Data-driven business decisions have increasingly become the norm across market verticals and small to large-scale businesses. In insurance specifically, according to a survey conducted by CoreLogic, 90% of surveyed executives in the property and casualty industry agree that data-driven decision-making is an important strategic factor in operating successfully.
But not all information is...
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What began as an assignment to the research and development team at American Family Insurance Co. now stands alone as an independent company and today announced its first major customer.
Arturo, a Chicago-based insurtech startup launched by American Family three years ago, said in a press release that it has penned a deal with Hippo Insurance to provide “real-time” analytics on property...
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Hippo Insurance hopes to boost its digital underwriting and customer service processes through a new partnership with Arturo, a deep-learning property analytics company spun out from American Family Insurance.
Hippo is a California-based InsurTech that started selling homeowners insurance policies online in 2017, asserting that customers can get a quote and purchase coverage in 60 seconds or...
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AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the acquisition of Atlantic Risk Specialists (ARS), a full-service wholesaler and managing general agent comprised of two entities: Atlantic Risk Specialists, Inc. and ARS-Latiff, LLC. ARS, which has offices in New Jersey, New York, and Florida, will become part of AmWINS’ Brokerage division and...
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Arturo, an artificial intelligence (AI) and deep-learning property analytics start-up, announced today the close of Seed Series Transaction, with lead investor and Arturo co-developer American Family Insurance.
Following the close of the transaction, Madison-based American Family Insurance will remain a customer as well as an investor in Arturo.
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