Adjusto provides claims solutions for personal property insurance, focusing on improving trust and transparency in the claims process. Their platform aims to streamline and simplify personal property claims, leading to increased customer satisfaction and loyalty for insurers.
Funding
Funding not disclosed
Founders
Product
Problem
The personal property claims process in the insurance industry is often slow, manual, and frustrating for both policyholders and adjusters, leading to eroding trust and increased costs. Traditional systems struggle to handle the increasing volume of claims, especially in the face of more frequent and severe disasters. This results in delayed payments, endless paperwork, and poor communication.
Solution
Adjusto offers an AI-powered platform designed to streamline and automate personal property claims, improving efficiency and transparency. The platform uses AI and automation to identify, match, value, depreciate, and manage contents, enabling faster claim settlements. By integrating directly via API or as a standalone product, Adjusto aims to fit seamlessly into existing workflows, eliminating friction and strengthening adjuster-policyholder connections. The platform's intuitive design and personalized workflows help build trust and ensure accurate valuations.
Target Audience
Adjusto primarily targets insurance carriers and third-party administrators (TPAs) seeking to modernize their claims processes, reduce costs, and improve policyholder satisfaction.
Features
- AI-powered Contents Matching Engine for handling claims of any size with precision
- Automated Rules Engine to eliminate human error and scale best practices
- Valuation Engine providing ethical and fair valuations based on real-time data
- Straight-through processing for straightforward claims, enabling settlements in minutes
- API integration for seamless connectivity with existing systems
- Intuitive interface designed for both adjusters and policyholders