InsTech Podcast:  Andy Greff: CEO, Plnar: Measuring loss remotely, cheaply, easily

InsTech Podcast: Andy Greff: CEO, Plnar: Measuring loss remotely, cheaply, easily

Plnar’s technology platform allows users to capture detailed property and loss information on their phones, with the data being used by insurers to support underwriting and claim processes.

Matthew speaks to CEO Andy Greff about how images captured remotely by policyholders are providing new insights on property characteristics, speeding up claims by removing the need for a home inspection and Plnar’s plans for further expansion.

Talking points include:

  • The importance of creating digital measurements when performing remote claims assessments
  • How Plnar evolved during Covid-19
  • The importance of the policyholder and the role of “digital desk adjusters” in effective use of the system
  • How developments in Artificial Intelligence enable essential loss details to be picked up when producing images from mobile phones
  • ‘Intelligent augmentation’ vs Artificial Intelligence
  • How Plnar is working with partners including CoreLogic

Plnar is one of the companies featured in the InsTech report, Property Remote Claims Assessment: the 40 Companies to Watch, which is available to download in our Reports section.

 

Virginia Farm Bureau Insurance Partners with Plnar to Empower Field Adjusters with the Ability to Triage and Estimate Interior Claims Virtually

Virginia Farm Bureau Insurance Partners with Plnar to Empower Field Adjusters with the Ability to Triage and Estimate Interior Claims Virtually

RICHMOND, VA, , and AUSTIN, TX, May 3, 2022 /EINPresswire.com/ — VA Farm Bureau Mutual Insurance Company, Inc. today announced a new integration with Plnar’s Virtual Claims Estimating solution that empowers field adjusters and policyholders alike to speed the process of estimating interior claims.

Through the FNOL integration, VA Farm Bureau’s policyholders utilize the Snap app to document the space – in fewer than 2 minutes per room. Plnar assets are seamlessly imported into Xactimate X1 within 24 hours, providing field adjusters with an accurate digital twin of the loss site. Furthermore, the adjuster doesn’t have to spend time on the mundane task of sketching out the loss. 2D Floorplans, measurement reports, 3D models, and all images and videos are available to the adjuster with a fraction of the time and effort required to do manually.

Virginia Farm Bureau is getting high utilization of Plnar from our field staff. Using the Plnar Snap App our field adjusters can limit their time taking measurements onsite and focus more on providing great customer service. With the accurate sketch being available in Xactimate, our adjusters can quickly create their estimate and get a payment to our customer” says Laurie Gannon – Vice President of Claims – VA Farm Bureau Insurance.  “Embedding Plnar at FNOL enables policyholders to capture their space, giving insight into the claim so our field staff can determine if an onsite inspection is necessary.

Plnar believes that technology should be leveraged to remove complexity and automate time consuming, mundane tasks.” said Andy Greff, CEO of Plnar. “It is great to partner with a carrier that has exemplary Customer Service standards and embraces the latest technology to ensure policyholders are made whole again as quickly as possible.

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About VA Farm Bureau Mutual Insurance
Founded in 1950, Virginia Farm Bureau Mutual Insurance Co. is committed to meeting the insurance needs of the families, farms and small businesses of Virginia. VFBMIC auto, home, health and life insurance customers are members of the 88 county Farm Bureaus that make up the Virginia Farm Bureau Federation, Virginia’s largest farmers’ advocacy group.

About Plnar
Plnar is an InsurTech software provider transforming the insurance claims process by enabling contactless inspections for interior property claims for significantly better customer experiences, shorter cycle times and lower costs. Plnar’s patented technology platform gives desk adjusters the power to generate fully realized 2D and 3D models of interior spaces from digital photos and streamline the claims process for quicker, more efficient settlement. You can learn more about us by visiting plnar.ai

 

Plnar Helps You Gain, Train, and Retain Your Adjuster Staff

Plnar Helps You Gain, Train, and Retain Your Adjuster Staff

The Great Resignation

In 2021, a record of over 47 Million (yes Million!) Americans quit their jobs last year. According to a recent article in Fast Company, “Not only are workers more valuable today, as indicated by rising wages, they are going to be even more valuable tomorrow. Far from being a temporary condition, the labor shortage is likely to be long term.”

This is definitely not “new news”, however, since carriers have experienced trouble filling positions and keeping adequate staff levels since the onset of the pandemic. Finding and attracting the right talent, the costs of training, and keeping that talent, are issues the industry continues to face as (at least this phase of) the pandemic begins to wane.

Per Isabelle Santenac in an article on Insurance News Net, “The scarcity of key skills and the “Great Resignation” mean that insurers must address the traditional view of the industry as slow-moving and dull if they are to become employers of choice,” she said.

The Pandemic

We are all very much aware of the challenges all carriers have faced with COVID’s onset. Expectations of policyholders have evolved, and virtual estimation along with digital transformation is the pathway to customer satisfaction – but when solutions require weeks to months of training, many so called “solutions” are unusable due to their complexity.

How Plnar Can Help

Not all virtual solutions require 2 to 3 months of training! The Plnar solution is designed with simplicity in mind, and powers virtual claims by allowing anyone with a smartphone to document interior property damage – thereby putting the desk adjuster virtually in the space. Our Plnar Snap app aids adjusters by providing a means to triage a claim virtually and get instant visibility to a claim. Repetitive, time intensive and mundane tasks like following up with policyholders for photo documentation, measuring and sketching rooms, are eliminated, giving the field tech the ability to complete more losses in a day and improving job satisfaction.

Plnar is a proven leader in virtual estimation – and perhaps more important to the current labor shortage, the ease of onboarding allows you to bring new hires up to speed quicker, and in many cases, lowers the experience requirements as you bring on new team members.

Interested in how Plnar can help you with your staffing woes, while reducing Cycle Time, LAE, and increasing Customer Satisfaction?
Schedule a free consultation to learn how we can help you:

Gain: Because Plnar eliminates much of the Sketching requirements (because we automatically generate the sketch from photos), you can hire candidates who don’t have Sketch experience, thus opening up a larger pool of candidates

Train: Training is simplified because large chunks of training around policy holder interaction, creating claim documentation (Sketches, Photo Sheets, How to measure) are already completed

Retain: Desk adjusters love the automation, power and simplicity of Plnar. This makes their job sat go up and they stay longer.

 

Learn How Plnar Can Help You Gain, Train, and Retain

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Plnar to Exhibit at PLRB National Claims Conference – Booth 111

Plnar to Exhibit at PLRB National Claims Conference – Booth 111

Plnar is exhibiting at the upcoming PLRB Claims Conference & Insurance Services Expo to be held at the Henry B. Gonzalez Convention Center, Booth 111. Simply fill in the form below to schedule a demo at our booth!

At the conference, Plnar will be highlighting their latest updates to the Snap App, Snapshot, Snap3D, Floor Planning, and the Plnar CAT program. At the booth, our team will be providing demos of our virtual estimating solution.

Designed with simplicity in mind, Plnar powers virtual claims by providing simplified data capture, allowing anyone with a smartphone to document interior property damage -thereby putting the desk adjuster virtually in the space. The Plnar app guides users through simple, standardized steps and procedures to capture photos. In less than 2 minutes per room, policyholders, adjusters, or third-party providers can document everything needed for Plnar to generate complete data sets, measurement reports, and 3D models. Plnar’s SmartPix technology transforms any photo captured into fully measurable, interactive 3D models.

Plnar CEO Andy Greff will be joining Ryan Matchack, Talent & Training Specialist at Grange Insurance as he presents Adjuster Efficiencies: Tap that App which provides CE Credits for FL and NC.  There are 2 sessions of the presentation:
Monday, April 04 — 1:30 – 3:00
Tuesday, April 05 — 3:30 – 5:00

The sessions will:

• Explore available apps that can assist claims adjusters
• Highlight how apps can improve performance and efficiency for adjusters
• Review the way apps are shifting and impacting the claims handling industry
• Describe the advances and future impact of apps for adjusters

What: PLRB Claims Conference & Insurance Services Expo
Who: Property & Liability Resource Bureau
Where: Booth #111, Henry B. Gonzalez Convention Center, San Antonio, TX
When: April 3 – April 6 2022
https://www.plrbclaimsconference.org/

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ABOUT Plnar
Plnar is an AI software provider transforming insurance claims and home improvement estimates by enabling contactless inspections of interior spaces, providing significantly better customer experiences, shorter cycle and estimate times, and lower costs. Plnar’s patented technology platform gives desk adjusters the power to generate fully realized 2D and 3D models of interior spaces from digital photos and streamline the claims process for quicker, more efficient settlement.

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Media Contact

Scott Lacourse
Plnar
scott@plnar.ai
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IAG Firemark Ventures Invests in Plnar

IAG Firemark Ventures Invests in Plnar

IAG doubles down on start-ups with second $75m VC fund

AUSTIN, TX, USA, February 28, 2022 — IAG, Australia and New Zealand’s largest general insurer, has launched a second $75 million venture capital fund with an investment in Artificial Intelligence (AI) InsurTech provider, Plnar.

Fund Two, the second fund created under IAG’s Firemark Ventures, aims to partner with, and invest in, start-ups that have the capacity to enhance how IAG delivers insurance. The additional $75 million in capital will be used over the next five years and builds on the strategic and financial success of the company’s initial $75 million fund.

IAG Firemark Ventures’ General Partner, Scott Gunther, said: “The establishment of Firemark Ventures’ Fund Two, means we can continue to grow our portfolio of local and international start-ups, and invest more in existing portfolio companies to deliver new and ongoing benefits to IAG.

To date, Firemark Ventures has made 33 investments across 18 portfolio companies and embedded 13 new technologies and data capabilities within IAG, following successful internal trials.

Plnar, the first investment by Firemark Ventures under Fund Two, uses computer imagery to create 3D renderings of home interiors which allows anyone with a smartphone to document interior property damage, enabling virtual and self-serve property claims.

Together, IAG and Plnar will explore how imagery, data and AI can help create differentiated customer claims experiences. IAG is the first company to invest in Plnar outside the USA, bringing the technology to Australia and New Zealand for the first time for IAG’s customers.

Mr Gunther said: “Plnar’s technology has the potential to enhance how we interact with our customers by dramatically streamlining the claims assessment process. In less than two minutes per room, customers and our assessors can capture all the insights they need to determine what’s required to repair the damage.”

In February, IAG will commence a pilot program using Plnar involving property claims and its supply chain for IAG direct insurance brand NRMA Insurance.

IAG Executive General Manager Direct Claims, Luke Gallagher, said: “We’re always looking at the latest innovations and technology to help us provide the best experiences for our customers.”

We introduced virtual assessing at the start of the pandemic which allowed us to assess damage to a customer’s property via video call. Our partnership with Plnar will take this highly efficient digital experience for our customers to the next level.

IAG is also exploring how Plnar’s enhanced property data could improve the customer experience for getting a quote for home and contents insurance.

Plnar CEO Andy Greff said: “Our partnership with IAG enables its brands to complete contactless inspections for interior property claims, resulting in significantly better customer experiences, shorter cycle times and lower costs.”

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About IAG Firemark Ventures
IAG Firemark Ventures is IAG’s strategic corporate venture capital fund. Its purpose is to bring the outside world in, by strategically partnering with and investing in start-ups that have the capacity to materially alter IAG’s business. We invest, we connect the startup with corporate, and we create mutual commercial value. Firemark Ventures investments include Airtasker, Life360, HyperAnna, UpGuard, ActivePipe and Plnar.

About Plnar
Plnar is an InsurTech software provider transforming the insurance claims process by enabling contactless inspections for interior property claims for significantly better customer experiences, shorter cycle times and lower costs. Plnar’s patented technology platform gives desk adjusters the power to generate fully realized 2D and 3D models of interior spaces from digital photos and streamline the claims process for quicker, more efficient settlement. You can learn more about us by visiting plnar.ai