Brush Claims Partners with McKenzie Intelligence Services to Accelerate Response Times to Natural Disasters
Brush Claims (Brush), an insurtech claims solution firm using innovative proprietary technology, is partnering with McKenzie Intelligence Services (MIS), a London-based geospatial data and imagery analysis intelligence leader, to help expedite incident and claims responses following catastrophic events.
As a leader in the insurance industry’s digital transformation, Brush’s partnership with MIS will provide the firm with the ability to understand when, where, and how damage occurs in real-time, ultimately further helping clients and accelerating response times to natural disasters.
The partnership will provide Brush with real-time analysis of global perils including storms, wildfires and flooding that will be leveraged alongside their suite of insurtech solutions, Hubvia, to provide the most advanced claims processing on the market. The data provided by MIS’s AI-powered platform, Global Events Observer (GEO), allows their partners to not only instantly assess but even predict damages at a time when physical access to the risk location may be limited following a natural catastrophe.
The damage predictions allow carriers to set accurate reserves and the real-time analyses allow for unprecedented accuracy and efficiency of catastrophe response plans. The innovative partnership is unlike any other: providing full, end-to-end offering, taking CAT team responses from reactive to proactive and putting the insured at the heart of the process.
“The partnering of McKenzie Intelligence Services’ Global Events Observer (GEO) and our suite of insurtech solutions, Hubvia is the first step of many to truly shift catastrophe response from reactive to proactive,” said Troy Stewart, President and Chief Operating Officer of Brush Claims. “Not only does our partnership drastically improve the claims process of our joint client partners, but it allows us to adequately prepare policyholders for how the impending catastrophe will impact them. Brush and MIS will be able to deliver an unparalleled level of service and care for clients and customers alike.”
Weather-related disasters increased fivefold over the past 50 years, according to a report by the World Meteorological Organization, which predicts disasters will only become more frequent and severe in years to come. Geospatial tools like GEO can combine with other data sources to serve as an innovative way of predicting damage to insured infrastructure and businesses, supercharging the claims process and allowing for accurate fund designation. In addition, the technology will help insurers support customers around the world during periods of crisis, whilst reducing operational costs of insurers.
“We are delighted to announce this deepening of our partnership,” said Will Bonner, Chief Operating Officer of McKenzie Intelligence Services. “Both MIS and Brush are committed to reshaping the insurance industry through the intelligent application of technology. By harnessing the combined power of GEO and Hubvia, Brush will be in a position to provide a superior, customer-focused response to both carriers and insureds when they are most in need.”
Brush and MIS will both be attending the world’s largest gathering for claims executives: Reuters Events Connected Claims USA 2022. To learn more about the partnership please visit: https://bcc457.ac-page.com/brush-claims-mckenzie-intelligence-services.
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