(Image credit: Marcus Lenk/Unsplash.)

Insurity (Hartford), a provider of cloud-based software for insurance carriers, brokers, and MGAs, has announced that it is partnering with e2Value (Stamford, Conn.) to offer promotional pricing for e2Value’s valuation and replacement cost calculations for insurance organizations. e2Value has been a long-term partner of Maprisk, an Insurity company, and has a proven record of helping insurance organizations better manage risk and minimize financial losses by providing access to the most up-to-date replacement costs for commercial and residential structures.

e2Value provides web-based property valuation solutions to over 800 companies and 600,000 users. With tens of millions of calculations completed, e2Value has a proven record of helping insurance organizations grow their business footprint by attracting new customers, and retain existing clients with fast, cost-effective, and convenient valuations, according to an Insurity statement.

As a result of rising costs of building materials, insurers have felt increased pressure on insurers to be able to provide more competitive rates to their clients, the Insurity statement notes. Using patented technology, e2Value’s tools offer a review of the current state of a structure and a way to help set expectations for future business through valuation reports.

Insurity says it will be offering special promotional pricing for a limited time to its customers. Insurers who take advantage of this promotion will receive access to e2Value’s valuation and replacement cost calculation tools at a discounted price.

“We’re excited to continue our partnership with Insurity and provide our patented valuation services to their customers,” comments Todd Rissel, CEO, e2Value. “Within this partnership, Insurity customers will not only be able to provide more competitive rates to their policyholders, but they will be able to gain a more accurate picture of risk with our comprehensive valuation reports.”

Rapid, Cost-Effective and Accurate

“Having a current valuation will be one of the most important capabilities for insurance organizations, especially in our current economic landscape,” comments Kirstin Marr, Chief Analytics Officer, Insurity. “When delivering property valuations to commercial or residential clients, companies need dependable data. Integrating e2Value’s patented estimator with Insurity’s solutions can enable insurers to quickly calculate the cost of replacing a structure and provide them with a rapid, cost-effective, and accurate replacement cost valuation.”

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