OKLAHOMA CITY, Okla., and JERSEY CITY, N.J., July 06, 2022 (GLOBE NEWSWIRE) — As a part of its ongoing focus to enhance claims-handling workflows, American Farmers & Ranchers Mutual Insurance coverage Firm (AFR Insurance coverage) has adopted Verisk’s property claims-handling options. Verisk (Nasdaq: VRSK) is a number one international knowledge analytics supplier.
AFR Insurance coverage will use Verisk’s property claims-handling ecosystem to assist quickly assign, examine and settle property and contents claims; monitor and analyze firm efficiency; and get worthwhile perception on extreme climate occasions. By harnessing these highly effective options — together with Xactimate®, XactContents®, XactAnalysis® and Verisk Benchmark® — AFR Insurance coverage will improve its claims task processes and streamline claims inspections and estimating.
“After reviewing obtainable merchandise, we got here to the conclusion that Verisk’s claims options provide probably the most numerous performance and biggest flexibility of any presently available on the market,” mentioned Darin Miller, Director of Claims at AFR Insurance coverage. “By incorporating these options into our workflows, we’re capable of course of claims effectively and successfully, higher serving our policyholders.”
Verisk provides insurers insights, helps enhance underwriting and claims outcomes, strengthens working effectivity and combats fraud. Amongst its many options, Verisk provides pc software program options for professionals concerned in estimating all phases of constructing and restore. Due to a longstanding dedication to spend money on analysis and improvement, Verisk property estimating options are utilized by lots of the high property insurance coverage firms and restore contractors in america and Canada.
“AFR Insurance coverage is an exemplary insurance coverage group that cares deeply about its policyholders,” mentioned Mike Fulton, president of Verisk property estimating options. “We welcome the chance to work with them and collaborate on methods to repeatedly make the claims journey sooner and simpler for all events concerned within the course of.”
To study extra, go to Verisk.com or afrmic.com.
About American Farmers & Ranchers Mutual Insurance coverage Firm
AFR Insurance coverage gives auto, residence, farm and life insurance coverage with an emphasis on high quality merchandise and distinctive customer support. Affiliated with Oklahoma Farmers Union, AFR was established in 1905 and is headquartered in Oklahoma Metropolis. AFR Insurance coverage is offered statewide and is acknowledged as a number one home insurance coverage provider within the state of Oklahoma.
Verisk (Nasdaq: VRSK) gives data-driven analytic insights and options for the insurance coverage and power industries. By superior knowledge analytics, software program, scientific analysis and deep trade information, Verisk empowers prospects to strengthen working effectivity, enhance underwriting and claims outcomes, fight fraud and make knowledgeable selections about international points, together with local weather change and excessive occasions in addition to political and ESG matters. With workplaces in additional than 30 nations, Verisk constantly earns certification by Nice Place to Work and fosters an inclusive tradition the place all staff members really feel they belong. For extra, go to Verisk.com and the Verisk Newsroom.