Openly has announced a new partnership with claimtouch aimed at speeding up the settlement process for personal property claims. This collaboration focuses on automating the pricing and valuation of damaged personal property, potentially making claims easier for both insurers and policyholders.
The partnership is designed to improve efficiency in how claims are handled. By automating these processes, Openly hopes to reduce the time it takes to settle claims related to personal property damage. This could benefit insurance companies by lowering operational costs while enhancing customer satisfaction through quicker resolutions.
Openly, known for its innovative approach in the insurance market, is leveraging claimtouch’s technology to streamline the claims process. Claimtouch specializes in providing digital solutions that help assess and manage property claims effectively. Together, these companies aim to enhance the customer experience during a typically stressful time.
This development is likely to have positive implications for policyholders who often face delays in the claims process. Faster settlements could lead to quicker reimbursements, helping individuals get back on track after a loss. Additionally, insurance professionals will benefit from reduced workloads and improved efficiencies in processing claims.
Overall, this partnership represents a step toward modernizing claims processing in the personal property sector. By automating key aspects of valuation and pricing, Openly and claimtouch are working to provide a smoother experience for everyone involved.
Original Source: https://ffnews.com/newsarticle/openly-partners-with-claimtouch-to-automate-personal-property-claims-valuation/