AdvantageGo, a leading commercial re/insurance software provider, and InsurTech provider Zywave, have announced a new strategic alliance.
The expanded relationship between the two firms will heavily centre on the integration of Zywave’s rating and distribution product, ClarionDoor, and AdvantageGo´s Underwriting workbench to help improve underwriter decision-making.
Zywave joins AdvantageGo’s Escosystem, a group of technology and data vendors who have joined forces to provide clients with both a wider choice, and a more comprehensive single view of risk to expedite the insurance industry’s shift to digital risk transfer.
Ian Summers, Global Business Leader, AdvantageGo, said: “We are delighted to welcome Zywave to our Ecosystem. The ability to integrate ClarionDoor’s cloud-native, API-first software into our Underwriting workbench will improve operational efficiency and speed to quote, empowering insurers to innovate and compete.”
Additionally, through the alliance, AdvantageGo’s Underwriting workbench will be available with a pre-built integration into ClarionDoor’s rating and distribution solution, therefore enabling users to develop, design and price risks in a low-code/no-code environment.
Jason Liu, CEO of Zywave, added: “It’s been a pleasure collaborating with AdvantageGo, as we share similar philosophies on digital insurance technology and its potential to transform the industry, while driving growth for those who embrace it. Through Zywave’s recent acquisitions, including Web Connectivity Limited (WCL) in London, Zywave owns a considerable number of assets that will enable the future digital marketplace.”
