HDI Global Leverages Verisk’s Mozart Form Composer® to Streamline Forms Management
31 May 2022 - 11:00PM
Industrial insurer HDI Global Insurance Company (HDI) will be
leveraging the cloud-based technology and advanced analytics of
Verisk (Nasdaq: VRSK), a leading global data analytics provider, to
help increase efficiency and develop innovative insurance products.
Using Verisk’s Mozart Form Composer®, Verisk’s InsurTech
platform for forms management and product development, HDI will be
able to easily find forms across hundreds of commercial and
specialty lines of business, identify language that needs to be
updated and make revisions with speed and precision.
“Ensuring that all of our policy forms are updated and easy to
access can be a major challenge,” said Marco Hensel, senior vice
president of North America underwriting services at HDI. “Verisk’s
Mozart will provide a centralized library for all of our forms and
enable us to quickly identify and prioritize revisions, manage
review processes and offer coverages that meet the evolving needs
of the marketplace.”
Mozart contains a number of features to help insurers increase
operational efficiencies and speed to market, including:
- Workflow tools to help insurers research, collaborate on shared
work and manage internal approvals
- Form analytics that use natural language processing to help
insurers identify and evaluate similarities and differences in
forms language with ease
- Automation that enables insurers to update language in multiple
forms simultaneously to enhance consistency
“We are excited for HDI to join the Mozart community to help
transform their forms management and development processes,” said
Deborah Morris, senior vice president of commercial lines
underwriting at Verisk. “Mozart makes it significantly easier for
insurers to support consistent policy language across their forms
portfolio and help minimize potentially unexpected claims or lost
premium.”
To learn more about Mozart, visit www.verisk.com/mozart.
About VeriskVerisk (Nasdaq: VRSK) provides
data-driven analytic insights and solutions for the insurance and
energy industries. Through advanced data analytics, software,
scientific research and deep industry knowledge, Verisk empowers
customers to strengthen operating efficiency, improve underwriting
and claims outcomes, combat fraud and make informed decisions about
global issues, including climate change and extreme events, as well
as political and ESG topics. With offices in more than 30
countries, Verisk consistently earns certification by Great
Place to Work and fosters an inclusive culture where all team
members feel they belong. For more, visit Verisk.com and the Verisk
Newsroom.
About HDI Global SE (HDI)HDI Global SE is a
leading international industrial lines insurer and member of the
Talanx Group. With over 3,700 employees worldwide, HDI is active in
more than 150 countries through subsidiaries and network partners.
In the United States, HDI operates through its subsidiaries, HDI
Global Insurance Company, a commercial property and casualty
insurer headquartered in Chicago, Illinois and licensed in all 50
states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands;
and HDI Specialty Insurance Company, an Illinois domestic surplus
lines insurer also authorized to write business nationwide.
HDI Global SE, HDI Global Insurance Company and HDI Specialty
hold Financial Strength Ratings of A (Excellent) from A.M.
Best.
Media Contact:
Michelle Pantina
Verisk
551-500-7327
michelle.pantina@verisk.com
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