Yotta Automated Software Solutions Inc. (YASSI), a company renowned as the premier platform for real-time vehicle lienholder, registration, and title data, has announced its participation in Guidewire’s Insurtech Vanguards programme.
The initiative, spearheaded by Guidewire (NYSE: GWRE), a leading provider of property and casualty (P&C) cloud platforms, aims to introduce insurers with the latest insurtech innovations and optimal methods for their integration.
As a participant in the programme, YASSI is reportedly set to offer valuable insights to insurers regarding the latest advancements in technology and how they can be effectively harnessed. Guidewire’s Insurtech Vanguards programme stands as a pivotal platform for fostering collaboration between insurers and cutting-edge insurtech companies, ultimately driving innovation within the industry.
According to a statement released by YASSI, the current insurance landscape presents a myriad of intricate challenges, spanning from the need to expedite claims processing to fortifying fraud detection mechanisms and streamlining underwriting procedures. YASSI stands at the forefront of tackling these multifaceted issues by providing instant, precise, and dependable vehicle information, encompassing real-time lienholder, registered owner, title, registration, and driver data. Such data is indispensable for making well-informed decisions and delivering superior services to policyholders.
Participation in the Insurtech Vanguards program not only validates YASSI’s endeavours but also affords the company unparalleled opportunities to refine its technology, broaden its market reach, and ultimately shape the trajectory of the insurance sector.
Insurtech Vanguards serves as a community comprising select startups and technology providers pioneering innovative solutions for the property and casualty (P&C) industry. Through this program, Guidewire extends strategic guidance and advocacy to participating insurtech companies, facilitating connections with Guidewire’s P&C clientele.
“Joining Guidewire’s Insurtech Vanguards program marks a big moment for YASSI, and we are thrilled to be a part of this innovative ecosystem,” said Bob Rieger, CEO and Chairman of YASSI.
He continued: “As pioneers in providing comprehensive, real-time vehicle data through a single API and web app, our mission aligns with the program’s goal of transforming the insurance industry. This collaboration signifies a leap forward in our journey, enabling us to connect more closely with industry leaders and stakeholders who are just as passionate about leveraging technology to enhance insurance processes.”
“We are excited to welcome YASSI to the Insurtech Vanguards programme,” said Laura Drabik, Chief Evangelist at Guidewire. “YASSI’s innovative approach to providing real-time vehicle data aligns with our mission to empower insurers with cutting-edge technology.”
She added: “Their solutions not only streamline operations but also enhance the overall experience for policyholders, making a significant impact on the industry. We look forward to supporting YASSI in their journey and exploring the value they bring to our customers and the insurance ecosystem at large.”
Source: PR Newswire
