CCC, Zendrive, Coterie, Carpe Date: Insurance partnerships
December 23, 2022 6:46 AM
CCC has added data from Zendrive to its CCC Cloud network. Zendrive provides smartphone-collected crash information, which CCC customers can use to help estimate damage severity and needed repairs after accidents. "By understanding the facts of an accident in the moments following the event, insurers can make more timely, informed decisions that impact policyholder satisfaction and claims costs," says Marc Fredman, Chief Strategy Officer, CCC, in a statement. "Zendrive is a proven provider of smartphone-centric crash detection services and we're excited to help insurers connect to this type of data through our platform, supporting their claims objectives and efforts to achieve straight-through processing."
Precisely and OneShield have partnered to give customers of the latter's access to the former's RapidCX platform for customer communications. "The partnership with Precisely underscores our shared commitment to support insurers in their mission to offer unparalleled levels of customer experience to policyholders and agents alike," said Kim Cook, VP Alliances at OneShield, in a statement.
Coterie, an insurtech commercial insurer, has selected the Minerva platform from Carpe Data so it can integrate business classification data into underwriting. "We are leveraging Carpe Data's breadth of detailed business classification data and sub-second response time to add a crucial layer of granularity to our underwriting system, making it faster, simpler and more reliable when analyzing classification, business operations, and general business performance," said David McFarland, co-founder and CEO of Coterie, in a statement. "While we have rules in place for our underwriting engine to recommend classification, Carpe Data starts with filling in classification gaps, and then takes risk identification to the next level with valuable fields that typically an underwriter has to find through Google searches."
Pepper, a company that provides an IoT management platform, has acquired Notion, which creates IoT devices. Notion's previous owner, Comcast, has made an investment in the combined company, which will target insurance companies with its integrated offering. "Combining Notion's leading smart property monitoring sensor system with Pepper's full-featured platform and service offerings will provide insurance carriers a customized suite of connected solutions through a seamless white-label approach," said Scott Ford, CEO of Pepper, in a statement.