Extreme weather on the east coast this winter has led to a surge in homeowners’ claims and invoices from independent claims adjustors. But in February, UPC Insurance, which offers homeowners, fire and flood insurance, was able to process nearly twice as many invoices -- 1,154, up from an average of 700 -- from its adjustors and reduce the average time to close a claim to 2.8 days from four days.
UPC partnered with VIP Software to develop Bill Audit Pro for home inspections, which after a month of production is cutting the time to pay vendors in half, and making adjustors’ jobs easier by automating the creation and upload of invoices into UPC’s estimating system.
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