored for U.S. workers' compensation insurance. This includes a workers' compensation ratings component delivered through Radar Live, WTW's cutting-edge price delivery and decision engine platform.
Zywave partnered with Salesforce, the global customer relationship management leader. This partnership will further bring together the worlds of insurance agency sales and client service, creating more efficient, strategic workflows powered by data and content to deliver a seamless client experience.
Liberty Specialty Markets partnered with REIN to provide Sony Electronics with an insurance product to offer drone purchasers and operators an instantly accessible coverage option.
Blitz partnered with Verisk to help cannabis and other specialty businesses more easily obtain insurance. Blitz, which insures cannabis and other hard-to-place or underserved, small-to-medium sized businesses, is implementing a variety of Verisk solutions to help boost efficiency and support profitable growth.
SECURA Insurance selected One Inc's full best-in-class suite of digital payment solutions PremiumPay and ClaimsPay, for both inbound and outbound payments for one of its insurance products. The result is seamless handling for inbound customer payments, paired with faster claims disbursal and closing, ultimately allowing SECURA to better manage their customers' needs and reduce operational costs. SECURA is planning to deploy and integrate One Inc's suite of digital payments for one product line as the carrier begins evolving its digital payment experience.
Google Cloud and The Travelers Companies, Inc. partnered to create a cloud-based data ecosystem that will quickly synthesize vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large and middle- market businesses.
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