University Park, IL – Insuresoft, a digital insurance platform provider for property and casualty insurers, and HazardHub, the nation’s first third-generation supplier of geospatial risk data, today announced that they are in production with two different carrier clients. HazardHub provides new and innovative slices of hazard-related data that can be leveraged by insurance carriers for underwriting and rating. HazardHub’s data is integrated with the Diamond Digital Insurance Platform and delivered through APIs. The carriers’ selected to integrate with HazardHub to gain the benefits of an aggregated data source, including Melissa Data and Spatial Key, that provides a very comprehensive data set to their customers.
“HazardHub’s growing depth and breadth of data, combined with their robust API’s, make them a smart choice for our carriers to integrate with the Diamond Platform, and the growing Kaboodle partner ecosystem,” said Terry Brown, President of Insuresoft. “We are committed to providing Insuresoft’s clients with new and emerging sources of data through our platform and partner ecosystem.”
“HazardHub is proud to have gone live with two of Insuresoft’s clients,” stated John Siegman, HazardHub Founder and CCA. “Our hazard data components will allow these carriers to make more informed rating and underwriting decisions, providing for significantly better loss ratios.”
HazardHub’s existing services can be made available to current and future Insuresoft clients through a single contract, which bundles a variety of pre-integrated products and services from the entire community of partners.
About Insuresoft
Insuresoft is an independent software vendor with offices in University Park, IL and Tuscaloosa, AL. Insuresoft’s flagship product, Diamond, is a digital insurance platform comprised of policy, billing, claims and analytics modules that are utilized by property and casualty insurers. The platform processes all personal and commercial lines of business across all 50 states. Insuresoft’s clients span the continuum from start-up MGA to some of the largest carriers and brokers in the United States. Insuresoft is also a founding member of the Kaboodle Collaborative; a growing ecosystem of partners, each pre-integrated with the Diamond platform. For more information, visit www.insuresoft.com, email sales@insuresoft.com, or call 866-299-1314.
About HazardHub
Air. Fire. Water. Earth. HazardHub is the only third-generation provider of property-level hazard risk databases spanning the most dangerous perils in the continental United States. HazardHub translates huge amounts of geospatial digital data into easy to understand answers, providing easy to comprehend risk scorecards that are used to make real world decisions. Our team of scientists provides comprehensive, and innovative, national and regional coverage for risks that destroy and damage property. For more information please contact HazardHub at support@hazardhub.com.
