Everest Insurance signs Airware deal

19-06-2018

Everest Insurance, a subsidiary of Everest Group, has signed an agreement with Airware, a leading provider of drone analytics solutions.

According to the company the deal between the two will add precision and efficiency to the claims management process during this year’s hurricane season and help expedite the claims adjustment process by leveraging Airware’s aerial data analytics and machine learning (ML) capabilities.

“Beyond flying drones, this relationship will empower our adjusters and inspectors to elevate the customer experience,” said Ryan Cole, Everest Insurance director, Insurtech & Partnership Initiatives. “We are optimistic this technology may further reduce claims cycle time, improve response time in the wake of catastrophic events, and help customers proactively identify potentially hazardous conditions through aerial identification.” 

Yvonne Wassenaar, CEO, Airware said, “We have worked closely with the Everest team to integrate our advanced aerial insights into their workflow, helping to create a seamless user experience internally and enabling a superior customer experience for their clients. We are thrilled about this collaboration and confident in the results we can achieve.”  

Mike Mulray, chief underwriting officer, Everest Insurance added, “This agreement builds upon Everest’s experience using similar tools and is one component of Everest’s rapidly evolving focus on innovation, which includes engaging with leading insurtech companies across all areas of our business to deliver impactful tools and data.”

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