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InsurTech Spotlight: BiiCanada

BiiCanada is first and foremost a risk management/loss prevention firm. Our mandate is to provide the insurance industry with tools and the expertise to assist in collecting pertinent information and data for underwriting and claims departments. We are part of the reason our clients’ underwriting results and profitability is good. BiiCanada has been in business since 2012 and we continue to strengthen and grow our product offering and expertise. John Trozzo and Patrick McDonnell bring over 30 years loss prevention and risk management experience each. We are a small company providing large innovative solutions to the insurance industry.

What makes us an InsurTech:

Biild is an on-line virtual inspection platform with tools that will allow the completion of an on-line replacement cost. The news arsenal within Biild is our virtual self-inspect mobile tool. This tool allows the users to complete assessments, download photos and complete forms via MMS texting through mobile phone technology. Through our technology the insured can complete all or portions of an inspection or claim via a link on their phone. There is no app to download and the tool can be easily integrated into existing insurer and broker management systems.

Major features & technology used:

SMS technology component allows Biild to reach people on their phones where it’s most convenient in today’s environment. Business AI interprets the validity of data set (photos, forms, document) as a whole to verify a level of integrity and uncover red flags. The tool incorporates Geotagging and Timestamps to define the validity of the individual photo and data submissions.

About BiiCanada

BiiCanada delivers new and refreshing approaches to risk management and loss prevention. Established in 2012, BiiCanada is a loss prevention company run by loss prevention experts. Our motto is simple: under promise and over deliver or we are not building a customer base, we are building relationships. Our array of in-the-field and virtual solutions are customizable and designed to augment your current underwriting processes seamlessly and efficiently. BiiCanada will empower you with the right tools to provide the right solution for the insured. For more information, visit biicanada.com.

Source: BiiCanada

COMPANY DETAILS

CATEGORY: Process Services Provider

MATURITY STATUS: Startup (<3 years)

PRODUCT OR SERVICE: Self Inspect – Virtual Inspection Platform

AREA: Property & Casualty Insurance

PROJECT URL:  Visit Website