Admiral Group plc announced today that it has entered into an agreement to sell its U.S. auto insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a global private investment firm dedicated to investing in the financial services industry, for an undisclosed sum. The transaction is subject to regulatory […]
Elephant Insurance Extends Relationship with CCC
CCC Intelligent Solutions today announced Elephant Insurance will extend its use of CCC technology to include its AI-powered, digital claims solutions. Specifically, Elephant will leverage CCC’s technology to help digitize and further transform total loss resolution, advancing the insurer’s ability to deliver straight-through processing across the claims experience. “Today’s drivers expect a seamless digital process […]
Elephant Insurance Selects Shift Technology for Fraud Detection
Shift Technology announced Elephant Insurance selected the company to help improve fraud detection in the P&C insurer’s claims process. According to Elephant, Shift was selected because its artificial intelligence and data science expertise helps improve the detection of fraud earlier in the claims process to avoid issuing payments on fraudulent claims and provides agents with […]
Elephant Insurance Allows Majority of Employees to Continue Working from Home Through July 2021
Elephant Insurance recently announced plans to have the majority of its employees work remotely until at least July 31, 2021. “The most important thing we can do as an employer is to keep our employees safe,” said Alberto Schiavon, CEO of Elephant Insurance. “With the uncertainly of the pandemic into the first half of the […]
Elephant Insurance Extends Work from Home for Remainder of 2020
Elephant Insurance, the U.S. subsidiary of the Admiral Group plc, one of the United Kingdom’s largest insurers, announced plans to allow employees the option of continuing to work remotely until the end of the year. Elephant provides auto insurance policies in Illinois, Indiana, Maryland, Ohio, Tennessee, Texas and Virginia. While Elephant is planning to reopen […]
Elephant Auto Insurance Appraisers Achieve I-CAR Gold Designation
Elephant Auto Insurance today announced that they have achieved the Gold designation from Inter-Industry Conference on Auto Collision Repair (I-CAR) for its claim organization. “As cars become increasingly complex, it is critical that Elephant’s appraisers are trained in the latest procedures and techniques,” said Aldo Bonacasta, Director of Auto Physical Damage at Elephant. “Elephant’s investment […]