Insurance Technology: Embroker Partners with Dashlane and Cowbell; Betterview and EagleView Launch Property Intelligence Alliance

July 26, 2023

Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage.

“Through Cowbell and Dashlane, we are not only able to support our customers in the event of a cyber breach, but also help them avoid one altogether,” said David Derigiotis, chief insurance officer at Embroker, a digital platform for business insurance. “It is services like these that are shaping the next generation of insurance, making getting coverage easier and actively beneficial to those who hold policies with us.”

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With Dashlane, Embroker customers have access to proactive cyber protection services with Dashlane’s password management featuring patented, zero-knowledge encryption – meaning all passwords and other items stored in users’ “vaults” remain private to users, even from Dashlane itself. Dashlane also monitors the dark web for information, alerting Embroker customers when their information is at risk.

The addition of Cowbell’s admitted cyber liability product to Embroker’s offerings underscores the continued evolution of ONE by Embroker. Enabled through an API, Cowbell’s cyber product can be paired with Embroker’s admitted LPL product, further strengthening its exclusive bundle offerings. Cowbell focuses on cyber insurance for SMEs.

Betterview and EagleView Launch Property Intelligence Alliance

Insurtech Betterview and aerial imagery provider EagleView said they have formed an alliance.

EagleView’s imagery will be integrated into Betterview’s property intelligence platform to help insurers better understand a customer’s total property risk by providing broader, data-driven intelligence for underwriters and claims professionals. Additional benefits of the alliance will include the ability for EagleView customers to gain direct access to Betterview’s property insights, scores, and data.

Related: Future of Insurance: How Technology May Change P/C Underwriting and More

Customers across both product platforms will benefit from these advanced capabilities:

  • Greatly Expanded Imagery Coverage:Imagery coverage now encompasses 94% of the US population with over 1 billion ultra-high resolution property images.
  • AI Detections: Access to property condition attributes, including Roof Age, from the most advanced computer vision and machine learning in the industry.
  • Predictive Risk Scores: From roof conditions to weather-related perils and vulnerability, insurers will get the most accurate predictors of loss—pre-filled in many states.
  • Historical Image Library:Access to nearly 20 years of historical imagery will deliver expanded intelligence on property changes over time. A significant beneficiary will be Betterview’s new Roof Age product.
  • Rapid Post-CAT Event Imagery: When a storm strikes, EagleView mobilizes its fleet to capture imagery of the impacted areas, quickly producing before and after views of the event. This imagery will power Betterview’s CAT response solution, further supporting fast decisions and early assistance for homeowners.
  • Predictive CAT Response Capabilities: Customers will access solutions to remotely identify vulnerability, predict impact, quantify damage, and help homeowners recover faster from severe weather events.

“We’re launching an alliance that leverages the expertise of both companies to scale our innovative solutions and deliver unparalleled property intelligence to our customers,” said Piers Dormeyer, CEO of EagleView

“We are continuously looking for ways to improve our customer’s ability to accurately assess property risk,” said David Lyman, CEO and co-founder of Betterview. “EagleView’s extensive, 20-year library of high-quality aerial imagery paired with our AI-powered property insights greatly expand our customers’ total understanding of property risk, both pre- and post-claim.”

Topics InsurTech Tech New Markets Property

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