(Image source: Kin claims page.)
Kin, a Chicago-based insurance technology company seeking to simplify home insurance in disaster-prone areas across the country, has selected Snapsheet (Chicago) Claims platform to enable an automated digital experience, omnichannel engagement, and end-to-end claims management from electronic first notice of loss through settlement.
Kin, which recently completed a $35 million Series B funding round, selected the Snapsheet Claims platform to enable an automated digital experience, omnichannel engagement, and end-to-end claims management from electronic first notice of loss through settlement, according to a Snapsheet statement.
With a direct-to-consumer model and a mission to transform home insurance, Kin describes its market approach as leveraging thousands of property data points to customize coverage and prices through a simple user experience. Kin’s expanding footprint extends across Florida and soon California, with the proposition of affordable coverage for homeowners in areas prone to extreme weather.
The Snapsheet Claims platform, which the vendor describes as cloud-native, is designed to deliver faster, better experiences by digitizing the entire claims process, from omnichannel intake of FNOL to data and technology assisted investigation and claim assessment, all the way through digital payment processing for settlements, according to the Snapsheet statement. Designed based on Snapsheet’s experiences with more than 90 carriers, the platform’s flexible, configurable approach allows insurance partners to rapidly change the claims experience through the use of technology, the company says.
“We’re changing how home insurance is done, and this strategic collaboration with Snapsheet infuses additional innovation into our approach,” comments Sean Harper, CEO, Kin. “Snapsheet’s claims management platform is at the forefront of technology, backed by a decade of proven results. By quickly enabling the automation of workflows, omnichannel engagement, and the ability to capture unique data and analytics, this partnership bolsters our growth by creating new efficiencies and better customer experiences.”
Making Homeowners Insurance Simpler
“It’s an honor to team up with Kin as they continue their journey of innovation and growth,” comments Brad Weisberg, CEO and founder, Snapsheet. “We’re proud to provide Kin with an automated, end-to-end platform that streamlines operations and powers a digital experience that makes home insurance simpler for people across the country.”
Snapsheet’s global customer base ranges from the world’s largest insurance carriers such as Zurich to sharing-economy disruptors like Outdoorsy and Insurtechs like Clearcover and Kin.