Snapsheet and Zurich Insurance Group have partnered to bring innovative claims software to international businesses.
The collaboration marks a global expansion for Snapsheet, allowing its innovative digital services platform to be available in multiple countries across Zurich’s operations in Europe, Latin America and Asia Pacific.
Zurich’s group chief claims officer Ian Thompson said: “The collaboration with Snapsheet will allow Zurich to further streamline the claims journey for our customers and provide additional innovative services. Our customers will have additional options to report claims and communicate with Zurich to speed up and simplify the claims experience.
“As we build a culture of innovation and greater agility into our business, we are very excited to enter into this strategic relationship with an insurtech that is paving the way for new innovation in the insurance industry.”
Snapsheet’s software as a service (SaaS) platform allows intake of information from various customer channels, including e-mail, text, or a web and mobile app, allowing insurance carriers to better engage customers and process claims more quickly. It also enables them to directly deposit payments into customers’ bank accounts, easing the claims process while providing superior customer engagement and workflow optimization.
The software covers auto, property and injury for personal and commercial claims, and incorporates automation derived from data collected from 1M+ processed claims across 70+ blue-chip carriers and non-traditional innovators.
Snapsheet co-founder CJ Przybyl said: “Snapsheet has already processed more than $2.5bn worth of claims in the U.S. through our software platform. We continually leverage our own claims data to provide real-time R&D that enhances the functionality and automation of our claims processing software.
“Zurich recognized the tremendous value to be gained from the Snapsheet suite of software across multiple lines of their P&C business. Our ability to capture claims information from any medium, coupled with pro-active workflows, will help augment Zurich’s existing systems – ultimately providing a higher level of service for their customers.”
The enhanced Snapsheet services will be available to Zurich customers in Ireland first, with plans to expand to additional countries across Zurich’s operations in Europe, Latin America and Asia Pacific.
Source: Company Press Release.