ClaimTouch

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ClaimTouch
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The Next Generation of Claims

 

ClaimTouch brings speed, efficiency & accuracy to property insurance claims

 

Seamless Experience
Efficient Processing
Accurate Settlement

How ClaimTouch Works

 

 

 

1

 

Submit

 

Policyholders, adjusters and claim vendors effortlessly submit claims through our user-friendly interface - or imports unstructured claims data.

 

 

2

 

Process

 

Our AI analyzes claims in real-time, offering data-driven insights to help adjusters process claims efficiently.

 

 

3

 

Settle

 

Quick and accurate resolutions with increased policyholder satisfaction and real-time analytics.

 

 

 

 

Benefits
Reduced Claim Processing Time
Improved Customer Experience
Increased Accuracy
Seamless Workflow & Improved Collaboration
Optimized Reycling & Lowered CO2 Emissions

 

 

 

ClaimTouch Solutions:

 

 

 

 

FNOL

 

ClaimTouch's adaptive First Notice of Loss effectively captures and structures comprehensive claim data by enabling policyholders as well as agents to report the claim directly through any device.

 

 

 

 

 

 

 

Fraud Check

 

ClaimTouch's home property fraud check solutions help optimize the claim journey by combining primary claim data with proprietary ClaimTouch data, including behavioral data, to create an end-to-end risk assesment of the claim.

 

 

 

 

 

 

 

 

Contents

 

ClaimTouch's content solution leverages modern technology to bring speed, accuracy and efficiency to the content claims workflow; inspection, inventory, pricing and settlement.

 

 

 

 

 

 

 

 

Sustainability

 

ClaimTouch's home property sustainability solution helps optimize the recycle process in the home property & content claim workflows, generating quantified sustainability measures and reduced emissions.

 

 

 

 

 

 

 

Analytics

 

ClaimTouch's home property analytics automatically combines the primary claim data from the property claim workflow with multiple external data sets to help generate granular insights that enables predictive modelling and data driven decissions across claims, underwriting, risk, and acturial.

 

 

 

 

 

 

Why Choose ClaimTouch?

 

 


Gen AI-Powered Processing


Leverage advanced generative AI to automate and accelerate claims processing.

 

 


Enhanced Security


Advanced encryption and compliance with industry regulations.

 

 


24/7 Availability


Access your claims anytime, anywhere with our cloud-based solutions.

 

 


Advanced Analytics


Gain actionable insights with our powerful reporting tools.

 

 


Collaborative Platform


Seamlessly connect adjusters, policyholders, and service providers.

 

 


No Integration


No integration needed, however workflows can be customized to fit your unique business process.

 

 

The ClaimTouch Ecosystem

 

 


✓ ClaimTouch helps the P&C industry leverage modern technology to bring speed, accuracy and transparency to the property & contents claim process.

 


✓ We believe that the next generation of claims is generated by having modern technology and humans work together.

 


✓ Our solutions compliments current processes and solutions, rather than compete with or replace existing solutions.

 

 

ClaimTouch Enabled Adjusters

ClaimTouch Enabled Adjuster Policyholders Pricing Fraud Alert Claim Vendors Settlement Inventory Analytics Inspection

 

 

 

What Our Clients Say

 

 

 

“Having all files related to the claim structured in one place saves us significant time and provides a better experience for the insured.”

Adjuster with 20+ years of experience

 

 

“I like how ClaimTouch conducts an instant and automatic accuracy check. This provides me with peace of mind and enable us to close claims quicker.”

VP Property Claims

 

 

“Offering ClaimTouch’s user friendly, advanced technology to our customers will simplify and streamline the process for our policyholders and our Claims team.”

Chief Claim Officer

 

 

 

 

 

Our latest Insights & Whitepapers

 

 

The Talent Gap in Claims Management: How Leading Carriers are Bridging the Gap

 

The US insurance industry is facing a significant challenge due to an increasing shortage of skilled workers. The US Bureau of Labor statistics predicts that 400,000 workers will leave their jobs by 2026 while many carriers report that 1/3 of their workforce is set to retire within 5 years...

 

 

 

How Big Data & AI help improve accuracy in content claims

 

Working with insurers, ClaimTouch has applied Big Data and AI to discover significant lack of accuracy in the content claim workflow. By analyzing millions of data points across several states, similar patterns for a variety of insurers have been identified...

 

 

 

Shining the light on a significant leakage opportunity for the P&C personal lines insurers

 

Personal lines combined ratios worsened in the first half of 2023 as natural catastrophies and inflation continued to pressure results. Homeowners' claim costs increased by 36% YoY in 1H 2023, driving the direct loss ratio (excluding LAE) to 82% - the highest in over a decade. With a projected combined ratio of 105%+ for 2023, the industry combined ratio will have exceeded 100% for five of the last six years...

 

 

 

For Clients Only: ClaimTouch Content Claim Value Map

 

Leveraging our comprehensive experience of working with leading carriers across people, process and technology aspects in the homeowner and content claim vertical, ClaimTouch has defined the first version of the “Homeowner Content Claim Value Map”. The value map breaks down the workflow and provides suggested improvements and KPIs across the workflow – helping claim leaders define a baseline and measure performance...

 

 

 

 

Team

 

ClaimTouch is powered by a team of seasoned claim professionals, innovative tech entrepreneurs, and experienced insurance industry executives. Our team's expertise encompasses a broad spectrum, ranging from insurtech claim automation and property claim adjusting to the development of cutting-edge technologies. With a rich background in the property and casualty (P&C) insurance sector and a deep understanding of the property claim vertical, ClaimTouch's leadership is driving transformative solutions in the insurance technology industry, marked by efficiency and excellence.

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Are you ready for the next generation of claims?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


ClaimTouch