Insurance carriers and adjusters can now
access HOVER's powerful data package directly within Symbility's
platform to process claims accurately and at faster speeds.
TORONTO, Oct. 2, 2018 /CNW/ - Symbility Solutions (TSX.V:
SY) ("Symbility"), a global software company focused on modernizing
the insurance industry, and HOVER, a platform that provides an
accurate, interactive 3D model of any property, today announced
their full product integration. The integration enables insurance
adjusters using Symbility's cloud-based claims management system to
pull in HOVER's powerful data package, including exterior and roof
diagrams, photos and detailed exterior measurements, to process
claims quickly and with high accuracy.
"Our goal has always been to improve our customers' experience
by eliminating unnecessary steps in the claims process, helping
both carriers and their policyholders resolve claims as quickly as
possible," said James R. Swayze, CEO
of Symbility Solutions. "HOVER provides accurate, current, and
complete 360-degree view of a property. With this level of detail
readily available within the Symbility platform, every carrier and
insurance adjuster can ensure a quick and accurate claims
process."
This robust integration has shaved approximately 25-50 percent
off claims processing times, depending on the complexity of the
claim, allowing adjusters to increase the numbers of claims they
can address daily and policyholders to start repairing their
property within hours rather than days or weeks.
The integration will also bring the insurance industry a step
closer to virtual adjusting by having the insured take a few photos
of their property using the HOVER app. By engaging the homeowner,
unnecessary site visits can be eliminated, reducing adjusting costs
while drastically improving cycle times and resulting in a better
customer experience.
"HOVER is the only solution on the market that identifies all
materials on a building and extracts every line type on both the
roof and elevations that are needed to complete an estimate with
maximum accuracy," said Kevin
Reilley, Executive Vice President at HOVER. "HOVER's dataset
working seamlessly within Symbility allows insurance carriers and
adjusters to process more claims faster."
Symbility and HOVER will host a webinar October 30, 2018 at 1:00pm
ET, 10:00am PT, detailing how
organizations can take advantage of this product integration to
reduce cycle times and provide better customer service. All
interested parties can register for the free event at:
https://symbility.webex.com/symbility/onstage/g.php?MTID=eceace6c0ae86aed78985b5f3b8c4ce93
Watch the official video:
https://embed.vidyard.com/share/LSez5gkJysaJZTpkfG5pBT
If you are carrier or an adjuster and like more information on
this partnership feel free to reach out to support@hover.to or
account.specialist@symbilitysolutions.com.
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 PROPERTYâ„¢ brings smarter thinking to property
insurance. Our strategic services team, Symbility INTERSECTâ„¢
empowers a variety of businesses with smarter mobile and IoT
product development strategy, design thinking and engineering
excellence. We push industries forward and prove 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.
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SOURCE Symbility Solutions Inc.