Pie Insurance | November 10, 2020
Pie Insurance, an insurtech having expertise in laborers' comp insurance for private ventures, today dispatched its API for accomplices.
Utilizing Pie's API, accomplices who serve private companies can undoubtedly get a statement without leaving their foundation or site, further smoothing out the way toward helping their customers set aside to 30% on laborers' comp insurance. Accomplices can without much of a stretch alter their incorporation, interfacing with an assortment of endpoints including getting to Pie's craving checker, getting a value sign, or recovering a bindable statement to impart to customers.
"Being able to access Pie's application without leaving their own systems means partners are able to provide their small business clients with simple and affordable coverage more efficiently than ever before," said Dax Craig, co-founder and president of Pie Insurance. "We believe opening up our API is an essential step to ensure Pie delivers an automated and easy-to-use workers' comp insurance experience."
The present news follows a few advancements dispatched for accomplices in the previous a half year, including Pie's accomplice entryway, which makes it simpler for accomplice operators to present their customers for inclusion and track their status progressively. In September, Pie uncovered computerized tie demands, permitting accomplice specialists to submit solicitations to tie on qualified entries inside the accomplice entryway. The organization additionally declared it developed its accomplice channel to in excess of 1,000 retail and discount offices, speaking to an almost 200% expansion since the start of 2020.
Pie's straightforward documentation and basic joining measure empower accomplices to rapidly interface their foundation or site to the API.
About Pie Insurance
Pie Insurance is modernizing small business insurance by automating the entire coverage experience. Pie's use of advanced analytics enables savings of up to 30% for small business owners on AM Best A- (Excellent) rated workers' comp insurance directly through its website or through partner agents. Since its founding in 2017, Pie has received $188M in funding, grown its gross written premium to over $100M, and partnered with over 1,000 agencies nationwide. Headquartered in Denver, CO and Washington, DC, Pie has been recognized by Intelligent Insurer as an Insurtech Hot 100 and as a top workplace by The Denver Post, The Denver Business Journal, and Built in Colorado.
Business Wire | October 01, 2020
Fortegra Financial Corporation, a leading specialty insurer and subsidiary of Tiptree Inc. Announced today the formation of a new excess and surplus lines subsidiary, Fortegra Specialty Insurance Company. Now that it has received approval in its domicile state of Arizona, Fortegra’s new E&S subsidiary is working to obtain the remaining regulatory approvals necessary to conduct business throughout the United States. Fortegra anticipates that underwriting within the E&S company will commence in the fourth quarter of 2020. Richard Kahlbaugh, CEO of Fortegra, commented, We have seen rates harden in the market. The catalysts for the hardening are diverse and as such we expect the trend to continue for the foreseeable future. Adding an excess and surplus lines company to our portfolio was a natural response, allowing us to broaden our product reach and scope within the U.S.
LexisNexis Risk Solutions | June 19, 2020
LexisNexis® Risk Solutions, has announced the availability of LexisNexis® Vehicle Build, a solution that provides U.S. insurance carriers more accurate underwriting and auto insurance risk assessment and comprehensive information about the specific Advanced Driver Assistance Systems (ADAS) features equipped on a vehicle.
Automakers continually develop new ADAS features – sometimes releasing multiple within the same model year – and promote their efficacy in reducing accidents, but these features are often offered as an optional purchase to the car buyers. In addition, each automaker creates its own unique marketing name for its features for the sake of differentiation. This variability in naming similar features, in combination with the difficulty in determining whether those features are actually equipped on a given vehicle, creates a challenge for insurers seeking to properly price the vehicles they underwrite. To address this challenge, LexisNexis Vehicle Build aggregates and normalizes even more specific manufacturing data than what is currently available at the 17-digit VIN number. The solution harnesses the proprietary LexisNexis ADAS Classification System, leverages the company's expertise in machine learning and advanced analytics, and seamlessly integrates the data into existing workflows, including LexisNexis® Auto Data Prefill.