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Insurers Leveraging Emerging Tech, Analytics, Third-Party Data in Loss Control, Says Novarica

Carriers are transforming the traditional back-office loss control function by coupling emerging technologies with modern loss control platforms. In a new report, Loss Control: Overview and Prominent Providers, research and advisory firm Novarica provides an overview of loss control platforms and emerging tech solutions, including: AuSuM Systems, EXIGIS, IMTI Systems, InsuraTek, Mindtree, Nexus Insurance Solutions, PremiumWare, Risk Control Technologies, Utilant, 360GlobalNet, Augury, CoreLogic, The Detection Group, Flow, Gleason, Librestream, M??kuSafe, OneEvent, Roost, Sensitech, Triple+, and WeGoLook.

"Emerging tech solutions powered by data from IoT or imagery solutions have begun to augment the impact loss control organizations can have on real-time loss prevention," said Deb Zawisza, Vice President of Research and Consulting and author of Novarica's new report. "While emerging tech solutions do not fully replace the capabilities of more traditional loss control systems, organizations can combine the two to enhance functionality and broaden the reach of traditional systems."

Please contact media@novarica.com or call Victoria Spitz at 833-668-2742 Ext. 130 for more information.


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