Amica Insurance Selects Weather Fusion’s HailScope to Power Custom Mapping Applications for Claims Handling
| PR Web |
Claims losses and related expenses are the most significant cost to property insurance organizations and subsequently have the largest impact on underwriting profits. It is important to an insurance company's viability that the claims process be effective and efficient. Amica developed custom mapping applications using the Esri ArcGIS platform (Graphical Information System) and overlays HailScope and other critical weather information to evaluate how different perils are affecting their policyholders in real-time.
“Using GIS technology allows us to be much more proactive in our response to policyholder claims after events like tornados and hail storms,” said
The server-based mapping system was deployed to the Amica claims team in April of 2013. A targeted application with real-time feeds is used by managers and supervisors to spot events that could result in an influx of claims. Claim Representatives, adjusters and supervisors use interactive maps within the claims management system to show the proximity of the individual insured risk to the event that caused the claim.
“Insurance carriers need reliable weather verification when evaluating claims,” said
Giuliano then continued, “When Amica first approached us about incorporating hail verification into their claims process, they wanted to confirm HailScope’s accuracy. After engaging in extensive testing to evaluate HailScope against other data sources, Amica has now selected Weather Fusion as its vendor for hail verification. We are proud to have been selected by such a customer-driven carrier as Amica.”
# # #
About Weather Fusion
Weather Fusion focuses exclusively on providing innovative weather verification services. The insurance and construction industries rely on Weather Fusion’s HailScope™ technology as the standard to inform their decision-makers regarding severe hail storms, both past and present. Weather Fusion is currently developing new technologies and product solutions for hail and other weather perils. Please visit: http://www.weatherfusion.com.
About
Media Contact:
Vice President, Operations
405-217-0133
nicole.giuliano(at)weatherfusion(dot)com
Media Contact:
Corporate Communications
800.652.6422 Ext 24563
Read the full story at http://www.prweb.com/releases/2013/8/prweb11075752.htm
| Copyright: | (c) 2013 PRWEB.COM Newswire |
| Wordcount: | 546 |


Advisor News
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
More Advisor NewsAnnuity News
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
More Annuity NewsHealth/Employee Benefits News
- 94% of Americans say Congress must act on health care costs
- They harvest the nation’s food, but a new rule may strip them of health insurance
- NEW DATA SHOWS 5 MILLION AMERICANS LOST HEALTHCARE THANKS TO GARRITY-BACKED CUTS
- Get Your Kids Ready to Go Back-to-School with Affordable Health Coverage
- STACY GARRITY SUPPORTS SKYROCKETING HEALTHCARE COSTS AND 160,000 PENNSYLVANIANS LOSING THEIR HEALTHCARE
More Health/Employee Benefits NewsLife Insurance News
- How can more Americans achieve financial independence?
- AM Best Assigns Credit Ratings to MAAGAP Insurance Inc.
- Critical care riders: the living benefit more clients should understand
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
More Life Insurance News