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Pinpoint | April 21, 2022
Pinpoint Predictive is pleased to announce a new partnership with Ohio Mutual Insurance Group, through which the two organizations will use applied data and analytics to more accurately predict and evaluate loss risk for the mutual insurer. Industry experts estimate that the average U.S. family pays up to $700 in extra insurance premiums each year to account for the $80 billion in losses experienced due to fraud and premium leakage (underpriced policies due to both intentional and...
B2Z Insurance | May 17, 2021
B2Z Insurance, an online business insurance provider, has announced the introduction of its full suite of insurance plans, which includes business owners policies (BOP), workers' compensation, cyber insurance, professional liability, and hired and non-owned vehicles. The pandemic has increased the need for commercial insurance to be offered online and have the same straightforward experience as personal insurance. B2Z provides a fully digital experience for small businesses, a...
Shift Technology, Elephant Insurance | December 15, 2020
Shift Technology, a provider of AI-native fraud detection and claims mechanization solutions for the global insurance industry, today announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer's claims process. Well known for its customer-centric approach to insurance, Elephant is focused on ensuring consumers approach the best products and services available, at the correct cost, to deliver the protection they need. Recognizing th...
Goldman Sachs Asset Management | July 17, 2020
Global insurers are looking to increase investments in commercial warehouses over office space, according to a Reuters report. Investments in office space have become riskier due to the increase in remote work during the coronavirus pandemic, Goldman Sachs Asset Management (GSAM) said. The COVID-19 outbreak is pushing insurers to exchange “undesirable” real estate investments – including both office space and retail properties – for investments in warehouses, GSAM said....
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