Transforming Insurance: Kennedys IQ and Solomonic Unite to Revolutionize Litigation Data Integration
In a significant development for the insurance industry, Kennedys IQ has announced a strategic partnership with Solomonic, a leading litigation analytics firm. This collaboration aims to revolutionize the management of litigation risk throughout the insurance lifecycle, addressing the increasing demand for external data to enhance risk visibility.
Enhancing Litigation Risk Management
The partnership between Kennedys IQ and Solomonic is poised to transform how insurers evaluate and manage risk. By integrating Solomonic’s litigation data with Kennedys IQ’s advanced analytics in event detection and policy wording, this collaboration seeks to create a more transparent and explainable framework for assessing risks during key phases such as:
- Policy issuance
- Policy management
- Policy renewal
Innovative Technology Solutions
Kennedys IQ specializes in technology-driven solutions for insurers, focusing on:
- Claims handling
- Risk evaluation
- Legal automation
The introduction of the SmartRisk Machine Intelligence platform in March 2025 represents a significant leap forward, enhancing the analytical capabilities of Kennedys IQ with contextual risk analysis.
Collaboration for Deeper Insights
Solomonic is recognized for providing precise litigation analytics, which empower legal professionals and insurers to make informed decisions based on comprehensive court data and trend insights. This partnership builds on previous research funded by Innovate UK and developed in collaboration with prestigious institutions such as University College London and the University of Manchester.
By integrating litigation data into the SmartRisk platform, Kennedys IQ aims to provide insurers with deeper, actionable insights that will enhance underwriting accuracy and reduce claims uncertainty.
Expert Insights on the Partnership
Kennedys IQ’s Chief Product Officer, Karim Derrick, expressed enthusiasm about the collaboration, stating, “Bringing litigation data into the IQ Platform will enable our clients to gain deeper insights into the world around them. With the combination of SmartRisk Machine Intelligence, we can avoid data overload and deliver contextual analysis.”
Similarly, Peter Nussey, Chief Revenue Officer at Solomonic, highlighted the partnership’s potential, saying, “We’re thrilled to expand the use of our data into domains where its value can be harnessed. Collaboration and continued innovation will empower our clients to drive greater impact within their businesses.”
Conclusion
This partnership between Kennedys IQ and Solomonic marks a significant milestone in the insurance sector, promising to enhance litigation risk management through data-driven insights. For more information on Kennedys IQ’s innovative solutions, visit their official website.
