At Appraise, we use state-of-the-art software to offer our customers: fast turn around times, quality control, user friendly reports and innovative new services which intend to revolutionise the industry norms particularly, Settlement of Claims.
• Established in 2020, by highly experienced Loss adjusters with Pan India work experience, duly licensed by IRDA in multiple disciplines.
• Garnered host of citations & recommendations from Leading Insurers, awards from National Commission/ State commissions in earlier assignments.
• Ably Supported by trained Ex - Defence Personnel.
• Equipped to handle all types of claims at short notice.
o Surveyors with Commercial & Legal acumen aided by Digitalisation of Loss assessment workings.
o Use of AI for calculation of Value at Risk in minutes from the Fixed asset Register.
o Sourcing of current price information from multiple websites through AI.
o Digitalisation of loss Assessment workings.
o Survey report generation within 24hrs of receipt of bills from the insured courtesy the App.
This specially designed WEB application helps in calculation of Value at Risk from the Fixed Asset Register, working through RBI Indices for different product categories; rationalisation for different base years.
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With a view to reduce the drudgery & save time we have developed an App which can give immediate results, by merely uploading the Fixed Asset Register category-wise (P & M, F & F etc).
This App can also be used to verify individual items along with the current market prices, wherein the Sum Insured is given Equipment wise.
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Prompt and timely services, anywhere in India. |
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Ceaseless Innovation with special concern for Quality of Services. |
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Establishing trust and fulfilling promises to all stakeholders with utmost care and minimum TAT. |
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Infusion of latest Technologies into our services. |
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Exceed the expectations of the clients. |
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Adapt to the dynamics of the Insurance industry. |
Our AI & ML powered app is the first in industry to compute the following within minutes:
• Value at Risk
• Gross assessed Loss leading to Net payable based on the policy conditions.
• Surveyor Report generation (voice-to-text)
This leads to shorter Turn around time and Accurate Results duly authenticated by Industry Veterans enabling faster disbursal of Claim Settlement.
• Market/Sales Comparison approach- Price equilibrium
• Income approach- Anticipation of benefits
• Cost approach- Substitution
At APPRAISE, our in-house technology has enabled us to choose the appropriate approaches & methods to generate reports immediately after site visit / inspection.
Enables all stakeholders to verify the workings in the comfort of their homes.
At APPRAISE, with trained & experienced people at helm, ably supported by the App in sourcing data/documents, dispute resolutions can be a smooth affair.
Our philosophy is to provide the highest quality of advice and client care by using state-of-the-art technology.
Our skilled technical team offer support from the stage of Claim intimation to Submission of Surveyor Report.
To ensure that our team's core expertise is ever-expanding, our surveyors undertake continual professional skill and knowledge development annually.
