And it’s in Canada….
Last year, Solera announced the acquisition of enservio, the market leader in property contents software and services for the insurance and homeowner marketplace.
enservio helps claims professionals work smarter and faster. The product portfolio consists of three core offerings;
- Contents Valuation Platform: the collaborative, SaaS environment allows policy holders to upload and create contents inventory lists. When required, adjusters can work with policyholders over the platform to achieve fast, accurate and consistent values for contents. It also includes a comprehensive payment platform to expedite payments up to 3X faster.
- Contents Claims Services: enservio can provide onsite inventory creation and forensic reconstruction of non-restorable contents to transcription, desk appraisal, contents valuation services, payment and replacement to speed the claims settlement process.
- Fraud Detection and Analytics: tap into the world’s largest contents data warehouse to identify potentially fraudulent claims in real-time prior to settlement using a scoring tool as well as standardize data sets based on 11 years of enservio data.
To date, top US insurers are experiencing a boost in workforce efficiency by as much as 85% and at the same time are achieving contents loss ratio improvements of over 2%. The platform has already processed over $10B in claims settlements with current volumes exceeding $2B annually.
We have been working the past few months on our Canadian market needs and are pleased to announce our initial enservio release of Contents Valuation is now available for trial.
The enservio acquisition delivers on Solera’s mission to expand from the garage into the home by offering the most powerful asset management and risk protection technologies that are important to our ways of life. Contact Audatex for a demo today!