The new relationship enables Ascot to take another step toward delivering on the One Ascot vision
NEW YORK – Ascot Insurance, a leading specialty risk-assumption organization, and Zywave, an industry-leading insurtech provider, today announced a new partnership to enhance Ascot’s Inland Marine quoting and underwriting capabilities.
Under the terms of the agreement, Ascot will utilize Zywave’s ClarionDoor technology, a powerful and efficient, API-first rating, quoting and issuance platform for admitted and E&S insurance accounts. This partnership will advance Ascot’s goal of becoming a modern-era company operating through an ecosystem of interconnected global operating platforms bound by a common mission and purpose.
“We are excited to partner with Zywave to enhance our Inland Marine quoting and underwriting capabilities,” said Jon Mosby, Senior Vice President of Inland Marine at Ascot. “ClarionDoor is a powerful platform that helps us to streamline our process, improve accuracy, and reduce underwriting time. As we build out our specialty carrier offerings, we can stand up new products quickly and better serve our customers and grow our business.”
“Ascot is building out an ecosystem of coverages, and the benefit is faster turn-around time and speed-to-quote, along with better client servicing,” said Zywave CEO Jason Liu. “We know that Ascot’s leadership is focused on removing the VUCA factors—volatility, uncertainty, complexity, and ambiguity—from risk decisions, and Zywave is pleased to support this component of Ascot’s underwriting approach.”
This partnership is a significant step forward for both companies. Ascot will gain access to Zywave’s innovative technology, while Zywave will expand its reach into the Property and Inland Marine market.
About Ascot Insurance
Ascot Insurance is a leading specialty risk-assumption organization, providing a wide range of insurance products and services to businesses and individuals around the world. Ascot’s insurance products are issued by insurance company affiliates within the Ascot Group, each of which is rated A (Excellent) by AM Best Company.
About Zywave
Zywave leads the insurtech industry, fueling business growth for its partners with cloud-based sales management, client delivery, content, and analytics solutions. Zywave’s all-in-one platform provides customizable, user-friendly options that enable insurance professionals to build a unique solution to fit their specific growth goals. More than 18,000 carriers, agencies, and brokerages worldwide—including all of the top 100 U.S. insurance brokerages—use Zywave solutions to enhance client services, achieve business growth and promote greater health, wellness, risk management and safety. Additional information can be found at www.zywave.com.
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