HomeBusiness InsuranceWho's using what in P&C insurance: February 13, 2023

Who’s using what in P&C insurance: February 13, 2023

Insurance technology news from Nexar, Crum & Forster, Verisk and more. (Credit: Sergey Nivens/Shutterstock)

Nexar partnered with Cover Whale Insurance Solutions, Inc., provider of commercial trucking insurance and fast-growing insurtech. Providing Nexar’s AI dual-facing dash cams to its independent and fleet truck drivers, Cover Whale is enhancing its innovative driver safety program to further improve safety and lower insurance premiums.

HOVER and Verisk partnered to provide an end-to-end, automated virtual claims solution. Through this collaboration, insurance professionals can leverage advanced technology and automation to help reduce the number of manual inputs and processes, resulting in improved estimating accuracy and reduced cycle times from the first notice of loss. The solution can also be confidently implemented across adjusting workflows, onsite or virtual, and adopted easily by new adjusters.

Crum & Forster selected Origami Risk’s multi-tenant, software-as-a-service claims solution for claims adjudication, reporting and the delivery of enhanced client services. Origami’s solution brings state-of-the-art automation, intuitive tools and functionality that will help streamline Crum & Forster’s claims process while adding robust capabilities and resources for its adjusters, policyholder clients and network of independent agents, brokers and wholesalers.

LegalZoom.com, Inc. and NEXT Insurance partnered to better help small business owners create and protect their business online. NEXT’s industry-leading, fully embedded insurance solution, NEXT Connect, allows small business owners to quickly and seamlessly get a quote for small business insurance and purchase a plan that works for them, all without ever leaving the LegalZoom platform.

Broker Buddha partnered with Herald, which builds digital infrastructure for commercial insurance. The partnership will enable the nation’s insurance agencies to further simplify their client’s experience while improving the way they do business with their leading carrier partners. By combining Broker Buddha’s client-friendly online Smart Forms with Herald’s unified carrier connectivity application programming interface (API), this partnership delivers an easy-to-use platform for businesses and their agents to quickly get quotes and bind policies for small and middle-market businesses.

Orion180 partnered with Nearmap to utilize its aerial imagery to improve their risk selection and streamline the underwriting process. Matching Orion180′s high level of customer service, their new partner needed to offer ease of doing business and superior support. After a selection process, they chose Nearmap as their new imagery data intelligence provider. The integration between the two partners will be delivered through a customized API.

Verisk partnered with Tractable, an industry-leading, applied AI company. By integrating with Tractable, which uses computer vision technology to visually assess damage to homes, Verisk will be able to significantly help accelerate insurance claims processing and home repairs.

Hyundai Motor America and Verisk partnered to analyze telematics data from consenting owners of Hyundai and Genesis vehicles. Verisk will also continue to be the exclusive provider of that data to auto insurers. With Verisk’s robust insurance analytics and experience as a technology provider, insurers will be able to access the data from the Verisk Data Exchange and price the policies of applicable Hyundai and Genesis owners based on the relative safety of their driving.

Related: Who’s using what in P&C insurance: February 6, 2023

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