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.
Milliman | December 03, 2021
Milliman, Inc., a premier global consulting and actuarial firm, today announced the acquisition of Ruark Consulting, the platform and industry benchmark for principles-based insurance data analytics and risk management. Ruark publishes experience studies that are the leading benchmark for life insurers, with data contributed each year from companies comprising over $1.1 trillion of current annuity account values. These studies address complex and interrelated behaviors such as surrenders, partial withdrawals, annuitizations, and mortality.
"This is an exciting acquisition for Milliman and for our life insurance clients, Ruark has a reputation as the authority on annuity experience studies. With this addition, Milliman will be able to deliver these data-driven benchmarks to our insurance clients in tandem with our consulting and complementary analytic offerings."
- Stephen Conwill, Milliman's global practice director for life and financial services.
"Milliman's data-driven culture and deep life insurance prowess pairs perfectly with our expertise, By combining our consulting and experience studies with Milliman's industry reach and depth, we give clients a unique offering that allows sharper, data-driven decision making."
- Timothy Paris, Ruark Chief Executive Officer who will join Milliman as part of the transaction.
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.
Unqork, SE2 | December 22, 2020
Unqork, the leading enterprise no-code platform, today announced an expansion of its strategic partnership with SE2, a life and annuities insurance technology and services firm, to use the Unqork platform as a feature of its pre-incorporated, end-to-end life and annuity digital ecosystem. This partnership will empower SE2 to offer life and annuity insurance carriers a suite of solutions to streamline and modernize across the whole strategy lifecycle.
"SE2's partnership with Unqork provides insurers with a pre-built and fully integrated ecosystem, now with the added benefit of Unqork's no-code platform, to drive efficiencies and cost savings for insurers," said Mark Schultis, CEO, SE2. "I'm excited to partner with Unqork and jointly accelerate the digitization efforts of the insurance and retirement solutions industry."
SE2 has utilized Unqork's absolutely visual, intuitive no-code platform alongside the SE2 Aurum® digital platform to additional improve its insurance ecosystem for supporting the whole arrangement lifecycle, from beginning, new business, however strategy administration, servicing, claims, and payout. Together, SE2 and Unqork have made industry-specific digital capabilities needed for the end-to-end transformation of life and annuity insurance carriers. These capabilities support all distribution channels, including direct-to-consumer for both digital self-service and back office processing.
"Our partnership is driving the much-needed replacement of legacy systems and accelerating the trend towards automation and digitization in the life insurance and retirement solutions industry. Unqork's no-code platform is uniquely positioned to address this need in the market," said Rabih Ramadi, Head of Financial Services, Unqork. "Joining forces with an industry expert like SE2 provides an opportunity to showcase the real power of our platform and to build fully digital experiences for insurance carriers and the clients they serve."
Unqork is the industry pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Organizations like Goldman Sachs, Liberty Mutual, the Cities of New York and Washington, DC and Maimonides Medical Center are using Unqork's drag-and-drop interface to build enterprise applications faster, with higher quality, and lower costs than conventional approaches.
SE2, an Eldridge business, is a life and annuities insurance technology and services firm. SE2 has a proven track record of enabling technology driven transformations. SE2 uniquely combines industry knowledge stemming from its 125+ years of life insurance heritage along with its end-to-end SE2 Aurum® technology platform to enable the rapid launch of new and innovative products through both traditional as well as digital channels. SE2 currently administers nearly 2 million active policies on behalf of its 25+ clients. SE2 has over $100 billion in assets under administration and handles more than 200,000 new business applications annually.