(Image credit: Alan Villegas/Unsplash.)
As part of an ongoing focus to improve claims-handling workflows, American Farmers & Ranchers Mutual Insurance Company (AFR Insurance, Oklahoma City) has adopted Verisk’s (Jersey City, N.J.) property claims-handling solutions, according to a statement from the global data analytics provider.
AFR Insurance will use Verisk’s property claims-handling ecosystem to help rapidly assign, inspect and settle property and contents claims; monitor and analyze company performance; and get valuable insight on severe weather events, the statement asserts. Through Verisk’s solutions—including Xactimate, XactContents, XactAnalysis and Verisk Benchmark—AFR Insurance will enhance its claims assignment processes and streamline claims inspections and estimating, the vendor says.
“After reviewing available products, we came to the conclusion that Verisk’s claims solutions offer the most diverse functionality and greatest flexibility of any currently on the market,” comments Darin Miller, Director of Claims, AFR Insurance. “By incorporating these solutions into our workflows, we are able to process claims efficiently and effectively, better serving our policyholders.”
Making the Claims Journey Faster and Easier
Verisk reports that it offers insurers insights, helps improve underwriting and claims outcomes, strengthens operating efficiency and combats fraud. Among its solutions, the vendor says it offers computer software solutions for professionals involved in estimating all phases of building and repair.
“AFR Insurance is an exemplary insurance organization that cares deeply about its policyholders,” says Mike Fulton, president, Verisk property estimating solutions. “We welcome the opportunity to work with them and collaborate on ways to continually make the claims journey faster and easier for all parties involved in the process.”