EcoClaim
EcoClaim provides insurance companies with a platform to measure, manage, and reduce Scope 3 greenhouse gas emissions across their claims supply chain. The solution combines field-level data collection with the EcoClaim TRAX™ software suite to track avoided emissions from activities like waste diversion and rebuild practices, moving insurers beyond spend-based estimates. The platform also includes a certification program that trains and accredits contractors as preferred vendors for insurers.
- Clean Technology
- Insurance Technology
- Data & Analytics
- Software Only
- Artificial Intelligence
Funding
Founders
Founder details are not available yet.
Product
Problem
Insurance companies face growing regulatory pressure to measure and reduce Scope 3 greenhouse gas emissions, yet the claims supply chain—including contractors, adjusters, and recyclers—remains a significant source of emissions that is difficult to track. Traditional spend-based estimation methods, such as PCAF Score 5 approaches, rely on broad financial proxies rather than actual field data, inflating risk and preventing meaningful reduction strategies.
Solution
EcoClaim offers an end-to-end platform specifically designed for the insurance claims supply chain, enabling insurers to measure, manage, and reduce their Scope 3 emissions. The solution centers on collecting accurate, field-level data from claims activities rather than relying on benchmark estimates, which supports better planning and decision-making. EcoClaim TRAX™ software measures and reports avoided emissions associated with greenhouse gas hotspot reduction activities, such as waste diversion and rebuild practices, while providing feedback to contractors to improve their performance. The platform also includes a certification program that unites the entire claims supply chain—including MGAs, brokers, adjusters, specialized experts, and contractors—on a shared sustainability journey, helping insurers align environmental goals with operational efficiency and cost savings.
Target Audience
Primary customers are insurance companies, including MGAs and brokers, who need to measure and reduce Scope 3 emissions across their claims supply chain, along with the contractors, adjusters, and recyclers who participate in the certification program.
Features
- EcoClaim TRAX™ Emissions Reporting software for measuring and reporting avoided emissions from claims supply chain activities
- EcoClaim TRAX™ Waste Diversion module for tracking waste diversion efforts and associated emissions reductions
- EcoClaim TRAX™ Rebuild Better module providing carbon estimates for rebuild and repair practices
- Field-level data collection that moves beyond spend-based estimates to deliver accurate, verifiable emissions data
- Contractor certification program with training courses (EcoAware, EcoDivert) that requires 15% of full-time employees trained with a minimum of 2 people per firm
- Carbon Exchange and carbon offset services for managing residual emissions
- Claimshow integration offering AI-powered estimate audits, damage assessments, and replacement cost valuations