NFP, NetDiligence, CyberCube | February 12, 2021
NFP, a main insurance broker and advisor that gives property and casualty (P&C), corporate benefits, retirement, and individual solutions, is joining forces with NetDiligence and CyberCube to offer new analytical tools and resources to help clients as they face an assortment of cybersecurity challenges.
NetDiligence gives cyber risk management software zeroed in on cyber risk status and responsive administrations. The platform offers tools for clients to evaluate cyber risk and data breach reaction arranging. Moreover, NetDiligence discharges a cyber claims concentrate every year to feature drifts in cyber security across different business sizes and ventures.
CyberCube offers cyber examination that educate risk choices. Data accumulated by the platform is curated into data sets that recognize risks and venture the effect of a cyber occasion. The platform predicts patterns that manage insurance placement decisions and makes reports to measure the expected loss of an uncovered vulnerability.
“Our focus is on helping companies enhance their cyber preparedness and mitigate the disruption of a cyber attack,” said Elissa Doroff, managing director and cyber technical leader at NFP. “Utilizing tools like NetDiligence ensures we provide a wide variety of solutions as our clients navigate cyber threats. Cyber related incidents are on the rise, making it critical that we identify the latest tools and resources, collaborate with partners to evolve and adapt innovative coverage solutions, and continually advance our clients' preparation."
“CyberCube provides our clients with actionable, data-driven insights that support a proactive approach to cybersecurity,” said Akhil Chopra, managing director and head of NFP’s cyber liability practice. “It’s imperative that we continue to expand our solutions to help our clients navigate a dynamic environment of cyber threats.”
NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).
NetDiligence® specializes in Cyber Risk Readiness & Response services. With 20 years of experience in cyber, NetDiligence is an award-winning provider of innovative cyber risk management software and services to the insurance industry, including QuietAudit® Cyber Risk Assessments, the eRiskHub® cyber risk management portal, and Breach Plan Connect®, a securely hosted solution designed to help senior managers plan and execute their organization’s response to a cyber incident, and which also includes a free mobile app for convenient access and alternative means of communication if company systems are compromised. NetDiligence publishes an annual Cyber Claims Study and traditionally hosts annual Cyber Risk Conferences in Philadelphia, Santa Monica, Toronto, London, and Bermuda. NetDiligence also offers a variety of virtual programs that are free of charge to attendees and qualify for CE/CLE credits.
CyberCube delivers the world’s leading cyber risk analytics for the insurance industry. With best-in-class data access and advanced multi-disciplinary analytics, the company’s cloud-based platform helps insurance organizations make better decisions when placing insurance, underwriting cyber risk and managing cyber risk aggregation. CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modelling on thousands of points of technology failure. The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry, with access to an unparalleled ecosystem of data partners and backing from ForgePoint Capital, HSCM Bermuda, MTech Capital and individuals from Stone Point Capital.
Split Limit Studios, Guidewire Software | March 22, 2021
Split Limit Studios, LLC, a main provider of pay-as-you-go workers' compensation billing solutions, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to draw in, improve, and develop efficiently, today announced that Split Limit Studios (SLS) has joined Guidewire PartnerConnect as a Solution partner.
SLS conveys its TRUPAY® platform, a comprehensive pay-as-you-go workers' compensation billing solution, to insurers, empowering them to offer pay-as-you-go policies with accurate and automatic premium calculation utilizing payroll information directly from payroll companies. SLS's Ready for Guidewire PolicyCenter joining will empower Guidewire clients to coordinate to TRUPAY.
“Pay-as-you-go billing for workers’ compensation is now mainstream and policyholders expect insurers to offer this billing option,” said George Kostakos, chief executive officer, Split Limit Studios. “Building a solution to support pay-as-you-go billing can be time consuming and expensive, so we offer our solution to save insurers this work while satisfying policyholder expectations. We are thrilled to partner with Guidewire and soon offer our comprehensive billing solution integrated within Guidewire to our shared customers, making it even more simple to offer pay-as-you-go billing for worker’s compensation.”
“We are excited to welcome Split Limit Studios as our latest Guidewire PartnerConnect Solution partner,” said Becky Mattick, vice president, Global Solution Alliances, Guidewire Software. “SLS’s solution minimizes audit surprises, as well as bad debts at the end of the policy term by drawing directly from payroll data to accurately match premium with risk. This creates a ‘win-win’ situation for insurers and their insureds. We are pleased to soon offer this technology integrated with Guidewire and extend these benefits to our joint customers.”
About Split Limit Studios, LLC
Split Limit Studios differentiates its SaaS technology from the competition with insurance expertise, excellent customer service, a focus on security, and a commitment to deliver on its promises. They have over twenty customers, including eight Tier 1 carriers and four workers compensation state insurance funds, and receive data from hundreds of payroll companies.
TRUPAY®, Split Limit Studios signature solution, improves the cash flow of policyholders, provides agents with a flexible payment plan to offer their clients, increases payroll companies’ customer retention and reduces operating costs for carriers. Split Limit Studios continues its push to expand connectivity with payroll companies to make it easy to submit payroll data to all the workers compensation carriers who rely on TRUPAY® for their pay‐as‐you‐go programs.
About Guidewire PartnerConnect ecosystem and Ready for Guidewire
Guidewire PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on the Guidewire Marketplace.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
Click-Ins, Sapiens | January 12, 2021
Sapiens International Corporation, a main worldwide provider of software solutions for the insurance industry, and Click-Ins, a rapidly developing cutting edge AI SaaS vehicle damage inspection and assessment platform, today announced a partnership that will provide carriers with a comprehensive answer for accelerate claims management.
Click-Ins joins Sapiens' robust partner ecosystem, which empowers carriers to consistently and effectively implement third party solutions, providing them a significant competitive advantage. Sapiens' API-based platform and open architecture guarantees that providers can undoubtedly choose the structure blocks they need to incorporate all components inside their ecosystem, offering full digital enablement.
Click-Ins solutions support start to finish processing, automation and claims management and settlement. Through a consistent reconciliation with Sapiens' CoreSuite for P&C, carriers, everything being equal, can outfit the advantages of AI to enable agility, speed and genuinely digital, yet simplified, claims experiences.
"AI and deep learning are transforming insurance underwriting as we know it," said Roni Al-Dor, President and CEO at Sapiens. "Click-Ins has the expertise and capabilities needed to drive this transformation, making them ideal partners in our quest to provide comprehensive, customer-centric solutions."
Click-Ins computerizes vehicle inspections for a smart, digital experience, empowering carriers to detect, dissect and process vehicle damage, with the click of any digital camera. Click-Ins attempts to increase automation, reduce human blunders, misrepresentation and danger, and increase customer satisfaction.
In view of AI, deep learning, 3D demonstrating, applied mathematics and computer vision, Click-Ins empowers accurate recognition and investigation of outside damages to a wide range of vehicles. The arrangement captures and processes digital pictures of damaged vehicles and transforms them into damage reports and damage repair gauges.
"We are pleased to partner with Sapiens. The need to automate car damage detection and accelerate claim processes is vital in today's industry climate," said Eugene Greenberg, Co-Founder and CEO at Click-Ins. "The integrated solution will enable insurance companies to better serve their customers."
Sapiens CoreSuite for Property and Casualty is a profoundly coordinated, adaptable, digital contribution that combines top tier policy, charging and claims solutions into a consistent start to finish framework, giving carriers the competitive edge. Sapiens' market-driving, purpose-assembled platform is available as a full arrangement suite or as independent best of breed contributions.
Sapiens International Corporation empowers insurers to succeed in an evolving industry. The company offers digital software platforms, solutions and services for the property & casualty, life, pension & annuity, reinsurance, financial & compliance, workers' compensation and financial markets. With more than 35 years of experience delivering to over 600 organizations globally, Sapiens has a proven ability to satisfy customers' core, data and digital requirements.
Founded with the aim of simplifying vehicle inspection, Click-Ins introduces AI-driven automated technology that completely redefines its category. Helping insurance and car companies transition from manual procedures to fast and efficient fact-based processes, Click-Ins provides a user experience that is both simpler and more reliable, for all parties involved.
To achieve the highest level of transparency and certainty, Click-Ins has developed a hybrid approach to AI. Using proprietary simulated data to pretrain AI modules, and leveraging multidisciplinary technologies, Click-Ins SaaS cloud solution accurately and consistently recognizes any damage, with no training period.