Restorers can use the HOVER app on their mobile device to take a set of photos of a loss site and have them transformed into an interactive 3D model. The new integration allows HOVER 3D models to automatically import into Xactimate and XactAnalysis.
Mike Fulton, president of Verisk Property Estimating Solutions, talks trends and innovations in claims estimating, ongoing areas of interest among contractors like Xactimate pricing, the impact of external forces like inflation on property claims, educational highlights for Verisk Elevate 2022, and an Xactware rebrand.
Tractable, a company developing artificial intelligence for visual assessment and disaster recovery, has launched AI Property, a new solution that assesses damage to buildings caused by hurricanes, floods and other natural disasters.
Annissa Coy responds to a comment on a previous video. She discusses collaborating with the insurance side in the interest of the customer, without “selling out.”
The RIA will be expanding the number of AGA advocates working on behalf of restorers and is seeking candidates for a new AGA Pricing Advocate position.
In this Ask the Expert episode, Gerry Edtl and Jordan Donald, the father-daughter team behind Gerry Edtl Consulting, discuss building reciprocal relationships with insurance agents and taking business development to new heights with direct referrals.
Inevitably, if you are a restoration company, sooner or later you will run into situations where the adjuster won’t pay for work you completed or only a fraction of what you have estimated the cost to be. In these situations, restorers have a few options, which depend in large part as to how far you’re willing to go, how much you’re willing to spend and if the risk is worth the reward.
In this episode of Ask Annissa, Annissa Coy answers a common question she feels passionately about: Should restorers work with insurance adjusters, or ignore them and work solely with the insured?
By being proactive and educating property owners about the risks of dishonest engineering and insurer fraud, you can help defend your clients from unethical claims professionals, Jack Hanks and Doug Quinn write. This will help ensure fair insurance markets where policyholders suffering a loss have the best chance for an honest claim and a smoother process of rebuilding their property. When this happens, the consumer, the restoration professional and the insurer win.
I get it, Chris White writes. People don’t like to change. However, the technology that is available today makes it unacceptable to use old-school methods. There’s a threshold beyond which a reluctance to grow and change is no longer a neutral choice or a matter of quirky personal preference. It’s irresponsible and, simply, bad business.
