Slice ICS Customer Announces Go-Live of First Digital Insurance Product
New on-demand insurance product from top 10 Canadian insurer powered by Slice Insurance Cloud Services (ICS) platform
Within two months of announcing the intention to create a new digital insurance arm in the 70+-year old business, The Co-operators has launched its first digital insurance product for hosts using homesharing platforms like Airbnb®, HomeAway® and VRBO®. The new product costs an average of
“I cannot think of a time in the Canadian insurance industry where an entirely new product has been built within two months of announcing intention to create a product from scratch,” said
The new insurance is different from other Canadian homeshare insurance products because it does not follow the traditional application and underwriting process for homeowner policies. The Co-operators product is powered by Slice ICS, providing a simple and fast application process, AI-powered claims processing, and comprehensive cybersecurity protection of homeshare host and insurer information.
“We congratulate The Co-Operators on the launch and look forward to seeing what other new digital insurance products they develop in the future,” said
About
The Co-operators is a Canadian insurance and financial services co-operative with more than
About Slice:
duuo™ and duuo by co-operators™ are trademarks of
VRBO® is a registered trademark of
Reference to these home sharing platform providers is by way of example only and is not an endorsement of The Co-operators, duuo by co-operators™ brand,
View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005221/en/
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