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December 2, 2020

Insurtech Slice Labs and Appalachian partner for digital on-demand insurance

By Verdict Staff

Insurtech Slice Labs has partnered with Appalachian Underwriters to develop and distribute digital, on-demand insurance.

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by GlobalData
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Under the tie-up, Appalachian will introduce ‘low friction, dynamic, data-driven experiences’ to the insurance buying process.

Both companies have been working together on products that leverage Slice’s Insurance Cloud Services (ICS) platform.

Appalachian specialises in Workers’​ Compensation, Commercial Specialty, and Personal Lines offerings. The company looks to strategic distribution with digital ecosystems as a vital element in the direction of growth and engagement.

Appalachian Underwriters president Bob Arowood said: “With greater desire for customized products and instant quotes, agents need digital access to policy details and quotes faster than ever. Slice’s ICS platform is slick technology and exactly what we need to deliver seamless interactions and streamlined underwriting processes.”

Commenting on the partnership, Slice Labs CEO and co-founder Tim Attia said: “It’s great to see companies like Appalachian embracing innovation in insurance.

“In a world of changing markets and customer demands, our digital platform enables smoother operations, and we’re excited to work with Appalachian on these innovative products.”

Slice Labs facilitates cloud-based, on-demand digital services ecosystems. Its Insurance ICS platform enables insurers, technology companies, and other service providers to develop usage-based digital insurance products for their clients.

In April this year, Slice Labs announced that its cloud-based cyber insurance for small to midsize businesses (SMB) will now be offered through the Security Advisor suite of the Lenovo Vantage platform.

Last year, Slice Labs, AXA XL and Microsoft teamed up to boost cyber health and alleviate risks for Microsoft customers.

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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