PriyaPatel
Summary
- Zurich and Aon have launched a clean energy insurance facility for blue and green hydrogen projects globally. This initiative aims to accelerate the development of clean hydrogen projects to facilitate the net-zero transition.
- Mercury Insurance has expanded its services to offer DIY inspection via an app that utilizes artificial intelligence. This allows policyholders to capture and verify property characteristics easily.
Zurich and Aon have teamed up to offer coverage for blue and green hydrogen projects around the world in order to accelerate the development of clean hydrogen projects. The CEO of commercial insurance at Zurich, Sierra Signorelli, emphasized the importance of insurance as a key enabler to facilitate the net-zero transition and expressed belief in the potential of clean hydrogen as an eco-friendly alternative to fossil fuels.
Mercury Insurance has introduced a DIY inspection service using an app powered by artificial intelligence. This service is available to policyholders in several states and aims to simplify the process of capturing and verifying property characteristics through photos and videos.
Additionally, Cytora has partnered with e2Value to provide a platform for underwriters in commercial, agricultural, and residential property insurance. This partnership offers access to valuable U.S. property data to help carriers estimate reconstruction costs and property valuation.
Furthermore, ZestyAI and Country Financial have joined forces to provide more accurate risk assessments through the integration of ZestyAI’s solutions and analytics into Country Financial’s underwriting processes. This partnership aims to streamline the insurance purchasing experience for clients and representatives.
Moreover, Sapiens International Corporation has launched an AI-driven, cloud-native platform that supports end-to-end insurance processes across various lines of business. The platform leverages data intelligence, machine learning capabilities, and genAI to deliver enhanced value to customers.
Lastly, Tint has introduced an embedded insurance platform solution for Turo, a peer-to-peer car sharing marketplace, allowing hosts to insure their cars when not in use. Builders & Tradesmen’s Insurance Services adopted Gradient AI’s underwriting solution to predict risk and improve pricing accuracy of workers’ compensation policies.
