A category 3 hurricane has formed in the Gulf of Mexico. Dubbed “Maribelle,” it's forecasted to inflict significant damage on the Texas coast, particularly the Houston area. Its impacts are 36 hours away.
After the storm passes, Larissa, a claims adjuster, uses the Verisk Ecosystem to verify that incoming claims match the damage inflicted by hurricane Maribelle.
Her claims management system automatically alerts her that several first-notice-of-loss reports don’t match the weather event dates.
She compares pre-CAT and post-CAT aerial photos and property data to manually review suspicious claims on a case-by-case basis.
She uses the Verisk Ecosystem to connect with policyholders affected by the storm and triage damage through video collaboration.
The storm affects pricing across the board, so she relies on Verisk pricing data that already accounts for material and labor cost changes to begin and manage estimates from her desk.
To finalize more sophisticated claims, she passes the working estimates off to a team of field adjusters who are automatically alerted to the assignment.