Enservio News

Enservio Debuts Video Series Celebrating Claims Professionals

Mass.-based Enservio, Inc. announced the debut of “Making it Right,” a new web series that honors those claims professionals who have gone the extra mile in helping policyholders to restore their lives and businesses. “Making it Right” shows the faces …

Survey Shows Property Catching up to Auto on Innovation

Enservio released the results of a survey on innovation it conducted among 130 senior P&C executives attending the invitation-only Property Innovation Summit held in Boston earlier this month. The survey examined trends in innovation such as an organization’s capacity to …

Ice Damage Brings its Own March Madness: 200% Increase in RCV

Ice claims to the tune of $1 billion; is flooding next? The winter of 2014 looks to go down in history for record temps and record claims. To date, Enservio data shows that in February 2014 alone, ice damage related …

Enservio Announces Recoverable Depreciation Service

Mass.-based Enservio, Inc., a national provider of software and services to property insurers, announced a new Recoverable Depreciation (“RD”) service to help expedite what has traditionally been a tedious and inconvenient process for claims professionals and adjusters. Based on demand …

Shotguns, Oscar Gowns and Giraffes, Oh My!

Just in time for Halloween, Enservio’s consulting founder, Tom Kirkpatrick, who’s worked as an adjuster, SIU investigator and contents expert/consultant, shares some of the strangest claims he’s encountered during his 35 years in the insurance industry. Kirkpatrick once worked on …

Enservio Introduces New Web Portal for Quick Claims Payments

Enservio, Inc., a software and services provider to property insurers, announced QuickStart, a new capability of Enservio’s ReStore Payments solution that significantly reduces the time required to deploy a payments system, making it easier for carriers and adjusters to get …

Five Years Since Hurricane Ike Hit Galveston, Texas

Friday marks the anniversary of the costliest hurricane to hit Texas. On September 13, 2008, Hurricane Ike hit Galveston Island. According to Mark Hannah with the Insurance Council of Texas (ICT), insured losses as a result of the storm totaled …

The Flaw of Averages: Why Carriers are Overpaying and Underpaying

46 percent of claims are being overpaid by an average of $19,000 In his book, The Flaw of Averages, author Sam Savage explores how the widely used statistical concept of “averages” can wreak havoc on our forecasting and decision making. …

Claims Pros’ Own Survival Skills Tested While Aiding Oklahoma Tornado Victims

Michael Pelonero came to Moore to help victims of the May 20th tornado. But he hadn’t planned on trying to outrun one. When a massive EF-5 twister cut a swath through the central Oklahoma suburb of Moore, it left 24 …

Using Big Data To Improve Homeowners Insurance Products

There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has finally emerged to manage this astounding amount of …