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ClearConnect Solutions’ ClearTrac Technologies Selected for Lloyd’s Lab Cohort | News

ClearConnect was selected among the over 150 candidates to the Lloyd’s Lab cohort. The company’s ClearTrac technological innovation provides stakeholders in the transportation and insurance industries a 360-diploma, real-time view of the hazard associated with motorists and fleets out on the road.

PURCELLVILLE, Va., April 8, 2022 /PRNewswire-PRWeb/ — ClearConnect Options, an InsurTech supplier to the insurance policy and transportation marketplaces, has been selected by Lloyd’s, the world’s primary marketplace for industrial, company, and specialty threat answers, to be part of the eighth cohort of Lloyd’s Lab. The Lloyd’s Lab ten-7 days software provides together InsurTechs, insurers, and brokers to exam out new, innovative options. The teams will be doing the job to create insurance policy goods to address the issues and problems dealing with the Lloyd’s market. ClearConnect was picked amid in excess of 150 applicants for its ClearTrac technological innovation which presents stakeholders in the transportation and coverage industries a 360-diploma, true-time perspective of the threat affiliated with drivers and fleets out on the road.

ClearConnect will join a prestigious list of current and former Lloyd’s Lab members. Considering that the development of the Lloyd’s Lab, many productive InsurTechs have pioneered goods now in use in the Lloyd’s market place. These contain Gaia, which launched a to start with-of-its-kind IVF insurance policy in February 2022 Tautona, which works by using AI to automate promises processing and Parametrix, a new business interruption policy for SME’s which introduced in 2020.

From about 150 applications to the Lloyd’s world method, just eleven productive groups had been picked to variety the future cohort of the Lloyd’s Lab, beginning on April 25, 2022. Each individual of the picked teams impressed an skilled panel of Lloyd’s and industry stakeholders when presenting their impressive insurance coverage merchandise strategies in a aggressive pitch procedure.

Scott Grandys, President and Founder of ClearConnect Remedies, remarks, “It is an honor to be picked to take part in the Lloyd’s Lab and what is regarded the coronary heart of innovation for insurance policies. We look ahead to functioning with fellow associates of the cohort to speed up and foster innovations, together with our ClearTrac solution, which will aid tackle vital troubles and issues in the sector.”

Ed Gaze, Senior Manager at Lloyd’s Lab discussed: “It is really thrilling to be welcoming the eleven successful teams to the Lloyd’s Lab for our eighth cohort. We have invited InsurTechs to address some of the most urgent problems the Lloyd’s market place faces, from supporting the changeover to a low carbon economic system to getting much better at dealing with enterprise interruption statements. We’re delighted to be functioning with some of the most revolutionary InsurTechs in the world and appear forward to looking at how they support our marketplace, prospects and society development.”

To discover more about Lloyd’s Lab visit https://www.lloyds.com/information-and-insights/lloyds-lab.

To master a lot more about ClearConnect and its ClearTrac answer check out https://www.clearconnectsolutions.com/cleartrac-360/.

Media Make contact with

Michael Gaul, Lowers Chance Team, 1 5403387151, [email protected]

Scott Grandys, ClearConnect Answers, (866) 579-0778, [email protected]

 

Resource ClearConnect