21 July 2020Insurance

QBE strikes strategic partnership with AI-driven insurtech Flyreel

QBE North America has formed a strategic partnership with US-based insurtech Flyreel, an artificial intelligence platform for property insurance, to help manage risk and prevent loss AI-driven property inspections.

The partnership will enable QBE to streamline the inspection process without the need of a third-party.

"As an early adopter to digital transformation, QBE is helping customers to easily conduct home inspections and gain insights into managing risks," said Fred Dabney, vice president, affiliated. "QBE believes strongly in empowering customers with the most advanced tools available to help them obtain the right coverage for their homes. This progressive approach will help our customers even more given our new virtual world."

Paul Isaac, senior vice president, QBE Global Risk Solutions, added: "QBE is committed to helping customers understand and reduce their risk exposure while leveraging our global community of experts. Flyreel's innovative platform delivers that."

Cole Winans, CEO of Flyreel, said: "Flyreel is honored to be in a position to support QBE North America as they progress their mission of serving their customers to the best of their ability, using the best of today's technology. Our industry-leading technology is a gateway to operational efficiency and better customer experiences; We're excited to be partnering with QBE to deliver both at scale."

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More on this story

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7 July 2020   The transaction is a part of QBE Insurance Group's strategy to simplify its business.
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30 January 2019   Re/insurer QBE is in the process of realigning its business operations to take a more customer-centric approach. Its latest move has resulted in the merger of its regional specialty portfolios in Asia.