Reinsurance News

Verisk expands property estimating solutions with integration of Yembo’s tech

20th September 2022 - Author: Kane Wells

Verisk has continued the expansion of its property estimating ecosystem with the integration of Yembo’s 3-D models and AI-Driven insights.

Yembo’s AI-powered technology now integrates with Xactimate, says Verisk, enabling desk adjusters to view photo-realistic, 3-D models of interior damage created from videos captured onsite via smart devices.

Siddharth Mohan, co-founder and CEO of Yembo commented, “Many insurers struggle to obtain an accurate picture of interior damage after an event, without the expense of sending someone to inspect the home.”

“With the integration of our technology into Xactimate, insurers will be able to easily obtain the information they need to handle more claims confidently from the desk.”

Mike Fulton, president of property estimating solutions at Verisk, added, “Virtual inspections and claims management are playing an increasingly important role in the digital transformation of insurers.”

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“The availability of Yembo 3-D models and insights in Xactimate will provide our customers with more tools to help solve their specific business needs, from shortening claims cycle times and lowering costs to enhancing engagement with policyholders.”

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