Our hazard data components will allow Kaboodle’s clients to make more informed rating and underwriting decisions, providing for significantly better loss ratios.
Worcester, MA (PRWEB) October 10, 2017
Kaboodle, a collaboration network of best in class insurance software and service providers, and HazardHub, the nation’s first third-generation supplier of geospatial risk data, today announced their partnership to provide new and innovative slices of hazard-related underwriting and rate data. HazardHub’s data will be integrated in the Kaboodle platform of products and services and delivered through API’s.
"New data sources are a critical component of emerging insurtech innovative startups,” said Jeff Brown, President of Kaboodle. “HazardHub's growing depth and breadth of data, combined with their robust API's, make them an outstanding addition to the Kaboodle ecosystem of partners. This partnership underscores our commitment to providing Kaboodle’s clients with new and emerging sources of data through our platform."
"HazardHub is proud to be a member of the Kaboodle Team and to join their growing community of product and service partners,” stated John Siegman, HazardHub Founder and CRO. “Our hazard data components will allow Kaboodle’s clients to make more informed rating and underwriting decisions, providing for significantly better loss ratios."
HazardHub's existing services can be made available to current and future Kaboodle clients through a single contract, which bundles a variety of pre-integrated products and services from the entire community of Kaboodle partners. Additionally, HazardHub and Kaboodle will be working together to deploy new and innovative data services to the Kaboodle community in the months to come.