This startup provides a platform that streamlines the insurance claims process for policyholders, insurers, and their partners. It addresses long-standing challenges within the insurance supply chain to enhance the overall claims experience.
Funding
$100.3K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The home insurance claims process is often slow and inaccurate due to fragmented data, inconsistent assessments, and a lack of real-time policy context, leading to increased costs and complexity for all stakeholders. Existing systems struggle to ensure consistent data standards and interoperability across the insurance supply chain.
Solution
Lodgicl provides a claims execution layer for home insurance, beginning with structured, real-time assessments to streamline the claims process. The platform ensures shared data standards and provides real-time policy context, enabling faster and more accurate assessments. By fostering interoperability over integration, Lodgicl connects repairers, insurers, and other third parties within a unified supply chain. The solution facilitates smart automation, moving beyond digitizing paperwork to automating decisions, ultimately enhancing the claims experience for policyholders, insurers, and their partners.
Target Audience
Lodgicl targets home insurance carriers, assessors, and repair networks seeking to streamline claims processing, reduce costs, and improve customer satisfaction.
Features
- Structured data capture for consistent and accurate home claim assessments
- Real-time policy matching engine to ensure coverage logic is applied consistently
- Interoperable platform to connect insurers, repairers, and third-party service providers
- Automated workflows to streamline the claims process from assessment to resolution
- AI-driven decision support to automate claims decisions