ClarionDoor Adds New Head of Data and Analytics
Increasing efficiency of data-intensive processes creates deeper need for data scientists by insurers.
SANTA BARBARA, Calif., July 16, 2019 (GLOBE NEWSWIRE) -- The explosion of Big Data in the last five to ten years has hit the insurance industry hard due to the inability of legacy technology systems to effectively capture, store, integrate, and utilize unstructured data, in particular, and created an urgent need for data scientists.
Forward-thinking insurance industry solution providers, like ClarionDoor, Inc. (ClarionDoor) , developer of enterprise-class, cloud-based rating, quoting, and issuance solutions for property and casualty (P&C) insurers, are adding bench strength with significant data mastery capabilities to help offset the gap for insurance company clients. Notably, ClarionDoor recently added Mark Heslop to the leadership team as the company’s new Head of Data and Analytics.
“Mark is an important addition to our team,” said Michael DeGusta, CEO of ClarionDoor. “He will be working on bringing best-in-class data and analytics to the underwriting forefront by integrating third-party data solutions, building out analytical modules to enable stronger and more consistent underwriting, and providing underwriters and managers at client companies with real-time analytical dashboards to further empower more effective business strategies and course correction where necessary."
Heslop comes to ClarionDoor with over ten years’ experience in the FinTech and InsurTech industries and a focus on real-time data analytics that drive business decisions. Throughout his career, Heslop has held high-level positions at Risk Management Solutions, Nomis Solutions, and Amazon Web Services where he has helped develop integrated customer-centric strategies across cloud-hosted platforms. In his role at ClarionDoor, Heslop will be advancing data strategies that solve real world challenges for P&C insurers.
“Data is becoming the epicenter of the insurance industry,” said Heslop. “With the increasing demand on bringing innovative products to market, better user experience, and insurers building stronger relationships with customers, having a data strategy is not only important, but essential to staying competitive. Insurance technology and solution providers have made progress in back-office analytics and ‘after-the-fact’ insight, but the industry has not managed to tackle the integration of rich data and analytics at the point of rating, quoting and issuing each policy. This is largely due to front-end systems which are tied to outdated, back-office core administration and portfolio management systems, making the evolution of front-line operations increasingly difficult to achieve. ClarionDoor’s modern, API-first platform designed specifically for rating, quoting, binding, and issuing policies provides the perfect foundation to bring best-in-class data and analytics to the forefront of the insurance process, where business is being won or lost.”
ClarionDoor’s Digital Distribution Suite (CD Digital Distribution Suite) provides cutting-edge rate/quote/bind, issuance, and forms management functionality, and helps insurance company clients rapidly improve speed to market, enhance the user and customer experience, and optimize new and existing distribution channels. With a deeper bench of data experts, implementation times that easily beat industry norms, guaranteed uptimes, and real-time scalability, ClarionDoor is a strong partner for P&C insurers needing immediate improvements in critical processes.
For more information on CD Digital Distribution Suite, Mark Heslop’s addition to the team, and future roadmap plans for ClarionDoor, please contact Spiro Skias, Director of Product Marketing for ClarionDoor, at 814-853-7045 or firstname.lastname@example.org , or visit the company website at www.clariondoor.com .
ClarionDoor is the leading provider of cloud-based distribution solutions for insurance, delivering enterprise-grade rating, quoting, and policy issuance for all lines and geographies. Built on standards-based web services and best-in-class user interfaces, ClarionDoor’s proven software-as-a-service products have delivered millions of accurate real-time quotes for dozens for insurance organizations.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ed32d0e9-16e4-4c61-a906-b5c1b2e85d0d
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
EVS Broadcast Equipment reports update of share buyback program13.7.2020 17:45:00 CEST | Press release
Publication on July 13, 2020, after market closing Regulated information – reporting share buyback EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR) EVS reports update of share buyback program EVS Broadcast Equipment reports that the following transactions, conducted within the framework of the share buyback program announced on May 6, 2020, took place between July 6, 2020 and July 10, 2020. DateNumber of shares acquiredAverage price (EUR)Highest price (EUR)Lowest price (EUR)Total (EUR)06/07/20202,11216.427616.5016.36 34,695 07/07/20202,10016.507816.6216.38 34,666 08/07/20202,50016.409116.4416.30 41,023 09/07/20201,89816.363216.4216.30 31,057 10/07/20202,20216.285916.3816.24 35,862 Total10,812 16.3987 16.62 16.24 177,303 As of July 10, 2020, and since the start of the buyback program, EVS has bought 95,521 shares at an average price of EUR 15,6592, representing in total EUR 1,495,785. After aforementioned transactions the total number of ow
XBT Provider AB (Publ) Publishes Half Year Interim Report 202013.7.2020 17:30:00 CEST | Press release
XBT Provider AB (Publ) Publishes Half Year Interim Report Stockholm, July 13, 2020 -- XBT Provider AB (Publ) ("XBT" or the "Company") is pleased to announce that the Interim Report for the period ended 30 June 2020 has been posted on the Company's website. The Guarantor, CoinShares (Jersey) Limited, has also provided an unaudited set, of their financial statements for the period ending on 30 June 2020, which are also posted on the Company's website. Interested persons may access an electronic copy of these documents at https://coinshares.com/etps/xbt-provider/investor-resources About XBT Provider XBT Provider AB (Publ) (XBT Provider), a CoinShares company, is the Swedish-domiciled issuer of the Bitcoin Tracker One (SE0007126024), Bitcoin Tracker Euro (SE0007525332), Ether Tracker One (SE0010296574) and Ether Tracker Euro (SE0010296582), Litecoin Tracker One (SE0011414465), Litecoin Tracker Euro (SE0011414457), XRP Tracker One (SE0011414481), XRP Tracker Euro (SE0011414473), series of c
Valmet’s comment on Alfa Laval’s tender offer for Neles’ shareholders13.7.2020 16:00:00 CEST | Press release
Valmet Oyj’s press release July 13, 2020 at 5:00 p.m. EET Valmet has today become aware of Alfa Laval’s announcement on public cash tender offer for all shares in Neles. Valmet completed 14.88 percent share acquisition of Neles’ shares from Solidium Oy on July 1, 2020. “Neles is a good quality company with a strong position in the pulp and paper industry and other process industries. Valmet and Neles have a common heritage, serve similar global industries and benefit from same global megatrends. Valmet sees a good amount of value in Neles and with the previously announced share acquisition our target is to participate in developing the company further. Therefore, as a Neles shareholder, Valmet does not consider Alfa Laval’s tender offer to be beneficial for Neles. Valmet will continue as an active shareholder of Neles,” says Pasi Laine, President and CEO of Valmet. Valmet acquires 14.9% ownership in the future Neles Valmet completes 14.9% ownership acquisition of Neles VALMET Corporate
Verisk to Announce Fiscal Second-Quarter 2020 Results on August 4, 202013.7.2020 15:29:14 CEST | Press release
Jersey City, NJ, July 13, 2020 (GLOBE NEWSWIRE) -- Verisk (Nasdaq:VRSK), a leading data analytics provider serving customers in insurance, energy and specialized markets, and financial services, will report its financial results for the fiscal second quarter ended June 30, 2020, on Tuesday, August 4, 2020, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com. Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, August 5, 2020, at 8:30 a.m. EDT (5:30 a.m. PDT, 1:30 p.m. BST). All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.verisk.com. The discussion will also be available through dial-in number 1-877-755-3792 for U.S./Canada participants or 512-961-6560 for international participants. A replay of the webcast will be available for 30
CNA Transitions to AIR Worldwide as its Primary Catastrophe Risk Management Platform13.7.2020 13:02:10 CEST | Press release
Boston, July 13, 2020 (GLOBE NEWSWIRE) -- Catastrophe modeling firm AIR Worldwide announced that CNA has transitioned to AIR’s Touchstone solution as its primary catastrophe risk modeling platform. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “We are excited to leverage AIR’s powerful catastrophe modeling solution to support our multiple lines of business during the underwriting process,” said Tom Stone, vice president of aggregation and catastrophe management at CNA. “AIR has a track record of providing scientifically credible models and combined with Touchstone, this complete solution will provide us with more analytics to make risk management, pricing, and risk selection decisions.” As part of the agreement, CNA is accessing Touchstone in the AIR Cloud as a secure and cost-efficient alternative to on-premise deployment. CNA is also licensing AIR’s Web Services to connect to AIR’s cloud infrastructure and obtain hazard, and loss analysis output in seconds; and Touchstone APIs to
RESULT OF SEK CREDIT OPERATION13.7.2020 11:45:00 CEST | Press release
RESULT OF SEK CREDIT OPERATION WITH 3 MONTH MATURITY 2020-07-13Auction date:2020-07-13Payment date:2020-07-13 (at 3 pm)Maturity date:2020-10-13Term:92 daysOffered volume:UnlimitedTotal bid amount:SEK 0 billionNumber of bids0Allotment:SEK 0 billionInterest rate:Repo rate RESULT OF SEK CREDIT OPERATION WITH 6 MONTH MATURITY 2020-07-13Auction date:2020-07-13Payment date:2020-07-13 (at 3 pm)Maturity date:2021-01-13Term:184 daysOffered volume:UnlimitedTotal bid amount:SEK 0 billionNumber of bids0Allotment:SEK 0 billionInterest rate: Repo rate