Synatic, a data integration and automation provider, announced a new partnership with Ferro, a commercial property/casualty policyholder platform focused on streamlining integration and administration processes for policy-related information.
The partnership leverages data integration and automation to streamline integration and insurance administration processes while simultaneously aiming to reinvent the way brokers, policyholders, and property/casualty insurers collaborate and connect. Under this agreement, Synatic, through its Data Integration Hub, extracts and integrates data from existing systems before consolidating and preparing it for ingestion by Ferro’s property/casualty policyholder platform.
Together, Synatic and Ferro aim to enable brokers and insureds to collaborate around access to and usability of insurance and risk management information, such as schedules, policies, payrolls, claims, and more.
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Sure, an insurance technology provider, announced it has partnered with Esusu, a financial technology company leveraging rent reporting for credit building, to offer renters insurance through the Esusu Renters Marketplace.
Esusu reports on-time rent payments to the three major credit bureaus – Equifax, Transunion, and Experian – to establish and boost credit scores for residents and is now using Sure’s digital insurance infrastructure to provide renters insurance. Through the partnership, Sure is deploying its technology to help empower better financial outcomes for the underserved communities Esusu supports.
The Esusu Renters Marketplace was purpose-built to unlock rental resources with a list of services and programs focused on financial support and well-being. Collaborating with Sure, Esusu can now offer renters a digital experience for renters insurance through Sure.
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Devron, a provider of artificial intelligence and machine learning services for distributed and private data, announced a partnership with Cover Whale Insurance Solutions Inc., a commercial trucking insurance provider and InsurTech.
By using Devron’s federated data science platform, Cover Whale will develop and train AI models to incorporate new and alternative data sources to predict risk, provide coaching to drivers and align premiums.
Cover Whale’s Driver Safety Program leverages data science and AI to evaluate and mitigate risk to improve road safety. Cover Whale has tapped Devron to expedite current data science initiatives and to provide a foundation for future expansion of its efforts through faster access to multiple data sources, formats, and types and to deliver insights.
Sources: Synatic, Sure, Devron