Insurable Interest Canadian Insurance Blog

Wisedocs Launches Decision Intelligence Platform Built for the Claims Lifecycle — Helping Carriers, TPAs, and Legal Teams Close Files Faster and Reserve with Confidence Miami, FL (Mar. 25, 2026) – Claims teams face a compounding problem: nuclear verdicts, social inflation, and litigation funding have raised the cost of a wrong decision to its highest level in a generation. Meanwhile, claims professionals spend 40–60% of their time organizing, reading, and searching documents before making a single claim decision. Wisedocs today introduced an AI-powered decision intelligence platform built to address that problem directly — moving carriers, TPAs, and legal teams from manual file review to structured, decision-ready intelligence across the full claims lifecycle, from intake and active care through escalation, litigation, and closure. The platform turns complex claim documents into source-linked intelligence that surfaces risk signals, inconsistencies, and key insights early. It is built to handle even the most complex files, including claims exceeding 100,000 pages. The result is a new level of speed and confidence in claims outcomes. Organizations using Wisedocs report 60–80% faster first touch on complex claims and up to 2x case handling efficiency, enabling claims teams to move from document preparation to decision-making far earlier in the lifecycle. In...

Integrated platform reduces settlement time and improves pricing consistency New York, NY (Mar. 5, 2026) – Openly, a tech-driven premium insurance provider, has announced a partnership with Claimtouch Analytics Inc. (“claimtouch”), an AI-native insurtech providing an end-to-end solution for personal property claims. This partnership is designed to reduce settlement times for content claims by automating the pricing and valuation of damaged personal property. Through the integration of claimtouch’s Personal Property Platform with Openly’s claims management system, adjusters can generate detailed contents inventories and estimates more efficiently, replacing manual processes with consistent, data-driven valuations. “We are setting a new standard for accurate and efficient claims processing,” said Gina Reyes, Vice President of Claims at Openly. “This partnership allows us to streamline our workflow and ensure that our customers receive fair and precise pricing for their damaged personal property, solidifying our commitment to a transparent and trustworthy claims experience.” Claimtouch’s platform uses machine learning and large-scale data to deliver real-time valuations for personal property losses, helping improve pricing consistency across claims. “We are thrilled to partner with Openly to provide a quick, accurate, and seamless content claim experience,” said Mick Noland, President & Co-Founder of claimtouch. “Openly shares our vision when it...

New York, NY (Mar. 5, 2025) – Floodbase, the leading platform for insuring flood risk, and Liberty Mutual (Liberty) have announced the launch of an instant quoting application for parametric flood (re)insurance in the US. This solution allows wholesale and retail brokers to price parametric flood covers in minutes, removing friction and introducing the speed required to serve the high-volume small to midsized commercial market more effectively. Designed specifically for the US market Liberty’s pricing engine, powered by Floodbase Platform’s new API, revolutionizes a traditionally time-consuming and demanding quoting process to deliver the speed and consistency that distributors need. Large-area parametric flood covers have reached a point of product maturity, with policies now transferring the risk of economic loss at global scale for US Municipalities, Colombian Farmers, CEI’s nation-wide distributed property portfolio in Italy, and more. As the US demand for comprehensive flood risk management grows – driven by more frequent and intense flood events, rising National Flood Insurance Program premiums, and uncertainty around federal flood insurance – parametric flood is increasingly viewed as a viable complement to traditional property coverage, while also covering non-damage business interruption financial losses. US flood risk continues to outpace private market capacity. Two-thirds of modelled US...

Real Estate’s Leading Wire Fraud Prevention Company Now Brings Critical Closing Processes into One Protected Platform Austin, TX (Feb. 24, 2026) – CertifID, the pioneer in real estate wire fraud protection, has announced the expansion of its platform to include document workflows, digital payments and AI-powered payoff ordering, marking a shift from a fraud prevention tool to a comprehensive closing platform. Since its founding, CertifID has protected over 1.4 million real estate transactions, blocked $283 million in attempted fraud, and recovered $118 million in stolen funds, working in partnership with the US Secret Service. CertifID secured the verification layer and blocked the bad actors. But payoffs, documents, and payments moved through systems outside the platform. Every handoff introduced gaps that fraud could exploit. “We’ve always been laser-focused on building the best fraud prevention in real estate, and now we’re addressing the gaps in the title process that create risk in the first place,” said Tyler Adams, CEO and Co-founder of CertifID. “This is just the beginning. Our team has major updates planned all year that will automate workflows and transform the closing experience for everyone involved. Unlike anyone else in this space, it’s all built on the most sophisticated fraud...

New York, NY (Feb. 24, 2026) – Accenture is pleased to announce it has acquired an advanced AI solution from cloud-native product company Avanseus. The solution provides models for prediction, anomaly detection and optimization for complex network operations and enhances Accenture’s platform capabilities in scaling AI/ML models for network planning, engineering and optimization. This will help telecommunications clients accelerate their journey towards autonomous networks, improve financial performance, and increase service agility. The technology will serve as a foundation building block for rapidly developing and deploying cutting-edge agentic AI solutions as part of Accenture’s cognitive network platform. The Avanseus solution applies advanced AI to coordinate decision‑making across complex network planning, optimization and operations, helping organizations turn operational complexity into a competitive advantage. Its unified cognitive AI/ML architecture supports faster innovation cycles and shorter time‑to‑market. Designed for seamless integration with hyperscaler agentic AI platforms, it enables efficient deployment of advanced autonomous network capabilities within Accenture’s cognitive network platform. This investment directly addresses critical market demands within the communications industry, where significant network infrastructure operational costs drive the need for AI-driven solutions. Avanseus’ solution provides the advanced models for prediction, anomaly detection and optimization necessary for this industry transformation. “Autonomous networks empower telcos...