We Bring The Asset To You
Welcome to Pre-Loss, the home of Inspection Solutions, the Asset Rosetta Stone for commercial and high net worth owned structures. In the world of high TIV assets, our bespoke solutions address the challenges and pain points faced by all asset stakeholders – adjusters, producers, contractors, attorneys, etc. This is done by providing structured data that establishes a clear baseline, reducing underwriting time, reducing loss ratios, and improving the accuracy and speed of indemnity payments. Empower your team with the intelligence needed for strategic decision-making and experience a new standard in insurance efficiency with Pre-Loss.
Industries We Serve
How Insurance Professionals Use Pre-Loss
Digital Twin Creation
Enhanced Underwriting and Risk Assessment
Streamlined Claims Processing
Fraud Mitigation & Loss Control
Step 1:
Digital Twin Creation
Pre-Loss technology generates a digital twin of insured properties and assets, capturing detailed visual and structural data.
Purpose:
Establishes the pre-loss condition baseline for underwriting and claims purposes.
Outcome:
Provides insurers with comprehensive documentation to minimize disputes.
Step 2:
Enhanced Underwriting & Risk Assessment
Insurers leverage the digital twin to perform detailed risk assessments and validate asset conditions during underwriting.
Purpose:
Improves pricing accuracy and reduces exposure to unforeseen risks.
Outcome:
Supports more precise policy terms and minimizes underwriting errors.
Step 3:
Streamlined Claims Processing
In the event of a loss, the digital twin enables direct comparison of pre- and post-loss conditions, expediting claims validation.
Purpose:
Reduces the time and effort required to verify claims, avoiding delays and disputes.
Outcome:
Enhances customer satisfaction and lowers
administrative costs.
Step 4:
Fraud Mitigation & Loss Control
The pre-loss baseline helps insurers validate undisputed damages faster and more accurately.
Purpose:
Improves fraud detection while ensuring claims payments align with the true extent of the loss.
Outcome:
Reduces financial leakage and improves loss ratios
How Real Estate & Construction Uses Pre-Loss
Generate a baseline scan of the asset to establish current condition
Project Planning & Risk Identification
Progress Monitoring & Compliance Management
Claims Support & Maintenance Planning
Step 1:
Baseline Scan
Pre-Loss technology captures a property’s condition by creating a digital twin with detailed visual and structural data.
Purpose:
Establishes a comprehensive baseline for ongoing monitoring and documentation.
Outcome:
Ensures all stakeholders have access to a precise, up-to-date record of the asset.
Step 2:
Project Planning & Risk Identification
Real Estate & Construction teams use the digital twin to plan construction or renovation projects, identifying potential challenges and risks.
Purpose:
Improves project accuracy and reduces unexpected delays or cost overruns.
Outcome:
Enables more efficient and effective resource allocation and enhances collaboration between project teams.
Step 3:
Progress Monitoring & Compliance Management
The digital twin can be used to provide updates to track construction progress and ensure compliance with regulations
Purpose:
Helps identify discrepancies and proactively address them to avoid compliance issues.
Outcome:
Keeps projects on schedule and ensures adherence to building codes and safety standards.
Step 4:
Claims Support & Maintenance Planning
After construction or in the event of damage, the digital twin enables before-and-after comparisons to validate claims or assess repair needs.
Purpose:
Simplifies claims processing and provides accurate data for future maintenance planning.
Outcome:
Streamlines insurance claims and reduces the long-term cost of asset management.
How Safety & Compliance Professionals Use Pre-Loss
Asset Scanning and Digital Twin Creation
Compliance Analysis, Hazard Identification, Risk Assessment
Proactive Maintenance and Corrective Actions
Post-Event Assessment and Reporting
Step 1:
Asset Scanning and Digital Twin Creation
Pre-Loss technology generates a digital twin of the asset using advanced scanning methods to capture its current condition and compliance status.
Purpose:
Provides a precise, visual baseline for regulatory and safety inspections.
Outcome:
Ensures an accurate record for audits and assessments.
Step 2:
Compliance Analysis, Hazard Identification
The data from the digital twin is analyzed to identify potential compliance gaps or safety hazards.
Purpose:
Helps professionals prioritize areas requiring attention to meet regulatory standards and improve workplace safety.
Outcome:
Reduces the likelihood of non-compliance fines and workplace incidents.
Step 3:
Proactive Maintenance and Corrective Actions
Leveraging insights from the digital twin, professionals can schedule proactive maintenance and implement corrective measures.
Purpose:
Prevents issues before they escalate into costly repairs or safety risks.
Outcome:
Ensures assets meet safety regulations and function optimally.
Step 4:
Post-Event Assessment and Reporting
In the case of a safety incident or inspection, the digital twin enables a clear before and after comparison, ensuring transparent reporting
Purpose:
Facilitates accurate incident analysis and streamlines regulatory reporting processes.
Outcome:
Demonstrates due diligence and enhances trust with stakeholders and regulators.
Over 100 years of combined P&C and Construction experience
A state-of-the-art solution designed to revolutionize the large asset stakeholder experience with a focus on the Property & Casualty industry. Our advanced pre-loss system leverages structured data and digital twin technology to reduce underwriting time, minimize leakage, and significantly enhance accuracy. By providing unparalleled clarity and improving efficiency, it empowers insurance companies to service and pay claims faster, boosting customer satisfaction and retention. This transformative approach simplifies workflows, lowers costs, and elevates the entire insurance process, ensuring you stay ahead in a rapidly evolving market
Key Benefits of Our Advanced Solutions
Pre-loss redefines efficiency in the insurance industry by integrating cutting-edge digital twin technology and precise data analytics. This approach shortens underwriting and claims timelines while ensuring higher accuracy, ultimately leading to faster payouts and improved customer loyalty.
Baseline intelligent twin
What are the personas
Inspectors:
Allows Building Officials and other inspectors to access digitized virtual models, improving efficiency and compliance accuracy
Claims Adjusters:
Quickly verify claims with
real-time information.
Risk Managers:
Get insights to reduce risks
and improve safety.
Contractor
Use detailed data for easier
inspections.
Underwriters:
Make risk assessment faster
and more accurate.
Inspectors:
Use detailed data for easier
inspections.
Contractor
Detailed structured data and 4D model increase productivity and accuracy by 30-40%.
Claims Adjusters:
Increased validation and improved claims cycle time, improving net promoter scores
Risk Managers:
Granular insights to reduce risks and improve safety | Predict & Prevent | Lower claim frequency and severity | Resilience Ready Risks
Underwriters:
Make risk assessment faster
and more accurate.
