Reserve reports generated from first contact information in under 20 seconds. Itemized, documented, and ready for the claim file.
After 20 years in this industry, here's what's true: no one cares about reserve accuracy as much as the carrier.
Independent adjusters barely have a concept of what a reserve means to a balance sheet. Adjusting firms care about their percentage of the fee schedule. Engineers are focused on causation, not cost allocation. Attorneys are focused on winning.
Everyone has their job. Reserve accuracy isn't it.
That means the number that directly impacts your investment income, your reinsurance calculations, and your financial statements has historically been set by people with no financial stake in getting it right. Reserves get set late, after the file has already been open for weeks.
Reserves Now puts reserve control back where it belongs. With the carrier. At first notice of loss. Before anyone else touches the file.
Your adjuster enters what they know at first notice of loss. Reserves Now does the rest.
The AI identifies the property type, approximate square footage, and local construction cost data for the market where the loss occurred.
Enter what the insured reported at first contact: the affected areas, cause of loss, and how it entered the structure. The more detail provided, the more accurate the reserve.
An itemized PDF is generated in under 20 seconds, including an executive summary, line-item cost breakdown, and a single indicated reserve. Ready for the claim file.
Reserves Now is designed in alignment with the NAIC Model Bulletin on the Use of AI Systems by Insurers and the NIST AI Risk Management Framework. No PII is collected or stored. Full disclosure at reservesnow.ai/ai-governance.
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