Shift Technology | July 22, 2021
Shift Technology, a provider of decision automation and optimization solutions for the global insurance industry, announced today the launch of Shift Claims Automation on Salesforce AppExchange, giving insurers and agents more options for settling simple claims without the involvement of claims handlers or loss adjusters. Giving insurance firms' customer service representatives the tools, information, and expertise they need to assist resolve claims more quickly and correctly is one of the most effective methods to address the industry's customer experience issues.
Shift Claims Automation is a virtual claims handler that assists customer service professionals or agents in immediately resolving claims rather than going through the conventional claims procedure. All of the information needed to take a claim forward is automatically validated by the solution. An AI decision engine assesses the policy's coverage, responsibility, the authenticity and suitability of documentation, and the possibility of a fraudulent or suspicious claim. Allowing colleagues to settle claims with clients directly can decrease the time it takes to remit money, resulting in more positive customer experiences. Because the solution is available on AppExchange, it will work with current Salesforce deployments.
About Salesforce AppExchange
Salesforce AppExchange, the world's largest corporate cloud marketplace, gives companies, developers, and entrepreneurs new ways to build, sell, and grow. AppExchange links clients of all sizes and across industries to ready-to-install or customizable applications and Salesforce-certified consultants to address any business problem, with over 6,000 listings, 9 million user installations, and 117000 peer reviews.
About Shift Technology
Only AI-native decision automation and optimization solutions developed especially for the global insurance sector are available from Shift Technology. The Shift Insurance Suite helps insurers achieve faster, more accurate claims and policy resolutions by addressing many key procedures across the insurance policy lifecycle. Shift was awarded Frost & Sullivan's 2020 Global Claims Solutions for Insurance Market Leadership Award after evaluating billions of insurance transactions.
Distinguished Program Holdings LLC | February 15, 2022
Distinguished Programs ("Distinguished"), a national insurance program manager, today officially announces the relaunch of its Express Umbrella program which includes the Express Real Estate Umbrella and Express Community Associations Umbrella products. The program offers limits up to $5M and caters to community associations, homeowner associations, condominium associations and small commercial buildings.
"The Express Umbrella program is perfect for real estate clients who are looking for additional coverage, but don't necessarily need high limits, The limits are up to $5M and brokers can submit business anytime through the Distinguished Online Portal. The streamlined process allows more flexibility for brokers to submit on their own time without office hour restrictions."
- Chris Larson, Product Manager for the Express Umbrella program.
Initially, the coverage will be non-admitted as the program is built out and the necessary state filings are obtained. Key coverages in the program will include Director & Officers ("D&O") Follow Form, Pay On Behalf, Defense Outside Limits, and Zero Retention.
"The Express Umbrella is a pillar for our Community Associations program, This product is designed to address the excess liability coverage demands for community associations. With our other product offerings including package, crime, and D&O, brokers can submit business for all their community association clients' insurance needs in one place."
- Barbara Bartson, Managing Vice President of Community Associations program at Distinguished.
Brokers can submit business for the Express Community Association Umbrella and the Express Real Estate Umbrella by visiting the Distinguished website.
About Distinguished Programs
Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Hotels, and Restaurants. Property and liability products are distributed through a national network of agents and brokers. Serving the same core markets and partnering with the most stable and reputable carriers, Distinguished Programs' high-limit umbrella programs remain the clear choice in its areas of specialty for superior coverage, competitive pricing, and attentive service.
Sapiens, Atidot | April 22, 2021
Sapiens International Corporation, a main worldwide supplier of programming answers for the protection business, reported today a concurrence with Atidot, a cloud-based SaaS supplier of AI and AI answers forever and annuity backup plans. The association works with new ways for North American and European safety net providers to produce income through examination and noteworthy bits of knowledge.
The joint arrangement enables life and annuity safety net providers to boost the worth they acquire from their books of business. The arrangement produces significant experiences empowering better assistance for policyholders and new income age as it is coordinated with Sapiens CoreSuite for Life Insurance, Sapiens IllustrationPro, just as Sapiens' examination and advanced contribution.
"Sapiens continually means to mine innovations and give best in class answers for its client base and adds esteem through a broad environment of insurtech new companies. Coordinating Atidot's AI and prescient investigation stage with our center set-up of items empowers life backup plans to improve productivity and offer better assistance to their clients," said Roni Al-Dor, Sapiens president and CEO.
Established by a group of information researchers and veteran statisticians, Atidot offers a cloud-based stage that gives information-driven bits of knowledge to advise dynamic, drive new business methodologies, and make new income streams utilizing AI, AI prescient examination innovation. Atidot works with driving Tier 1 disaster protection organizations in North America and Europe and was chosen in 2020 by Gartner as "Cool Vendor 2019 in Insurance."
"We are eager to collaborate with Sapiens to empower clients to push ahead to the information time. Atidot carries problematic development to the life coverage industry, giving a stage that will help improve productivity and personalization of arrangements and adopt a proactive strategy to chance decrease," said Dror Katzav, Atidot Co-Founder and CEO.
Together, Sapiens and Atidot offer a one-of-a-kind programming arrangement that is dynamic, constant, and prepared with industry information. The joint stage use outside information and AI abilities to give business experiences a long way past those that conventional investigation techniques utilizing static demonstrating can show. The arrangement applies to associations' advertising, dispersion, item, and information offices.
Sapiens CoreSuite Life Insurance works with computerized change and quick an ideal opportunity to-an incentive for advanced systems. It empowers life transporters to become drawn in, coordinated associations with expanded deals openings. By incorporating CoreSuite with Sapiens progressed examination arrangement and information stockroom, guarantors can rapidly create significant experiences, self-administration business insight, and information revelation capacities, across every cell phone, remembering for the cloud.
Atidot is a pioneer in the prescient examination, computerized reasoning, and AI answers for the life coverage and annuity industry. Atidot's cloud-based stage gives safety net providers information-driven, significant bits of knowledge that set out new income-producing open doors to expand deals and client maintenance. Atidot arrangements likewise give a profound comprehension of backup plans' item situating and serious scene, empowering transporters to change their item technique and respond rapidly to changing economic situations and rivalry. Atidot works with Tier 1 industry pioneers in North America and Europe and was chosen by Gartner to be "Cool Vendor 2019 in Insurance." The organization has workplaces in California, London, Spain, and Israel.
Sapiens International Corporation engages backup plans to prevail in a developing industry. The organization offers computerized programming stages, arrangements, and administrations for the property and loss, life, benefits and annuity, reinsurance, monetary and consistency, laborers' pay, and monetary business sectors. With over 35 years of involvement conveying to more than 600 associations around the world, Sapiens has a demonstrated capacity to fulfill clients' center, information, and advanced prerequisites.