Reinsurance News

GRS partners with Canopy Weather on property damage claims

18th March 2020 - Author: Matt Sheehan -

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Global Risk Solutions (GRS), a provider of a claims adjusting and environmental risk management services, has partnered with Canopy Weather to streamline weather related property damage claims.

handshakeUnder the partnership, Canopy will provide GRS with real-time property-specific wind and hail damage analytics that are expected to help facilitate loss verification and accelerate claims handling.

“Canopy’s first-of-its-kind science and enterprise-grade technology enables our team to more efficiently dispatch claims to the proper resource the first time, in turn providing a better overall customer experience for our clients,” said Falin McMellon, SVP for Global Risk Solutions.

“Hail is a significant peril across the United States. In 2018, there were 4,610 major hailstorms, resulting in at least $810 million in damage to property and crops, according to the National Oceanic and Atmospheric Administration,” McMellon explained.

“GRS is excited to work with emerging technologies like Canopy Weather, that will help improve the overall claims experience for insurers and policyholders.”

Matt Van Every, CEO of Canopy Weather, also commented: “There is more to damage than just hail size. Maximum hail size is not the whole story. One or two isolated 3-inch hailstones aren’t going to total a roof, but thousands of 1-inch stones can. With our new science, Canopy Weather is able to address the hail volume question.”

And finally Don Giuliano, president of Canopy Weather, stated: “In the real world, it’s damage that matters, not size. By focusing on our strengths and building innovative, modular solutions to answer the question of damage, partners like Global Risk Solutions can focus on their mission, to deliver people, process and technology.”

“We are excited to partner with GRS to help insurers streamline the claims experience and improve customer satisfaction and loyalty.”