who's using what 3
Floodbase and Liberty Mutual have launched an instant quoting application for parametric flood (re)insurance in the U.S. This solution allows wholesale and retail brokers to price parametric flood covers in minutes, removing friction and introducing the speed required to serve the high-volume small to midsized commercial market more effectively. Designed specifically for the U.S. market, Liberty's pricing engine, powered by Floodbase's new API, revolutionizes a traditionally time-consuming and demanding quoting process to deliver the speed and consistency that distributors need.
Sixfold has partnered with INFORCE, a leading systems integration firm specializing in digital transformation for the insurance industry. INFORCE has integrated Sixfold's AI solution into its suite of services to help insurers drive greater automation, efficiency and decision accuracy across underwriting workflows.
Southern Oak Insurance Company and Lilypad-Centauri Insurance selected ZestyAI to bring greater structure-level intelligence to risk selection and portfolio oversight. By applying computer vision and machine learning to aerial imagery, building permits and verified property data, ZestyAI enables carriers to see risk at the individual property level, particularly in volatile, catastrophe-prone states like Florida.
New Zealand's Medical Assurance Society has chosen Duck Creek Technologies as their new core insurance delivery technology provider for their general insurance business. The move to Duck Creek's SaaS platform comes as part of MAS' business-wide, technology- and digital-led strategic initiative to enhance member experiences, provide more enhanced products and services to meet changing member needs and increase operational efficiency.
Cytora has partnered with The Warren Group, a leading provider of real estate and financial data. This collaboration integrates The Warren Group's comprehensive property intelligence directly into the Cytora platform, allowing commercial insurers to automatically enrich submissions with detailed ownership, transaction and mortgage history at the point of underwriting. This partnership empowers underwriters to validate property details, assess financial encumbrances and identify potential risks such as pre-foreclosures with greater speed and accuracy.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.