Hub International Limited, a global insurance brokerage and financial services firm, announced its partnership with RESAAS Services Inc., a technology platform for the real estate industry.
The partnership will allow clients of RESAAS agents to access VIU by HUB, a digital brokerage platform for transactional personal insurance created for customers who want a digital-first experience with human interaction and advice.
HUB launched VIU by HUB in June 2022. Under the terms of the agreement, HUB joined RESAAS’s Ancillary Services division that enables RESAAS agents to generate additional, non-transactional recurring revenue by introducing their clients to select, nationwide partnerships endorsed by RESAAS. HUB and RESAAS will share in the commissions generated by sales from this partnership.
Headquartered in Chicago, Ill., Hub International Limited is a full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services.
Headquartered in Vancouver, Canada, RESAAS is a global technology platform for the real estate industry. It enables real-time industry communication, delivers new business opportunities and captures real estate data.
Pathpoint, a digital wholesaler that assists with placing small commercial E&S for insurance agents, announced that it has collaborated with insurance provider Markel.
The collaboration will expand Pathpoint’s ability to help agents and brokers quickly and efficiently quote and bind E&S business with A-rated carriers, according to a company press release.
Markel’s insurance companies focus on small to medium property/casualty risks for both admitted and non-admitted markets. Markel’s first products available on Pathpoint are within the vacant buildings and land vertical and contractors general liability. They are slated for launch in the third quarter of 2022.
Charlee.ai, a provider of cloud-based artificial intelligence services for property/casualty insurers, and ClaimDeck, a provider of a software-as-a-service-based, process-driven litigation management platform, announced a partnership.
Charlee inspects all sources of data within a claim file to predict which claims will require litigation and attorney involvement. It then delivers claim-level insights on the claims predicted to require litigation and prioritizes those claims before sending via API integration to ClaimDeck for mitigation and management of the settlement.
ClaimDeck captures more than 500 categories of data that contribute to the predictive analytics effort and achieve double digit percentage reduction in legal and indemnity spend and average case life. This end-to-end process aims to help reduce claims cycle time, produce better settlement insights, and reduce overall claims expenses.
Sources: Hub International Limited, Pathpoint, Charlee.ai