Home Insurance Who's using what in P&C insurance: Aug. 20, 2018

Who's using what in P&C insurance: Aug. 20, 2018

6 min read

“An unwavering focus on clients and our people has always been the cornerstone of PSA,” PSA CEO Trevor (Chip) Lewis, Jr., said in a recent press release. “The RiskMatch platform gives our teams the ability to utilize peer to peer analysis to better service clients and expand our current relationships.”

The large independent insurance broker PSA Insurance & Financial Services recently selected RiskMatch, a subsidiary of Vertafore, for Property & Casualty data and analytics. The broker plans to leverage the patented digital technology to enhance client service, facilitate collaboration among its employees and drive transactional efficiency.

Slice Labs Inc., the provider of cloud-based on-demand insurance, has announced work with XL Catlin to create an on-demand cyber insurance solution for U.S. small and medium-sized business (SMBs). “SMBs must contend with the same cyber issues as large corporates,” John Coletti, XL Catlin’s Chief Underwriting Officer of Cyber & Technology in North America, said in a press release. “Unfortunately, they often do not have dedicated IT teams and the same information security resources that larger companies have. We’ve partnered with Slice to transform cyber insurance – making it easy to buy and simple to understand for them – with the ultimate goal of protecting SMBs from the potentially devastating impact of a cyber-attack.”

Travelers Insurance has selected Notion, the smart home sensor, to offer home monitoring systems to Travelers customers in California. Travelers is working with Notion to provide data-driven insights to customers through Notion’s home monitoring system in order to prevent and mitigate threats such as water leaks, fire damage, and thefts.

California-based Fresno First Bank has selected Computer Services, Inc. (CSI), a provider of end-to-end financial technology solutions, as its new core provider, adding to their use of CSI’s managed services. With its conversion to CSI’s NuPoint® core processing solution, Fresno First aims to offer a more consistent banking experience for its customers across California, regardless of their distance from the bank’s home branch. The bank plans to leverage a wide range of CSI’s fintech services, including remote deposit capture, payments and CSI CRM. Additionally, Fresno First Bank executives specifically pointed to CSI’s collaborative, high-touch approach to working with their customers as a key selling point in their decision, while also citing NuPoint’s innovative technology and flexibility as key benefits for the bank and its customers.

CIC Services, LLC, a risk management consulting firm that specializes in captive management, has chosen CHSI’s Connections® core enterprise insurance management software to facilitate efficiencies in its operations and position the firm for growth. The software is a product of CHSI Technologies, Inc. The implementation will leverage Connections flexible core enterprise modules for CIC Services’ 100-plus captives and affiliates currently under management.

See also:

Who’s using what in P&C insurance: Aug. 13, 2018

Who’s using what in P&C insurance: Aug. 6, 2018

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