![]() ![]() Shuie Yankelewitz, CAB Chief Operating Officer, added: “TSIQ has unmatched data and analytics capabilities, which they are making available to the commercial P&C industry via their SubmissionIQ platform. By tightly integrating CAB data with our platform, we’ve further enhanced the underwriter’s experience by simplifying the workflow, bringing the power of CAB directly into the same platform teams are using to ingest submission data, and prioritize and evaluate individual and portfolio-level risks.” “For decades, the CAB team has been the trusted source of this data for the commercial transportation sector. ![]() ![]() Jeff Tyler, Head of Product, Data Science and Engineering at Two Sigma Insurance Quantified, commented: “We appreciate that access to quality, relevant third-party data is critical for distribution responsiveness, risk selection and exposure analyses. Moreover, CAB data available through the connection will include Basic Scores such as Unsafe Driving, Hours of Service, Driver Fitness and Vehicle Maintenance, and Safety Scores such as Insured Vehicle Out of Service Rates (OOS), Insured Driver OOS and Insured Hazmat OOS.ĬAB’s proprietary system for rating, tracking and analysing the financial and safety strength of motor carriers has been developed over the company’s 80-year history and will now be accessible in SubmissionIQ through a dedicated API connection. The partnership will also allow for clients to be able to automatically verify, enrich or replace application data and perform additional analytics at the individual risk and portfolio levels by combining submission data with the CAB dataset. Through this partnership, CAB’s entire industry-standard commercial trucking dataset will be embedded directly into SubmissionIQ, TSIQ’s underwriting workbench. Two Sigma Insurance Quantified (TSIQ), an underwriting technology company for the commercial property and casualty (P&C) industry, has announced a partnership with Central Analysis Bureau (CAB), a provider of risk assessment tools and data for the transportation insurance industry. Top Global Insurance & Reinsurance Brokers.Reinsurance mergers & acquisitions (M&A). ![]()
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