VAVE

Vave is a fresh approach to insuring high-volume risk. It brings clarity and efficiency to the traditional delegated authority model by combining science, data and underwriting expertise in one team.

In the midst of a blurred and crowded supply chain within high-volume insurance, details can be overlooked, exposure to risk can be ambiguous and products can become obsolete.

VAVE sets out to challenge this. It brings clarity to the inefficient system of placing high-volume business by putting data before anecdote.

VAVE offers a suite of white-labelled API services that produce bindable quotes, allowing brokers to access products electronically, and bind and service them in real time. It uses complex data sets and advanced analytics to paint a detailed picture of a risk, ensuring that small, important details which can impact exposure aren’t lost. VAVE also adapts to dynamic market conditions and ensures products remain relevant to the customer.

Through automation, VAVE has improved inefficiencies in the supply chain for a quicker underwriting process at a lower cost, and with transparency throughout the whole process.

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Hear from Vave as they share their achievements over the past year and look ahead at their ambitious plans for 2022. A special thank you to our financial backers, distribution partners, analytics partners and customers who have contributed to Vave’s success. Wishing you all health and happiness throughout 2022.

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Arturo Inks Multi-Year Deal with Vave to Enhance Predictive Analytics in P&C Insurance

Vave is excited to continue its partnership with arturo.ai. Their data, property insights and predictive analysis for residential properties, helps us to understand and select the right risks in real-time. “When we began searching for a partner several years…

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Jen Patman joins Vave from Hiscox

Vave announces the appointment of Jen Patman as Flood Product Manager. Jen joins Vave from Hiscox and will start her new role in early 2022. Rob Porter, Product Director at Vave, said: “I am extremely pleased to welcome Jen…

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The insurance technology arms race

The hype about technology, analytics and the untapped value of data in the commercial insurance space is finally bearing fruit for a wide range of carriers. Tech-enabled, data-driven, automated underwriting is delivering multiple benefits. Rob Porter, Head of Product…

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The Demex Group and Vave Partner to Offer Parametric Extreme Temperature Insurance

Climate change is driving increased extreme weather, including harsh winter cold snaps and summer heat waves. Small-to-medium business owners feel this acutely – extreme temperature events result in lost revenue and unforeseen expenses in the form of higher utility…

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Flood risk drivers: Rising sea levels, extreme weather & the moon

Rob Porter, Product Director at VAVE, talks to PropertyCasualty360 about rising sea levels, helping homeowners to understand the flood risk of their properties and the importance of offering policyholders’ choice. The 2030s are expected to usher in 10 years…

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Man vs. Machine: The Big Problem With Big Data

Insurers have access to incredible amounts of information, but how to harness it to best serve their needs? How to take data analytics to the next level? Today Marek Shafer, Managing Director for Vave, joins Insider Engage’s panel “Man…

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Find about about career opportunities in VAVE on our Careers Page.

Further information:

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