CODEBLUE
28 coverage and evaluate damages in real-time at the loss location . At the same time , personalised assistance is provided to the policyholder so that immediate action is taken to avoid additional loss damages and to start the repair process . Manns comments , “ In the world of insurance property claims , one of the most frequent losses are water-related damages caused by broken pipes and leaks . According to the Insurance
Information Institute , this averages out at a cost of US $ 9,633 per claim .”
“ Here is a pipe break example . The insurance carrier directs the policyholder to report the loss to CodeBlue ,” says Manns . “ Through targeted questions , CodeBlue identifies loss specific details and uses a scientific algorithm in our proprietary database of 3,100 certified contractors to select the best contractor for the job . The chosen technology enabled
MARCH 2020