Crawford & Company® Transforms Subsidence Claims With AI-Powered Solution as UK Heatwave Drives Surge in Claims
Key Terms
saas technical
artificial intelligence technical
subsidence technical
Subsidence claims assessed in as little as 15 minutes with SubSprint®
Crawford & Company® (NYSE: CRD-A and CRD-B) today announced the successful integration of SubSprint®, its AI-driven claims solution, which is helping transform the way subsidence claims are assessed and managed. The innovative technology is designed to evolve into a SaaS solution and is already delivering a much faster, more efficient claims process at a time when the
By combining mobile technology, advanced data science and artificial intelligence, SubSprint® enables insurers and adjusters to make rapid, more informed decisions while improving the overall customer experience. Rather than waiting for an onsite inspection, homeowners submit information through an intuitive mobile application. The solution then streamlines damage assessments and optimizes claim routing, helping to significantly reducing claims resolution times.
The integration of SubSprint® comes at a critical time for the insurance industry. The
The results delivered by SubSprint have been significant:
- The assessment process is up to
97% faster than traditional subsidence claims handling methods. - Subsidence claims can be accurately assessed in as little as 15 minutes.
86% of claims assessed using SubSprint® have not required an onsite visit from a subsidence consultant.- Technical experts can focus on the more complex cases where their expertise delivers the greatest value.
- The simple and intuitive user interface has helped reduce customer effort and has generated strong customer feedback.
While the AI engine autonomously generates recommendations and identifies opportunities for optimization, every recommendation is subject to review and validation by Crawford's technical subsidence experts. This helps ensure accuracy, consistency and continuous improvement as the platform learns from every claim.
Paul Lofkin, president,
About Crawford®
Based in Atlanta, Crawford & Company (NYSE: CRD-A and CRD-B) is a leading global provider of claims management and outsourcing solutions to insurance companies and self‐insured entities with an expansive network serving clients in more than 70 countries. The Company’s two classes of stock are substantially identical, except with respect to voting rights for the Class B Common Stock (CRD-B) and protections for the non-voting Class A Common Stock (CRD-A). More information is available at www.crawco.com.
Tag: Crawford Corporate
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Media Contacts: media.relations@us.crawco.com
Lynn Cufley
+44 7585 901936
Lynn.Cufley@crawco.uk
Claire Barth
+1 678.215.7031
Claire.barth@us.crawco.com
Source: Crawford & Company