If you're looking for a scalable, cloud-first policy administration platform that helps ensure regulatory compliance and profitable growth for property and casualty insurance carriers, Insurity is worth a serious look. Insurity's integrated platform for policy, billing and claims management is augmented with AI-powered insights. Its cloud-native architecture is designed to be scalable, secure and easy to integrate, and it's a good fit for managing general agents, self-insured companies and risk pools. Insurity has a history of successful implementations and is investing in innovation so carriers can respond to new risks.
Another contender is CCC Intelligent Solutions, a cloud-based platform for the Property and Casualty (P&C) insurance industry. The platform combines data, advanced AI and ecosystems to deliver personalized, efficient and seamless interactions. Highlights include Intelligent Experiences for hyper-personalized customer interactions, workflow optimization and artificial intelligence for faster, more informed decision making. CCC Intelligent Solutions has a strong track record of improving claims and repair processes, and more than 35,000 companies use its services. It's processed more than $1 trillion in historical data.
If you want to predict risk better and try to do something about it, Quanata is a next-gen AI-assisted modeling platform. The company's real-time telematics and risk-based acquisition innovations deliver contextual risk modeling and scoring for underwriting and marketing. Quanata also offers risk mitigation through digital experiences and telematics-driven rewards programs, which makes it a good fit for claims modernization and digital process improvements.
Last, IBM Cloud is a broad enterprise cloud platform that's well adapted to heavily regulated industries. IBM Cloud offers security, compliance and high performance, and it's a good option for scaling AI workloads while managing all data sources. With offerings like IBM Cloud for Regulated Industries and IBM WatsonX.Governance, IBM Cloud is a good foundation for building, scaling and governing AI across the enterprise. It can lower costs and improve data management, too, so it's a good addition to any insurance carrier's toolkit.