STOCK TITAN

EMPLOYERS® Workers' Compensation API Live on Dyad's ACE-HUB

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Dyad, a leading insurance software provider, has announced that EMPLOYERS, a specialty workers' compensation insurer, is now connected to Dyad's ACE-HUB via API. This integration allows Dyad's customers immediate access to EMPLOYERS' Workers' Compensation products through the ACE-HUB platform.

ACE-HUB is Dyad's proprietary, cloud-based solution that serves as a single connection point for multi-carrier data exchange, linking carrier markets to distribution channels via API. The platform supports quoting, binding, issuance, and downloads, with over 40 markets currently connected.

Both companies expressed satisfaction with the successful integration, highlighting the project's efficiency and the expanded access to Workers' Compensation products for Dyad's customers.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction

-1.75%
1 alert
-1.75% News Effect

On the day this news was published, EIG declined 1.75%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BOSTON, Aug. 12, 2024 /PRNewswire/ -- Dyad, a leading insurance software and services provider, announced today that EMPLOYERS, a specialty provider of workers' compensation insurance and services, is now connected with Dyad's ACE-HUB via API. Dyad's current customers will access EMPLOYERS' Workers' Compensation products via ACE-HUB immediately and the product will be available for others as needed.

Dyad's ACE-HUB is a proprietary, cloud-based single connection point for multi-carrier data exchange that connects carrier markets to their distribution channels via API for quoting, binding, issuance, and downloads. Over 40 markets are connected to ACE-HUB.

"The project to connect our API into ACE-HUB was a success," said Chris Champlin, Vice President of Digital Sales at EMPLOYERS. "We are impressed with what the team at Dyad has done with ACE-HUB."

"We are very excited that EMPLOYERS is now connected to ACE-HUB," said Ryan Bosworth, Chief Sales Officer at Dyad. "The project exceeded expectations, and we are excited to enable our customers to access their Workers' Compensation products."

About Employers Holdings, Inc.
Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services (collectively "EMPLOYERS®") focused on small and mid-sized businesses engaged in low-to-medium hazard industries. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, creating safer work environments.

EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers' compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.

EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A - (Excellent) by A.M. Best. Not all companies do business in all jurisdictions.  EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.

About Dyad, Inc.
Dyad delivers software and services that simplify insurance processing and distribution. We have redefined insurance technology by continuously improving our solutions, ensuring our customers can focus on growing and evolving their business, delivering superior customer service, and developing valuable insight into their business. Retail agencies, wholesalers, agency networks, program administrators, MGAs, and carriers benefit from our solutions. For more information about Dyad, go to dyadtech.com.

Media Contact:
Beth Bartlick
VP, Marketing
Dyad, Inc.
860-212-5799
beth.bartlick@dyadtech.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/employers-workers-compensation-api-live-on-dyads-ace-hub-302219013.html

SOURCE Dyad, Inc

FAQ

What is the significance of EMPLOYERS connecting to Dyad's ACE-HUB?

The connection allows Dyad's customers immediate access to EMPLOYERS' Workers' Compensation products through the ACE-HUB platform, streamlining the insurance process and expanding product availability.

How many insurance markets are connected to Dyad's ACE-HUB?

Over 40 insurance markets are currently connected to Dyad's ACE-HUB platform.

What functions does Dyad's ACE-HUB support for insurance transactions?

ACE-HUB supports quoting, binding, issuance, and downloads for insurance transactions between carrier markets and their distribution channels.

When did EMPLOYERS' Workers' Compensation API go live on Dyad's ACE-HUB?

The press release announcing the integration was dated August 12, 2024, indicating that EMPLOYERS' Workers' Compensation API went live on or shortly before this date.
Employers Hldgs Inc

NYSE:EIG

EIG Rankings

EIG Latest News

EIG Latest SEC Filings

EIG Stock Data

947.19M
22.02M
Insurance - Specialty
Fire, Marine & Casualty Insurance
Link
United States
RENO