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Closing the Loop After a Fire

Property & Casualty 360 Perspectives podcast

Release Date: 09/09/2024

How Technology Is Transforming Claims Management and Reducing Costs show art How Technology Is Transforming Claims Management and Reducing Costs

Property & Casualty 360 Perspectives podcast

Advanced technologies are helping claims professionals document losses more efficiently and generate more accurate estimates. Rick Wahlstrom, who handles estimate review and compliance at BELFOR Property Restoration, explains how these tools are transforming outdated methods, reducing costs, and improving efficiency. Wahlstrom also represents BELFOR Franchise Group’s Claims Partnership Program, which is supported by BELFOR’s 1-800 WATER DAMAGE and Blue Kangaroo Packoutz brands. He emphasizes the need for ongoing training to support claims professionals in fully using the tools available to...

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How Restoration Partners Impact Claims Costs show art How Restoration Partners Impact Claims Costs

Property & Casualty 360 Perspectives podcast

David Gavilanes of Blue Kangaroo Packoutz shares key insights on choosing a contents restoration partner that supports efficiency and controls costs. Selecting a restoration partner with the right experience and capacity is important for preventing project delays and cost inefficiencies. David Gavilanes, training development leader and regional business coach at Blue Kangaroo Packoutz, explains how vendor selection impacts the overall claims process, highlighting the importance of clear communication, proper scoping, and transparency. In this podcast, you’ll learn: ...

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The Differences Between Residential and Commercial Restoration show art The Differences Between Residential and Commercial Restoration

Property & Casualty 360 Perspectives podcast

Tim Fagan of 1-800 WATER DAMAGE discusses strategies to streamline the claims restoration process and addresses the differences between commercial and residential claims. The claims restoration process involves many variables, each affecting the speed and cost of claim resolution. As the scope of residential and commercial claims can differ, Tim Fagan, brand president at 1-800 WATER DAMAGE, offers suggestions for improving the restoration process to benefit both insurance carriers and policyholders. In this podcast, you’ll learn: ●      How policy differences...

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Why Property Risk Analysis Keeps Getting More Intelligent show art Why Property Risk Analysis Keeps Getting More Intelligent

Property & Casualty 360 Perspectives podcast

Through a combination of artificial intelligence (AI) and computer vision models applied to aerial imagery – and delivered through a comprehensive software solution – Nearmap changes the way insurers manage and price property risk. It earned them multiple PropertyCasualty360 Luminaries Awards, including as a company for its risk management innovation and technology innovation.  Individually, Dave Tobias, general manager of Insurance at Nearmap, was named as a risk management innovation Luminary for his leadership in creating the industry’s first comprehensive property intelligence...

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Specialty Insurance Market Challenges and Opportunities Ahead show art Specialty Insurance Market Challenges and Opportunities Ahead

Property & Casualty 360 Perspectives podcast

Market conditions that are a moving target, talent shortages, and quick advancements in technologies such as AI have created unique challenges for the specialty insurance market. According to Mike Kerner, a member of the board of management at Munich Re responsible for global specialty insurance, while there are challenges in specialty re-insurance, there’s also room for optimism.  In this podcast, you’ll hear: The value of expertise, stability and partnerships in the specialty market;  What he sees on the horizon for the specialty lines; and  Where exactly his...

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Closing the Loop After a Fire show art Closing the Loop After a Fire

Property & Casualty 360 Perspectives podcast

Fire and smoke events can be one of the more stressful moments for a policyholder. This podcast looks at some key ways to make them whole again. Fire and smoke incidents create complex challenges and potential delays in the claims process for insurance companies. Bill Gordon, regional business coach at 1-800 WATER DAMAGE, and Tim Singnysane, director of operations at 1-800 WATER DAMAGE, share best practices for improving claims efficiency, identifying hidden damages earlier, and improving customer satisfaction and retention.  In this podcast, you’ll learn: How specialized expertise...

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Why Water Damage Is Not Just a Drop in the Bucket show art Why Water Damage Is Not Just a Drop in the Bucket

Property & Casualty 360 Perspectives podcast

Ken Davis and Bill Gordon of 1-800 WATER DAMAGE, part of BELFOR Franchise Group, explain strategies to optimize water claims efficiency without increasing costs during high-volume events. Hurricanes, floods, and other water-related events lead to spikes in claims volumes for insurance companies. As carriers work to efficiently manage the ebb and flow of water claims, Ken Davis, claims partnership manager at BELFOR Franchise Group, and Bill Gordon, regional business coach, at 1-800 WATER DAMAGE discuss best practices for improving claims process efficiency. In this podcast, you’ll...

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Why Person-Level Intelligence Is the Next Step for Insurers show art Why Person-Level Intelligence Is the Next Step for Insurers

Property & Casualty 360 Perspectives podcast

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Adopt Proactive Customer-Retention Strategies to Drive Growth show art Adopt Proactive Customer-Retention Strategies to Drive Growth

Property & Casualty 360 Perspectives podcast

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What’s your Auto Risk Exposure? show art What’s your Auto Risk Exposure?

Property & Casualty 360 Perspectives podcast

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More Episodes

Fire and smoke events can be one of the more stressful moments for a policyholder. This podcast looks at some key ways to make them whole again.

Fire and smoke incidents create complex challenges and potential delays in the claims process for insurance companies. Bill Gordon, regional business coach at 1-800 WATER DAMAGE, and Tim Singnysane, director of operations at 1-800 WATER DAMAGE, share best practices for improving claims efficiency, identifying hidden damages earlier, and improving customer satisfaction and retention. 

In this podcast, you’ll learn:

  • How specialized expertise can prevent claims slowdowns and address hidden damages.

  • Best practices for capturing accurate damage information and improving claims efficiency.

  • The benefits of partnering with experienced restoration professionals to support customer satisfaction and retention.