Man Carpenter, a threat and reinsurance specialist and a enterprise of Marsh McLennan, has introduced that it has entered an settlement with TNEDICCA, a supplier of location-based traffic-crash intelligence and predictive analytics. The settlement will enable Man Carpenter to offer enhanced auto analytics to its insurance coverage provider purchasers.
Man Carpenter will use TNEDICCA’s location threat merchandise for the US private and industrial auto market. Accessing this information will help Man Carpenter purchasers in creating ratemaking and underwriting methods, leading to a extra correct evaluation and pricing of auto dangers.
TNEDICCA analytics make use of nationwide, geo-coded police crash report information with the intention to generate threat scores.
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“Via the settlement with TNEDICCA, Man Carpenter will be capable of additional present purchasers with modern information belongings,” stated Thomas Hettinger, managing director and North America chief for the World Strategic Advisory workforce at Man Carpenter. “This, in flip, will empower carriers to develop progressive merchandise that deal with new and rising dangers.”
“With a deep understanding and attain throughout the auto insurance coverage market, Man Carpenter is well-positioned to develop the distribution of TNEDICCA’s progressive threat scores and options,” stated Yiem Sunbhanich, co-founder and CEO of TNEDICCA. “We’ve seen firsthand the effectiveness of Man Carpenter’s full-service strategy in delivering worth by means of full implementation.”