Setting a new standard for quality and accessibility of property data for underwriting and claim processing.
Insurance Providers
Providers are consistently faced with increasing claim carrying costs; staff labor, contracted field adjusters, third parties (engineers, consultants etc.), legal costs (settlement disputations), and more. Utilizing our data package for underwriting and property claims, insurance providers will be able to assess and bind policies remotely based off detailed and accurate property data and expedite the inspection and payment processes in the event of a claim. Access to our detailed unbiased (third-party) property data and pre-claim imaging will reduce omissions and errors.
Underwriting
Data
Need
Readily available and accurate property data.
How we help
We conduct an on-site survey to collect property data and package it in a useable form.
Visibility
Need
Ability to visually access and assess property attributes and deficiencies.
How we help.
Our 3D and VR tour, in conjunction with our property data report, provides you access to remotely ‘walk’ and assess the property, both interior and exterior, for quality, condition and risks.
Productivity
Need
Increased productivity when incurring staff shortages, high workloads, and or response deadlines.
How we help
Utilization of our services enables you to use personnel more efficiently from office or remote locations to increase work production and decrease or eliminate field labor.
Revenue
Need
Increased revenue from correct replacement cost premiums by reducing the quantity of over/under-insured properties and averting any missed opportunities for addressing any omitted special limits items or collectibles.
How we help
Our data and 3D tour can be updated annually or biennially, ensuring your clients are continuously insured to value, where their policies always reflect any needed rider/endorsement changes in coverage.
Policy Maintenance
Stability
Need
Providers are at the mercy of market conditions, which can fluctuate beyond the control measures in place to protect both them and the policyholder.
How we help
The property data and ability to easily update the 3D tour of the property via policy audits gives you what you need to make sure properties are insured to value and updated regularly.
Claim Processing
Internal Efficiency
Need
Increase production of internal and field teams and reduce the dependence on external consultants or contractors.
How we help
We assist you in decreasing the indemnity processing time. From the claim onset, you can use our data and pre-claim imaging to set accurate reserves and advance payments. With policyholder cooperation, in providing photos of damages, you can accurately estimate the claim and close it within a shorter timeframe.
Productivity
![productivity[43]](https://forefront360.com/wp-content/uploads/2023/03/productivity43.jpg "productivity[43]")
Need
Increase productivity when faced with staff shortages, high workloads, and state- mandated handling time directives.
Damage Documentation
Need
Collect photo documentation of damages during large claim events, i.e., hurricanes or high workloads, with our local team.
How we help
We can utilize localized teams to provide claim damage imaging to your personnel to facilitate the closing process and reduce the higher costs of non-local resources.
Customer Service
Need
Improve customer service rating, acquisition, and retention by eliminating communication breakdowns between contracted services, policyholders, and internal teams.
How we help
We give your personnel more time to devote to your clients and less time dealing with the delays of damage documentation and estimation. The added value of a shorter turnaround in claim payments and more personal service will lead to higher customer satisfaction and retention.
We recognize that our clients may have other needs that extend beyond our core services. We will do our best to assist with our flexible custom services or point you in the right direction.