Clearcover partnered with Claim Genius, a global leader in artificial intelligence-driven damage assessment and claim estimation solutions, to improve underwriting processes and prevent fraud. This strategic partnership comes on the heels of Clearcover broadening its appetite and expanding into the non-standard auto market in Texas with plans to launch in more states soon.
Security Mutual Group has selected Clearwater Analytics' platform to enhance performance attribution, risk analysis, and decision-making capabilities to drive improved returns and reduced risk. Security Mutual will leverage the Clearwater platform to complete advanced analytics that will deliver a deeper understanding of performance drivers and detailed risk simulations. Operating across asset classes, multiple scenarios such as different interest rates, varying credit spreads and volatile foreign exchange rates can all be assessed and analyzed. Additionally, the platform enables historical scenario testing to evaluate how strategies might fare under past market conditions.
Cytora partnered with Smarty, a cutting-edge provider of property data solutions, to transform property risk evaluation for insurers. The collaboration embeds Smarty’s robust U.S. Property Data, with over 350 attributes, including geospatial accuracy, building footprint details and address verification, into Cytora’s platform. Underwriters using Cytora can access precise property insights and streamline their risk evaluation processes. These capabilities will enable underwriters to assess risks more quickly and effectively, identify potential exposures and mitigate them proactively.
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