4 Ways to Speed Up the Insurance Restoration Process

KATHRYN BRILL | November 12, 2019

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The busy season for insurance restoration can be a chaotic time. Work starts coming in all at once, and your crews are juggling multiple projects. Meanwhile, your field team is trying to close more sales, meet with more homeowners and get paid quickly. This hectic period is no time for delays or slowdowns. But in the course of your work day, you can run into many speed bumps. Paperwork can get lost or misplaced.

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Wrisk

Wrisk is on a mission to change the way people think about and buy insurance. We see the need for insurance to be connected to our lives, devices and to treat us as individuals. Our aim is to make getting insurance as easy as possible, for as many as possible. Which is why we’ve designed Wrisk from the ground up – to deliver cover that’s simple and personal to you. All in single app.

OTHER ARTICLES

7 Business Models of the Future for Insurers

Article | March 18, 2020

The insurance industry continues to be an enabler of innovation. Since its creation three centuries ago, it has become an essential part of the global economy — providing security and resilience to businesses and individuals alike. But the fundamentals of how it operates have barely changed. As we enter a new decade, the industry must reflect the reality of the needs of today’s businesses and society. Large commercial insurers and reinsurers, in particular, have an increasingly urgent imperative to realign their organizations and modify their offerings to include stronger preventive services against new and evolving threats, including climate change and cyber risk. There is a huge opportunity. Our latest NextWave Insurance report reveals that, should the industry act now, an unprecedented growth and profitability spike is within reach. By 2030, we project that large commercial insurers and reinsurers could experience:

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How Will COVID-19 Affect Insurtech

Article | March 18, 2020

It is common knowledge that there is virtually no industry that has been immune to the effects of COVID-19. The global pandemic has caused massive shifts in individual and industrial behavior and will continue to do so in the months, if not years, to come. The P&C industry, like many others, is reeling from the effects of the virus. Amidst all these events, it is important to assess how the insurtech industry is going to be affected by COVID-19.

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Business insurance coverage in the COVID-19 era

Article | March 18, 2020

Businesses globally are reeling from the multiple impacts of COVID-19: lost revenue, expanded workers’ compensation claims, and potential third-party liability, to name a few. As the losses grow and uncertainty continues, businesses are turning to their insurers for coverage. Whether and to what extent coverage will be available will depend on the facts, the science, the law, the policy, and, inevitably, the courts.

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How Big Data is Impacting Client Expertise in Insurance Industry?

Article | March 18, 2020

Big data has helped the financial services industry, including with the insurance industry, evolve like never before. Maximum count of traditional insurers and insurance corporations are preferring big data analytics to boost client expertise. Moreover, insurers are utilizing massive big data to its fullest capability or are there scope to try and do more? The insurance regulator has already allowed a sandbox, a mechanism to promote and facilitate innovation, and currently, the Federal Reserve Bank of Asian country has planned a sandbox for fintechs. Disha Sanghvi asks specialists if this may cause higher utilization of massive information and a lot of innovation within the insurance space.

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Spotlight

Wrisk

Wrisk is on a mission to change the way people think about and buy insurance. We see the need for insurance to be connected to our lives, devices and to treat us as individuals. Our aim is to make getting insurance as easy as possible, for as many as possible. Which is why we’ve designed Wrisk from the ground up – to deliver cover that’s simple and personal to you. All in single app.

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