Global specialty re/insurer Brit has announced a partnership with the Geospatial Intelligence Centre (GIC), a not-for-profit initiative of the National Insurance Crime Bureau (NICB).
After a catastrophe, GIC aircraft have special access to affected areas within hours to capture high-resolution images and assess property damage.
The GIC will provide Brit with access to these aerial images in order to expedite claim settlements for clients via fast and accurate property catastrophe assessments.
Brit’s initial pilot program utilised the GIC for the assessment of claims related to the 2018 California wildfires.
Using the images, Brit was quickly able to determine losses, without any on the ground presence, and immediately identify and advance settlement to residential policyholders.
“We continue to advance the way we manage claims and are committed to paying our end clients faster,” said Sheel Sawhney, Group Head of Claims, Brit.
“Catastrophes are a high urgency, high visibility event for the market and our focus is always on the dislocated families and businesses impaired.”
“Brit’s partnership with the GIC to help respond to catastrophes embodies our innovative approach to claims, pairing cutting edge technology with best in class service to deliver rapid resolution for impacted claimants.”