Verisk and DocuSketch Announce Strategic Integration to Enhance Estimate Digitization

Claims adjusters, restoration professionals and policyholders to benefit from operational efficiencies

Newark, December 14^th, 2023 – Verisk, a leading global data analytics and technology provider, and DocuSketch have jointly announced a strategic integration to further digitize the processing of restoration claims within the Verisk customer network and claims professional ecosystem.

In this collaborative effort, DocuSketch’s comprehensive sketching capabilities will empower claims adjusters and restoration companies to enhance their operational efficiency. They will be able to transform 3D photographs of restoration sites into accurate sketches.

As part of the Verisk ecosystem, DocuSketch has successfully provided clients with a concise sketching solution, delivering accurate Xactimate sketches and high-resolution imagery for an average-sized home in a timely manner. This integration is the latest step by Verisk to optimize user workflows.

Harnessing the cutting-edge technologies offered by both companies brings a new level of transparency, workflow efficiency and accuracy to all stakeholders involved in a claim. The visual documentation of the entire restoration project is a common use case for DocuSketch users, and empowers detailed comparisons at every stage of the process.

“We’re laser-focused on making the claims process simple and frictionless for insurers, restoration professionals and their customers,”

said Aaron Brunko, president, Property Estimating Solutions, Verisk.

“We are excited that this integration with DocuSketch will streamline workflows and increase accuracy and transparency for our clients and deliver a superior experience for policyholders as we work to build resiliency in the claims process.”

Ralf von Grafenstein, CEO at DocuSketch commented:

“With deepening our collaboration capabilities with Verisk, we are able to provide our mutual customers the gold standard in processing and documenting a claim. Making DocuSketch a premier choice partner for 360° documentation, notes, sketching, scoping, and estimating services.”

Learn more about Verisk’s Xactimate platform and DocuSketch’ Quick-Capture technology.

About Verisk

Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, ESG and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities, and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

Verisk Media Contact
Michelle Pantina
551-500-7327
michelle.pantina@verisk.com

About DocuSketch

Having successfully streamlined and processed over 580,000 insurance claims within the restoration industry, DocuSketch stands as one of the industry’s largest and most rapidly expanding software vendors. Today, more than 10% of the annual market volume of restoration claims in the United States are being processed through our cutting-edge technology. We take immense pride in serving a user base exceeding 11,000 restoration professionals, which includes the trust of 8 out of 10 of the largest restoration businesses. They confidently rely on our intuitive all-in-one product suite including advanced features such as 3D imagery, technology-enhanced sketching and scoping, and a proven outsourcing service to generate insurance-compliant claims.

Join us at DocuSketch as we continue to lead the way in transforming the restoration industry through innovation and efficiency.

DocuSketch Media Contact
Mark Muschelknautz
mark.muschelknautz@docusketch.com