HUG HUB’s digital platform aims to transform the way insurance companies, managing general agents and brokers interact with their clients.
With Verisk’s support, HUG HUB intends to provide its customers with access to the company’s analyzes, a leading source of information on insurance risk, data management and predictive modelling.
HUG HUB is currently working with Verisk to provide a wide range of risk assessment services, decision analysis and other practical tools that enable their clients to make better risk decisions.
“We are pleased to welcome Verisk as a partner and shareholder and Alex to join our Board of Directors. We have seen a huge increase in focus on digital technologies in our market as companies start ‘making’ digital transformation rather than just ‘talking’ about it, “says Jonathan Davey, CEO of HUG HUB.
“Caring for customers effectively with integrated and omni-channel digital engagement is now a requirement to stay in the game for all insurance retailers.
“Our partnership with Verisk and their investment in our business represents a great opportunity for us to maintain current momentum, further expand our business and support our customers both in the UK and abroad,” he continued.
“Working closely with HUG HUB is very beneficial to our vision of accelerating the intelligent use of data and analytics across the insurance value chain,” said Alex Croydon, CEO, General Insurance UK & Ireland, Verisk
“Not only is there great potential to help our customers deliver a better customer experience, our work will also make it much easier for them to access Verisk’s industry-leading data and our Data Insight Hub.
“We are proud to be a part of HUG HUB’s development, and we look forward to exploring new opportunities to integrate their innovative and customer-centric technologies into our home, commercial and engine offerings.”
