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CloudCommerce Inc. (CLWD) Inks Marketing Contract with Insurance Powerhouse Starr Insurance Companies

  • Starr Insurance Companies, an insurance and investment powerhouse organized under the laws of Switzerland with offices on five continents, has contracted with CloudCommerce for data, messaging and digital marketing services
  • Texas-based CloudCommerce offers end-to-end marketing solutions to help clients understand their customers’ interests and how to attract new customers with similar interests
  • The company’s artificial intelligence enhanced marketing solutions and research tools are organized under CloudCommerce’s science and behavior platform, SWARM
  • SWARM is a suite of solutions built on the metaphor of bee industriousness, serving as an example of the flagship suite’s ability to go out and gather information and bring it back to base to be digested and made available to end users

Business data technology company CloudCommerce Inc. (OTCQB: CLWD) is welcoming a new client to its family of data, messaging and digital marketing services under an agreement that will be effective over the next 12 months.

Insurance and investment powerhouse Starr Insurance Companies is asking CloudCommerce to help drive incremental sales growth by leveraging CloudCommerce’s digital marketing channels, drawing on the core capabilities of its wholly owned subsidiaries.

Cloud Commerce has been extending its potential to build business success stories through the development of advanced data science, behavioral science, artificial intelligence and market research techniques (http://ibn.fm/IgE1Y). Cloud Commerce’s outreach provides custom audiences for a strong variety of business activities.

The company is preparing to offer Tier II preferred stock through a filing with OTC Markets, asking $25 per share at the commencement, according to a September news release (http://ibn.fm/OFGh1).

Cloud Commerce launched its flagship service, an end-to-end data science and market behavior solution called SWARM, in July. SWARM draws on its AI and research tools to help businesses understand their customers’ interests and to develop new customers by locating consumers with similar interests. It provides solutions on marketing decisions and messages and helps businesses foster existing consumer trends for ongoing revenues strength (http://ibn.fm/XDLEo).

SWARM’s collective of marketing solutions is fashioned after the metaphor of beehive industriousness. Its tools go out to gather information from practically everywhere and brings it home to be digested and put to nourishing use. BUZZ is SWARM’s AI solution to deep dive market research analyzing customer data, social media activity and micro and macro trends. HIVE is its solution for targeting appropriate audiences, attracted by cultural “tribe” commonalities instead of geography-based catch-alls. And HONEY turns the core data into something that the user can utilize and digest in turn.

SWARM’s usage fees provide the company’s ongoing revenue, flexibly adapted to a client’s hourly or monthly needs. The company also obtains revenue from fees for designing, building and executing on digital marketing campaigns.

Starr Insurance Companies is a marketing name for Starr International Company, Inc.’s insurance and travel assistance companies and its subsidiaries, as well as for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr provides property, casualty and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance (http://ibn.fm/uV2wU).

For more information, visit the company’s website at www.CloudCommerce.com

NOTE TO INVESTORS: The latest news and updates relating to CLWD are available in the company’s newsroom at http://ibn.fm/CLWD

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