October 3, 2022

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Insurtech, Concirrus launches new solution in US

INSURTEC Concert about launching its solution Quest Real Estate in the US market. The solution will be available for both residential and commercial properties. Combining artificial intelligence, deep learning, remote sensing, and machine vision, Quest Property quickly processes satellite and aerial imagery, producing post-disaster damage reports and property-wide analytics. These reports are then made available to insurance companies, third party officials (TPAs), reinsurers, and brokers. Quest Property’s cloud-based solution “helps insurers reduce claims processing costs, including inflated costs for repairs and suppliers.”

“The US insurance market has been severely tested by natural disasters,” he said. Andrew YeomanAnd the Co-founder and CEO of Concirrus Quest Property is a specific property claims management solution designed to improve and speed up compensation processes.”

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