Business News: CCC, Willis Towers Watson, Startupbootcamp

September 26, 2017
CCC Announces New Platform Connecting OEMS to Insurers

CCC Information Services Inc. and its affiliates (CCC) announced the general availability of the CCC ONE Platform for OEMs, a hyperscale platform that creates a single connection between Original Equipment Manufacturers (OEMs) and CCC’s automotive network. The product can leverage connected car and vehicle data in many ways, including usage-based insurance and telematics-enabled claims, safety insights, as well as through shop certification scorecards.

The CCC platform is already in use by numerous OEMs and dealers, more than 350 insurers, 24,000 collision repairers, and dozens of third-party data and service providers.

CCC ONE for OEMs already processes data for millions of connected cars and has scored more than a billion trips. CCC has processed more than 180 million claims, including vehicle total loss valuations and vehicle repair estimates.

Willis Towers Watson Introduces Program to Minimize Active Shooter Risk for Senior Living Communities

Willis Towers Watson, a global advisory, broking and solutions firm, introduced its Active Shooter/Armed Intruder Readiness Program for senior living communities.

The new program delivers a comprehensive toolkit designed to help senior living communities plan for, respond to and recover from active shooter events. Organizations can access material online and customize it for their own use.

The program was created in partnership with Sorensen, Wilder and Associates.

Startupbootcamp Launches InsurTech Accelerator

Startupbootcamp announced the launch of its new InsurTech Accelerator in Hartford, Conn., designed specifically to rapidly scale insurance-focused technology startups. The InsurTech Accelerator, which is now accepting applications, has been established to attract new talent and technology and will provide entrepreneurs with the support, resources and industry and investor connections they need to help grow their business.

Founding local partners of the InsurTech Accelerator are Cigna, The Hartford, Travelers, and CTNext. Additional corporate partners include USAA and White Mountains. The InsurTech Accelerator is part of Hartford InsurTech Hub, an initiative that was conceived of by a diverse set of executives from Hartford-area insurance carriers and other related firms, City of Hartford staff, and several other community stakeholders. Opportunities to help spur more InsurTech innovation activity in the region were identified by this group, and action against these goals was catalyzed by investment from CTNext: Connecticut’s Innovation Ecosystem.

Each year, 10 to 12 startups will be accepted into the three-month intensive accelerator program in Hartford, and will receive an initial cash grant of $25,000, co-working space for each startup team, and access to Startupbootcamp’s global network of mentors and investors. To be eligible for the program, entrepreneurs must have a working prototype and have secured startup funding from other sources ranging from $150,000 to $500,000.

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