Kinetic Insurance selected Novidea to accelerate digital transformation and scaled operations with its cloud-native insurance management platform. Kinetic is a workers’ compensation managing general underwriter that uses wearable technology, data and AI to reduce workplace injuries. Enabled by the Novidea platform, Kinetic achieved a 24% increase in submission volume between 2023 and 2024, and a year-over-year increase of 75% in its overall book of business.
California Department of Insurance has completed its review of Verisk's Wildfire Model for the United States for use by insurers in assessing wildfire risk and property insurance rate making. This is the first time a catastrophe model has successfully completed the evaluation under the state’s new regulatory framework, ushering in a new era of data-driven risk assessment in California.
McCuddy’s Marine Insurance has selected Applied Epic as its foundational agency management system to standardize their business operations to drive efficiencies of scale. The newly founded agency will leverage Applied Epic’s automated workflows to make day-to-day policy management tasks consistent and faster, allowing all staff a consistent experience from day one and an easy system to onboard and train as they grow their operations in the future.
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