(Excerpt from DropIn video on YouTube. See link below.)
Majesco (Morristown, N.J.) has announced a strategic partnership with DropIn, Inc., a Los Angeles-based provider of an on-demand live video platform for auto and home insurance, using smartphones and drones. In addition to its core platform, DropIn has access to a crowdsourced independent contractor network of 60,000 Droperators and 1100 drone pilots, smartphone users who capture on-demand live video streams, and photos for insurance professionals, according to a Majesco statement.
DropIn’s solution has been pre-integrated with Majesco’s CloudInsurer cloud-based core system offering through the Majesco DigitalConnect platform. This will enable Majesco to offer what it calls advanced, innovative claims capabilities that will enhance and streamline the claims experience for the vendor’s insurer customers.
Majesco reports that the two companies will work to identify joint business opportunities with new and existing clients, focused on helping Majesco customers further innovate claims using these emerging technologies and methods. The vendor suggests that the new capabilities will appeal to new insurance greenfields and startups.
“Insurers can benefit from operational efficiencies, better underwriting and claims handling by integrating emerging technologies that leverage streaming video, drones and crowdsourcing, with their core software,” comments Prateek Kumar, EVP, P&C Business, Majesco. “Majesco’s investments in the InsurTech ecosystem gives our CloudInsurer customers the benefit of taking advantage of newer capabilities in a plug and play mode.”
Live Video Via Crowdsourcing
“As a startup within the insurtech ecosystem, we are excited to be partnered with Majesco and embedded within the Majesco CloudInsurer and DigitalConnect platform,” says Alex Kim, COO, DropIn. “To introduce live video via crowdsourcing and drones as part of the customer engagement is the start of a digital evolution for the clients of Majesco and DropIn, enabling innovation and change.”