The Risk Mitigator

Lowers Risk Group

The Risk Mitigator

May 2021

From the Financial Forensics Team
As featured in NUClaims, covering the business of loss - Insurtech

InsurTech in Claims: Faster, Better, Cheaper

David Gardiner, CPA, SVP, Lowers Forensics International
Grant Mizel, Financial Analyst, Lowers Risk Group

InsurTech has irrevocably changed the way the industry operates, especially in the world of claims. Look no further than Lloyd’s of London for evidence of this fact. Once a pinnacle of tradition, Lloyd’s is now a central player in the transition of insurance from analog to digital, documented by its transformational Blueprint for the Future at Lloyd’s. The Lutine bell isn’t going anywhere anytime soon, but the atmosphere in and around the building has changed for good.

From making day to day operations more efficient, improving underwriting and claims decisions, and digitizing the customer experience, technology promises to provide a pathway to disruption and transformation across these critical areas.

In this article, featured in the latest issue of Claims Magazine, David Gardiner and Grant Mizel illustrate some of the ways InsurTech products and services are being implemented to revolutionize claims processes.

Read the Article


On Demand Webinar: Class Action in Europe

Lowers Forensics International and Insuralex recently hosted a well-attended webinar with experts across the EU who present their national ‘class action’ and elaborate on their thoughts of how the new directive might change the legal landscape.

Topics covered include:

  • Will liability insurance or D & O insurances provide coverage for similar events?
  • What will that look like in case of class action?
  • Will this trigger an update on reserve and premiums?
  • How will legal expense insurances react to this?
  • How will cross border claims in connection look like in terms of evaluating the loss, finding the righteous claims, and sorting out copy-cat claims?

Watch the Recording

From the Adjusteck Team
Spectrum Adjusting

Spectrum Adjusting of Canada is Latest to Join the Fast-Growing Adjusteck Partner Network

April 27, 2021 – Adjusteck LLC, announces the latest addition to its rapidly-expanding global partner network. Adjusteck is dedicated to helping insurers manage loss worldwide through a network of Adjusteck offices and partner locations that now include Spectrum Adjusters in Canada.

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Spectrum Adjusting

Adjusteck Continues to Expand, Announces New Partnership with CLA Ltd in the Caribbean

April 21, 2021 – Continuing its global expansion, Adjusteck LLC is pleased to welcome CLA Ltd to Adjusteck’s fast-growing partner network. As an Adjusteck partner, CLA will serve to expand the firm’s presence in the Caribbean islands.

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Global Adjusting Firm, Adjusteck, Strengthens U.S. Presence with Addition of Brian Fell and William Mullen

Adjusteck Strengthens U.S. Presence with Addition of Brian Fell and William Mullen

March 31, 2021 – Adjusteck LLC, a global loss adjusting and claims management firm dedicated to helping insurers manage loss worldwide, welcomes Brian Fell as Senior Executive General Adjuster and Executive Vice President – US Operations and William (Bill) Mullen, Senior Executive General Adjuster. The addition of Fell and Mullen continues a rapid expansion of Adjusteck in the United States and globally.

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Latest News
As featured in NUClaims, covering the business of loss - Insurtech

Lowers Drone Solutions Launches to Support the Global Insurance and Loss Adjusting Industry

May 6, 2021 – Lowers & Associates announces the formation of Lowers Drone Solutions, offering drone capabilities to support the global insurance and loss adjusting industry. The company’s solutions are designed to better inform underwriting decisions, quickly assess damages for claims adjustments, and perform wide area damage surveys in the event of catastrophic events. Services include inspections, surveys, 3D mapping, and LiDAR through a network of more than 4,000 U.S. domestic pilots and international coverage in over 59 countries.

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Armored Car

Armored Car Crime Report

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