Cloverleaf's GenBI-powered Insurance Intelligence platform will enable Bamboo to have a holistic view of insurance data in Guidewire Cloud
NASHVILLE, Tenn., Nov. 18, 2024 /PRNewswire-PRWeb/ -- Cloverleaf Analytics, a leading provider of Insurance Intelligence solutions, today announced Bamboo Insurance as its latest customer. Bamboo Insurance selected Cloverleaf because of its ability to unify Guidewire InsuranceSuite and other core system insurance data into a single framework, offering a multitude of methods to visualize insurance insights to advance business growth.
"Bamboo was founded with a vision to leverage the best technology to attain peak internal operational efficiency in parallel to consistently developing new mechanisms to drive down coverage costs," said Taylor Mobley, Chief Revenue Officer of Bamboo Insurance. "The combination of Cloverleaf and Guidewire means our employees and agents will have access to insurance insights within seconds that could save our customers money and position our company for greater profitability."
Matt Sigman, Chief Information and Innovation Officer of Bamboo added, "Insurers require a holistic understanding of their insurance data to drive the highest levels of efficiency. Cloverleaf brings innovation in their platform with AI, BI, ML, NLP, and other technologies that will enable us to uncover fresh approaches to serve our insureds and agents."
Cloverleaf empowers P&C insurers to use insurance data more effectively to better monitor fraud, predict potential growth and insurance risk, and find novel ways to cultivate quality customer relationships.
Brian Suzuki, Bamboo's Chief Insurance Officer commented, "Leveraging Cloverleaf and Guidewire is creating a more intelligent future for our business. Having strategic access to GenAI within the Cloverleaf Insurance Intelligence platform, including 220+ out-of-the-box insurance resources and 950+ insurance KPIs, will make a tremendous impact on the speed and quality of decisions that fuel our growth, along with bolstering operations such as claims management and insurance underwriting."
InsuranceSuite infuses business-critical core systems with the digital capabilities and analytical insights required for innovation and reliability. It is a collective of products available individually and as a group that includes policy administration, billing, and claims management. Each unifies end-to-end insurance processes for P&C insurers across all lines of business.
"Bamboo is a standard-bearer within our industry due to their proven success using technology to empower employees and improve the experiences of their agents and insureds," said Michael Schwabrow, EVP of Sales and Marketing of Cloverleaf Analytics. "Cloverleaf's platform continues to evolve throughout our nine-year history as demonstrated by our recent V.4.0 and vendor-neutral BI announcements. Serving as an asset for Guidewire InsuranceSuite implementations demonstrates our commitment not only to developing world-class technology but also to collaborating with other insurtech leaders like Guidewire that are shaping the future of our industry."
About Cloverleaf Analytics
Cloverleaf Analytics is the leader in insurance intelligence solutions, having evolved from Business Intelligence (BI) into providing advanced tools using Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Speech to Insights, and other emerging technologies to empower carriers to achieve unparalleled growth. Cloverleaf enables carriers in diverse lines of business to create modern products that help insurers remain competitive against new market entrants while redefining what consumers and businesses understand as the meaning of insurance value. Find out more at cloverleafanalytics.com.
About Bamboo Insurance
We're a forward-thinking insurance organization dedicated to providing a seamless and innovative insurance experience with a strong emphasis on customer advocacy. By leveraging data and technology, we streamline the insurance process and enhance transparency for both our partners and policyholders. Learn more at our website.
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Bamboo Ide8 Insurance Services (Bamboo) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046; CA License #0M31082.
MEDIA CONTACTS:
Cloverleaf Analytics
Michael Schwabrow
EVP of Sales & Marketing
Media Contact
Michael Schwabrow, Cloverleaf Analytics, 1 512-361-7173 2121, [email protected], www.cloverleafanalytics.com
SOURCE Cloverleaf Analytics
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