Carpe Data And EverPeak Partner To Streamline Underwriting
Digital transformation has revolutionized industries by leveraging software platforms to streamline complex processes, improving efficiency, accuracy, and scalability. From manufacturing and marketing to cybersecurity and finance, these platforms are essential for both new and established businesses. In this evolving landscape, EverPeak Insurance, a new entrant in the workers' compensation sector, is partnering with Carpe Data to enhanc... moreCarpe Data And EverPeak Partner To Streamline Underwriting
Digital transformation has revolutionized industries by leveraging software platforms to streamline complex processes, improving efficiency, accuracy, and scalability. From manufacturing and marketing to cybersecurity and finance, these platforms are essential for both new and established businesses. In this evolving landscape, EverPeak Insurance, a new entrant in the workers' compensation sector, is partnering with Carpe Data to enhance its underwriting operations through advanced technology.
Partnership Overview
Carpe Data, known for its predictive data solutions for the insurance industry, has joined forces with EverPeak Insurance to transform its underwriting process. Launched on May 13, 2024, EverPeak Insurance is a Managing General Agency (MGA) created by Pinnacol Assurance, a historic provider of workers' compensation insurance in Colorado. The MGA model positions EverPeak as an intermediary between businesses and insurance carriers, helping clients secure the right coverage.
The partnership with Carpe Data aims to support EverPeak’s national expansion by integrating Carpe Data’s Minerva platform. This advanced platform will provide EverPeak with real-time access to a vast database covering over 90% of insurable businesses in the U.S. The data includes critical insights for evaluating risk at the point of quote, facilitating more accurate and efficient underwriting.
Benefits of the Partnership
The Minerva platform will significantly streamline EverPeak's underwriting process. By delivering immediate risk insights and accurate North American Industry Classification System (NAICS) codes, the platform speeds up decision-making and reduces manual intervention. The comprehensive data library and advanced analytics offered by Minerva will enable EverPeak to generate actionable insights related to workers' compensation risks, further enhancing the efficiency of their operations.
With Minerva, EverPeak’s underwriters can focus more on reviewing exceptions rather than processing each policy application from scratch. This shift will lead to quicker turnaround times, allowing EverPeak to scale its operations more effectively and respond to market demands more rapidly.
Executive Insights
Vlad Stojanovic, COO of EverPeak Insurance, highlighted the importance of swift and accurate risk assessment in their business model. He noted that the partnership with Carpe Data aligns with EverPeak’s growth strategy, particularly their ‘no-touch, bind-or-decline’ service. This model benefits from the efficiency brought by Minerva, which enhances their ability to process approvals and denials with minimal manual intervention.
Max Drucker, CEO of Carpe Data, emphasized the company's mission to simplify and accelerate small business underwriting. Drucker expressed excitement about the partnership, noting that Minerva’s capabilities will empower EverPeak’s underwriters to perform their roles more effectively without additional strain. This collaboration aims to strengthen EverPeak’s underwriting capabilities, ensuring that they continue to offer high-quality workers' compensation insurance.
Implications for the Industry
The partnership between Carpe Data and EverPeak Insurance exemplifies how digital transformation can drive significant improvements in traditional sectors. By integrating advanced technology into underwriting processes, EverPeak is positioning itself to better serve its clients and support its nationwide expansion. The success of this collaboration may inspire other companies to explore similar partnerships, demonstrating the value of leveraging technology to enhance operational efficiency and customer service.
In summary, the Carpe Data and EverPeak Insurance partnership is set to revolutionize the underwriting process, providing a model for future innovations in the insurance industry and beyond.
Wipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded allian... moreWipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded alliance with Google Cloud.
The new agreement is an extension of a partnership originally established in 2020, which focused on enhancing JLP's infrastructure services to better align with the company’s evolving business strategy. This initial collaboration was designed to support JLP in responding more swiftly to the increasingly digital expectations of its customers. The latest agreement seeks to build on this foundation by enabling JLP to future-proof its operations, driving sustainable growth amid a rapidly shifting IT landscape.
Under the terms of the new agreement, Wipro will utilize its FullStride Cloud services, a suite of offerings developed in collaboration with Google Cloud, to extend JLP’s existing cloud infrastructure, network, and end-user services for an additional four years. A key component of this collaboration will be the transformation of JLP’s X86 platform to the cloud, a move expected to bring greater agility to the company’s operations, optimize operating costs, and streamline various business processes. By unlocking new business value and scoping out innovative solutions, Wipro aims to propel JLP’s retail technology offerings and modernize its store operations.
The partnership comes at a critical time, as artificial intelligence (AI) increasingly drives cloud investment decisions across industries. According to Wipro FullStride Cloud’s study, "The Pulse of Cloud: Quarterly Report July 2024," 54% of surveyed organizations identified AI as a key driver behind their cloud investments. This statistic underscores the importance of cloud scalability and processing power in supporting the large volumes of reference data required by AI technologies. Consequently, the collaboration between Wipro, JLP, and Google Cloud is not only timely but also essential in positioning JLP for continued success in an AI-driven future.
Omkar Nisal, UKI Managing Director of Wipro Limited, expressed enthusiasm for the expanded partnership, noting Wipro’s deep understanding of JLP’s needs developed over years of close collaboration. Nisal emphasized that Wipro’s comprehensive expertise, particularly through its FullStride Cloud services, will be instrumental in helping JLP achieve its business ambitions through a bespoke modernization program.
David Hunn, Chief Information Officer of John Lewis Partnership, also commented on the partnership, highlighting the shared values of sustainable growth between the two companies. Hunn expressed confidence in Wipro’s ability to support JLP’s modernization efforts, given the firm’s proven track record in digital transformation and thorough understanding of JLP’s business needs.
The strategic collaboration between Wipro and JLP is likely to serve as an inspiration for other companies seeking to modernize their IT infrastructure and cloud environments. As AI continues to shape the future of business operations, partnerships like this one not only demonstrate the importance of staying ahead in the digital race but also position Wipro to expand its customer base and influence across industries. With a focus on innovation, agility, and sustainable growth, Wipro and JLP are setting a benchmark for successful digital transformation in the retail sector.
Wipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded allian... moreWipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded alliance with Google Cloud.
The new agreement is an extension of a partnership originally established in 2020, which focused on enhancing JLP's infrastructure services to better align with the company’s evolving business strategy. This initial collaboration was designed to support JLP in responding more swiftly to the increasingly digital expectations of its customers. The latest agreement seeks to build on this foundation by enabling JLP to future-proof its operations, driving sustainable growth amid a rapidly shifting IT landscape.
Under the terms of the new agreement, Wipro will utilize its FullStride Cloud services, a suite of offerings developed in collaboration with Google Cloud, to extend JLP’s existing cloud infrastructure, network, and end-user services for an additional four years. A key component of this collaboration will be the transformation of JLP’s X86 platform to the cloud, a move expected to bring greater agility to the company’s operations, optimize operating costs, and streamline various business processes. By unlocking new business value and scoping out innovative solutions, Wipro aims to propel JLP’s retail technology offerings and modernize its store operations.
The partnership comes at a critical time, as artificial intelligence (AI) increasingly drives cloud investment decisions across industries. According to Wipro FullStride Cloud’s study, "The Pulse of Cloud: Quarterly Report July 2024," 54% of surveyed organizations identified AI as a key driver behind their cloud investments. This statistic underscores the importance of cloud scalability and processing power in supporting the large volumes of reference data required by AI technologies. Consequently, the collaboration between Wipro, JLP, and Google Cloud is not only timely but also essential in positioning JLP for continued success in an AI-driven future.
Omkar Nisal, UKI Managing Director of Wipro Limited, expressed enthusiasm for the expanded partnership, noting Wipro’s deep understanding of JLP’s needs developed over years of close collaboration. Nisal emphasized that Wipro’s comprehensive expertise, particularly through its FullStride Cloud services, will be instrumental in helping JLP achieve its business ambitions through a bespoke modernization program.
David Hunn, Chief Information Officer of John Lewis Partnership, also commented on the partnership, highlighting the shared values of sustainable growth between the two companies. Hunn expressed confidence in Wipro’s ability to support JLP’s modernization efforts, given the firm’s proven track record in digital transformation and thorough understanding of JLP’s business needs.
The strategic collaboration between Wipro and JLP is likely to serve as an inspiration for other companies seeking to modernize their IT infrastructure and cloud environments. As AI continues to shape the future of business operations, partnerships like this one not only demonstrate the importance of staying ahead in the digital race but also position Wipro to expand its customer base and influence across industries. With a focus on innovation, agility, and sustainable growth, Wipro and JLP are setting a benchmark for successful digital transformation in the retail sector.
Wipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded allian... moreWipro To Modernize JLP’s IT Infrastructure As GenAI Beckons
Wipro, a prominent technology services and consulting firm, has significantly strengthened its strategic partnership with the John Lewis Partnership (JLP), the company behind some of the United Kingdom's most iconic retail brands, including department stores and supermarkets. This deepened collaboration is aimed at transforming and modernizing JLP's IT infrastructure by leveraging Wipro's technological expertise and its expanded alliance with Google Cloud.
The new agreement is an extension of a partnership originally established in 2020, which focused on enhancing JLP's infrastructure services to better align with the company’s evolving business strategy. This initial collaboration was designed to support JLP in responding more swiftly to the increasingly digital expectations of its customers. The latest agreement seeks to build on this foundation by enabling JLP to future-proof its operations, driving sustainable growth amid a rapidly shifting IT landscape.
Under the terms of the new agreement, Wipro will utilize its FullStride Cloud services, a suite of offerings developed in collaboration with Google Cloud, to extend JLP’s existing cloud infrastructure, network, and end-user services for an additional four years. A key component of this collaboration will be the transformation of JLP’s X86 platform to the cloud, a move expected to bring greater agility to the company’s operations, optimize operating costs, and streamline various business processes. By unlocking new business value and scoping out innovative solutions, Wipro aims to propel JLP’s retail technology offerings and modernize its store operations.
The partnership comes at a critical time, as artificial intelligence (AI) increasingly drives cloud investment decisions across industries. According to Wipro FullStride Cloud’s study, "The Pulse of Cloud: Quarterly Report July 2024," 54% of surveyed organizations identified AI as a key driver behind their cloud investments. This statistic underscores the importance of cloud scalability and processing power in supporting the large volumes of reference data required by AI technologies. Consequently, the collaboration between Wipro, JLP, and Google Cloud is not only timely but also essential in positioning JLP for continued success in an AI-driven future.
Omkar Nisal, UKI Managing Director of Wipro Limited, expressed enthusiasm for the expanded partnership, noting Wipro’s deep understanding of JLP’s needs developed over years of close collaboration. Nisal emphasized that Wipro’s comprehensive expertise, particularly through its FullStride Cloud services, will be instrumental in helping JLP achieve its business ambitions through a bespoke modernization program.
David Hunn, Chief Information Officer of John Lewis Partnership, also commented on the partnership, highlighting the shared values of sustainable growth between the two companies. Hunn expressed confidence in Wipro’s ability to support JLP’s modernization efforts, given the firm’s proven track record in digital transformation and thorough understanding of JLP’s business needs.
The strategic collaboration between Wipro and JLP is likely to serve as an inspiration for other companies seeking to modernize their IT infrastructure and cloud environments. As AI continues to shape the future of business operations, partnerships like this one not only demonstrate the importance of staying ahead in the digital race but also position Wipro to expand its customer base and influence across industries. With a focus on innovation, agility, and sustainable growth, Wipro and JLP are setting a benchmark for successful digital transformation in the retail sector.
This year, droidcon Berlin offers an added benefit: one ticket grants you access to two conferences. When you buy a ticket to droidcon Berlin, you are automatically registered to attend Fluttercon Europe, which is co-located with droidcon Berlin. Fluttercon Europe focuses on the Flutter framework, which is becoming increasingly popular for building natively compiled applications for mobile, web, and desktop from a single codebase. Attending both events allows you to explore... moreDroidcon Berlin 2024
This year, droidcon Berlin offers an added benefit: one ticket grants you access to two conferences. When you buy a ticket to droidcon Berlin, you are automatically registered to attend Fluttercon Europe, which is co-located with droidcon Berlin. Fluttercon Europe focuses on the Flutter framework, which is becoming increasingly popular for building natively compiled applications for mobile, web, and desktop from a single codebase. Attending both events allows you to explore the synergies between Android and Flutter development, broadening your skill set and knowledge base.
Fluttercon Europe also features its own set of expert speakers and workshops, offering you the chance to delve into the Flutter framework and learn from the best in the field. This dual conference setup maximizes your learning opportunities and provides a comprehensive look at the latest in mobile development.