Planitar Inc. and Verisk Join Forces to Revolutionize Insurance Adjusters' Workflow with iGUIDE Instant Sketch
28 August 2023 - 8:00PM
Business Wire
Planitar Inc., the creators of iGUIDE, and Verisk (Nasdaq: VRSK)
announced today a strategic integration aimed at accelerating the
insurance industry's claims process.
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the full release here:
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Planitar Inc. and Verisk join forces to
revolutionize insurance adjusters' workflow with iGUIDE Instant
Sketch. (Photo: Business Wire)
Leveraging the market-leading technology of both providers, the
collaboration introduces a groundbreaking solution, iGUIDE Instant
Sketch.* This integration of iGUIDE and Verisk’s Xactimate platform
is designed to enable insurance adjusters to process claims with
unprecedented accuracy, speed and increased efficiency.
Planitar is a proptech company providing a secure solution for
comprehensive pre- and post-loss property documentation. Verisk is
a leading global data analytics and technology provider to the
insurance industry.
iGUIDE Instant Sketch is designed to significantly improve the
accuracy and speed of creating a comprehensive property loss
documentation package. The product fully automates the floor plan
sketch creation, an essential first step in the claims and
restoration process. By combining optical imaging, laser (Lidar)
measurements and deep learning AI technology, the iGUIDE Instant
Sketch product provides the insurance industry with an essential
tool to document an interior loss more quickly, consistently and
comprehensively.
Planitar’s iGUIDE technology can automatically create room(s) or
entire floor plan drawings and translate those directly to a
Sketch™ within the Xactimate software platform in minutes.
Saving Time with Accuracy
This solution can help eliminate hours spent manually measuring,
photographing and annotating property damage, helping to streamline
the initial claim estimating process. AI-generated floorplans
improve the accuracy and consistency of claim sketches used to
create replacement material estimates.
As an added benefit, insurance and restoration professionals can
use iGUIDE Real-Time Tagging, and the iGUIDE 3D virtual
walk-through to organize and augment the evidence report package
they give to carriers.
"We are excited to announce our collaboration with Verisk to
introduce iGUIDE Instant Sketch to the insurance industry.
Together, we're taking a significant step towards transforming the
insurance claims process. By combining our comprehensive property
documentation solution with Verisk's data analytics expertise,
we’re offering insurance adjusters a seamless and high-speed
workflow that reduces time spent on data collection and sketching
by 90 percent or more,” explains Alexander Likholyot, the CEO of
Planitar Inc.
An insurance adjuster can now estimate or share a claim in
Xactimate with an automated Sketch™ workflow before they even leave
the property.
"Our collaboration with Planitar brings an unparalleled
opportunity for insurance adjusters to leverage technology from our
ecosystem partners together with the power of the Xactimate claims
processing platform. Together, we’re working to simplify the claims
Sketch™ process, improve the quality of loss documentation and
enhance adjusters’ productivity,” explained Aaron Brunko,
president, Property Estimating Solutions, Verisk. “We are proud to
be at the forefront of this transformation and of our commitment to
an open ecosystem designed to drive efficiency and deliver
solutions that make a real difference for our customers."
Lubricating the moving parts of a claims process while
benefiting both adjusters and policyholders alike, iGUIDE Instant
Sketch (BETA) is available to insurance and claims professionals.
Interested parties can visit goiguide.com/insurance-restoration to
learn more.
*Please note that iGUIDE Instant Sketch is currently in BETA.
The machine-generated sketch quality relies on the input data the
camera operator provides. Although iGUIDE and Verisk aim for
typical file delivery in Xactimate within minutes, this timeframe
may vary depending on load factors, such as after a catastrophic
loss event.
About Planitar
Founded in 2013 in Kitchener, Ontario, Canada, Planitar Inc. is
the maker of iGUIDE, a proprietary camera and software platform for
capturing and delivering immersive 3D virtual tours and extensive
property data. iGUIDE is the most efficient system to map interior
spaces and features accurate floor plans, measurements and reliable
property square footage. By integrating floor plans and visual
data, iGUIDE provides an intuitive and practical way to navigate
and explore built environments digitally. For more, visit
goiguide.com.
About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and
technology partner to the global insurance industry. It empowers
clients to strengthen operating efficiency, improve underwriting
and claims outcomes, combat fraud and make informed decisions about
global risks, including climate change, extreme events, ESG and
political issues. Through advanced data analytics, software,
scientific research and deep industry knowledge, Verisk helps build
global resilience for individuals, communities and businesses. With
teams across more than 20 countries, Verisk consistently earns
certification by Great Place to Work and fosters an inclusive
culture where all team members feel they belong. For more, visit
Verisk.com and the Verisk Newsroom.
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version on businesswire.com: https://www.businesswire.com/news/home/20230828858271/en/
Planitar Inc. Media Contact Skylar Lawrence-LeBel
647-455-0585 skylar@planitar.com
Verisk Media Contact Michelle Pantina 551-500-7327
michelle.pantina@verisk.com
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