Insurance carriers and their adjusters can
now use HOVER's detailed exterior measurements to seamlessly create
roof and exterior plans within Symbility's platform.
TORONTO, April 12, 2018 /CNW/ - Symbility Solutions Inc.
("Symbility") (TSX.V: SY), a global software company focused on
modernizing the insurance industry and HOVER, a platform that
offers an accurate, interactive 3D model of any property, today
announced their collaboration to enable claims adjusters to quickly
generate roof or exterior property plans that facilitate creating
estimates and adjusting a claim for policyholders.
Now insurance adjusters using Symbility's cloud-based claims
management software can tap into HOVER's powerful capabilities to
receive accurate measurements needed for property claims, including
square footage and linear measurements for roofing, siding,
windows, doors, soffit, fascia and more. These exterior
measurements are automatically imported into Symbility's claims
estimating platform and converted into a highly accurate 3D roof
and exterior plan, allowing adjusters to produce an estimate in a
few clicks.
Complete virtual adjusting is also now possible by leveraging
the policyholder to take a few photos of their property. This
process eliminates unnecessary site visits and will drastically
improve cycle times.
"Our goal has always been to improve our customers' experience
by eliminating unnecessary steps in the claims process," said
James Swayze, CEO of Symbility
Solutions. "We strive to empower the insurance carriers we work
with so that they can provide a superb customer experience for each
policyholder. Policyholders will now become more engaged in their
claim with greater transparency by utilizing HOVER to gather the
information required and eliminate the need for field adjusters to
come on-site."
This new collaboration will allow carriers to complete claims at
a faster and more efficient pace than before. By combining HOVER's
accurate measurements with Symbility's estimating and process
management software, insurers will be able to resolve most claims
in a fraction of the time and for a fraction of the cost.
"With the ability to now work seamlessly with Symbility,
insurance carriers and their adjusters can resolve claims much
faster. Homeowners will be able to start repairing their property
within days rather than weeks, and insurance carriers will reduce
costs while providing a better customer experience," said
Kevin Reilley, Executive Vice
President at HOVER.
About HOVER
Founded in 2011, HOVER's original product
was used by the U.S. Military to reduce risk for personnel in
harm's way. Today, HOVER's technology is transforming a market that
has been notoriously difficult to change: home improvement. By
building the world's most comprehensive and accurate database of
physical properties, HOVER is creating the future of 3D property
data. For more information, visit www.hover.to.
About Symbility
Symbility (TSX.V: SY) believes in
creating world-class experiences that simplify business and improve
lives. With a history in modernizing insurance claims solutions for
the property and health industries, Symbility has established
itself as a partner that puts security, efficiency and customer
experience first. Symbility PROPERTY™ brings smarter thinking to
property insurance. Symbility HEALTH™ helps benefits professionals
build their brands and businesses. Our strategic services team,
Symbility INTERSECT™ empowers a variety of businesses with smarter
mobile and IoT product development strategy, design thinking and
engineering excellence. With our three segments pushing industries
forward, Symbility proves that change for the better is entirely
possible. symbilitysolutions.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
All trade names are the property of their respective owners.
View original content with
multimedia:http://www.prnewswire.com/news-releases/symbility-and-hover-collaborate-to-reduce-claims-adjusting-costs-and-decrease-cycle-times-300628460.html
SOURCE Symbility Solutions Inc.