Duck Creek Technologies will offer Roost’s telematics technology to its claims management software users. International Marine Underwriters beefed up its ocean cargo policy with new coverages and a redesigned form. At-Bay launched an excess cyber insurance policy for a group of its clients.
Duck Creek Technologies, a software developer focused on property/casualty insurers, will partner with home telematics developer Roost on some new joint products.
As part of their new arrangement, Roost technology will become part of Duck Creek’s “Partner Ecosystem” program.
Essentially, Roost’s Smart Leak sensor will now be able to automatically send a message and create an incident within Duck Creek Claims (the company’s claims management software) upon detection of a leak.
International Marine Underwriters, a member of OneBeacon Insurance Group, beefed up its ocean cargo policy with new coverages and a redesigned form.
The ocean cargo policy and extension includes: extended warehouse-to-warehouse time frame; small package shipments via UPS, etc.; extra expense for forwarding, landing charges and debris removal.
The company has also refreshed its policy form as well so customers can review coverage details simply and quickly.
International Marine Underwriters offers a full range of ocean marine insurance products across the U.S. and Canada.
At-Bay, a cyber insurance managing general underwriter, launched an excess cyber insurance policy for clients with up to $5 billion in annual revenue, with available limits up to $10 million.
At-Bay developed this product to fulfill broker demand for access to the At-Bay Security Team for organizations with insurance towers.
The At-Bay Security Team provides insureds with ongoing vulnerability scanning, threat monitoring and 24/7 support to help prevent loss. With the new product launch, At-Bay has made these security services available to excess clients.
At-Bay’s excess product complements its primary cyber insurance product that is available to select broker partners. At-Bay offers both primary and excess limits up to $10 million for clients up to $5 billion in annual revenue across all 50 states and Washington, D.C.
At-Bay is based in Mountain View, Calif., with policies underwritten by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re.
Sources: Duck Creek Technologies/Roost, International Marine Underwriters, At-Bay