Insurance

How Drone Technology Is Transforming the Insurance Industry
How Drone Technology Is Transforming the Insurance Industry 1024 576 Madeline McBeth

Though drone proliferation throughout the insurance sector might still be in its nascent stages, companies who have employed drones are moving away from hands-on, time-intensive methods, minimizing exposure to dicey work conditions, enhancing resource allocation, reducing fraud, and trimming core transaction processing. In fact, according to Deloitte, drone technology has the potential to help save…

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Preflight Planning Tips for Better Drone Inspections
Preflight Planning Tips for Better Drone Inspections 1024 576 Ivy Gray

Using an automated drone solution like IMGING decreases the time it takes to perform roof inspections, and with better flight planning, you can save even more time. Plan Your Flight in IMGING Begin by creating a new job in IMGING. This is where you will map the flight, schedule the job, and assign the job…

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MetLife Prepares for the Storms of Tomorrow With IMGING
MetLife Prepares for the Storms of Tomorrow With IMGING 1024 576 Ethan Kirk

Storm season is always demanding for insurance carriers. But 2017 was something unique. In August of that year, Hurricane Harvey formed in the Atlantic. Its power peaked as it made landfall in Southern Texas, displacing tens of thousands while leaving devastation in its wake. Hurricane Harvey makes landfall. In the aftermath of one of the…

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3 Reasons Why Carriers Trade Ladder Assist for IMGING On Demand
3 Reasons Why Carriers Trade Ladder Assist for IMGING On Demand 1024 576 Madeline McBeth

Economic instability, an unpredictable climate, increasingly strong storms, shifting customer expectations and fierce competition. The insurance industry is not immune to changing times, but it is ripe for innovation. Ever-evolving market needs require adaptation for survival and now more than ever, insurance companies are re-thinking claims strategies, technology implementation, how to increase productivity, and ways to…

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The Hanover Insurance Group to Leverage Loveland Innovations’ Drones, Technology to Enhance Claims Service
The Hanover Insurance Group to Leverage Loveland Innovations’ Drones, Technology to Enhance Claims Service 1024 573 Ethan Kirk

  Pleasant Grove, UT, July 17, 2019 – Loveland Innovations, the leading provider of data analytics and technology solutions for insurance, today announced it will provide The Hanover Insurance Group with drone and technology capabilities, helping the company provide more effective and efficient claims service to its partners and customers. Through this partnership, Loveland Innovations…

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Why Carriers Should Think Beyond Manual Drone Flight
Why Carriers Should Think Beyond Manual Drone Flight 1024 576 Ethan Kirk

The drone market is exploding. IHS research predicts the professional drone market will maintain a compound annual growth rate of 77.1 percent through 2020. This is primarily driven by agriculture, energy, construction, and yes, insurance. Companies like State Farm, as well as Travelers, have already deployed drones in the insurance claims process for gathering imagery…

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Considering Drones for Insurance Inspections? Here’s How to Find a Vendor
Considering Drones for Insurance Inspections? Here’s How to Find a Vendor 1024 576 Ethan Kirk

Drone technology is an effective tool for many industries. One that’s seeing a lot of success adding drones to their repertoire is insurance. Insurance has been one of the slower industries to innovate, but drones for insurance inspections are proving to be a productive way to reduce LAE, improve efficiency, and keep adjusters safer. Several…

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What Some Carriers Get Wrong About Digitizing Claims
What Some Carriers Get Wrong About Digitizing Claims 1024 576 Jim Loveland

While drones, AI, and other technologies promise to increase insurance carrier productivity, the changing customer, climate, and market means our industry needs a lot more than a few efficiency hacks. The insurance industry is facing increasingly powerful storms. Insured losses reached $79 billion last year. On top of that, Millennials now dominate our housing market.…

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Will The Digital Revolution Kill Ladder Assist?
Will The Digital Revolution Kill Ladder Assist? 1024 576 Ethan Kirk

As a growing number of insurers recognize the benefits of simplifying outdated claims processes – the days of ladder assist could be numbered. For years, third-party companies have determined loss. They have also uncovered the cause of damage for claims adjusters in the field. Such a service, while useful, does not solve a few fundamental…

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Loveland Innovations Enhances Claim Adjuster Safety, Efficiency for Western Reserve Group
Loveland Innovations Enhances Claim Adjuster Safety, Efficiency for Western Reserve Group 1024 576 Ethan Kirk

Pleasant Grove, Utah, April 2, 2019 (Newswire) –​​Loveland Innovations®, maker of advanced data gathering and AI analysis solutions, announced that it will provide its drone-based inspection platform, IMGING®, to Western Reserve Group, one of Ohio and Indiana’s leading property and casualty insurance carriers. “For the majority of claims, there’s no reason why an adjuster needs to…

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