June 2019 – Carriers are transforming the traditional back-office loss control function by coupling emerging technologies with modern loss control platforms. IoT devices, wearable technologies, and tools that leverage images (e.g., drones), are creating real-time risk management and insight. Traditional loss control platforms are also beginning to take advantage of third-party data and analytics.
This brief provides an overview of loss control platforms and emerging tech solutions. It also profiles traditional providers like AuSuM Systems, EXIGIS, IMTI Systems, InsuraTek, Mindtree, Nexus Insurance Solutions, PremiumWare, Risk Control Technologies, and Utilant as well as emerging providers like 360GlobalNet, Augury, CoreLogic, The Detection Group, Flow, Gleason, Librestream, MฤkuSafe, OneEvent, Roost, Sensitech, Triple+, and WeGoLook.
About the Author
Deb Zawisza
Deb Zawisza is a Senior Principal at Datos Insights. She has expertise in insurance technology leadership and transformation with over 30 years of experience. Prior to joining the firm, Deb was SVP/CIO for Claims/Loss Control at Travelers Insurance, leading core system modernization, expansion of data and analytic capabilities, Agile transformation, and digital initiatives related to property/casualty claims across all lines...