In c3225 transmitted on Monday, June 6, 2011, an error occurred in the
second and fifth paragraphs. Corrected copy follows:
iv3 Loss Control Solutions Expands PropertyIntel™ Service
Canada-Wide Network Of More Than 3,000 Field Agents Enhance Quality And Coverage
TORONTO, June 6, 2011 /CNW/ - iv3 Loss Control Solutions, one of North
America's leading providers of technology-based inspection and risk
analysis solutions to the property and casualty insurance industry,
today announced it has enhanced the quality and geographic coverage of
its PropertyIntel service.
PropertyIntel is a technology-enabled service that combines property
information with third party replacement costs and other analytics
validated through iv3's quality assurance capabilities. Until now,
property information was provided only through integrated databases
such as property tax information. Now, PropertyIntel leverages
physical inspections from the company's network of more than 3,000
Canadian field agents - a group which includes both insurance
inspectors and residential property appraisers. These inspections,
conducted across the country, increase the quality and timeliness of
reports which are delivered within 15 business days, guaranteed.
According to Angelo Grossi, President of iv3, the enhancements will
significantly benefit the organization's insurance clients. "From a
customer perspective, this is exciting news," he says. "Not only will
they benefit from the increased quality and coverage generated by our
massive network of field agents, but they'll also receive reports in 15
business days, guaranteed. That turnaround time is simply unheard of
in the industry today. PropertyIntel's combination of bricks and
clicks is definitely a winning formula."
Victoria British Columbia-based residential appraiser Andrea Skinner is
part of iv3's field agent network. "I'm thrilled to work with iv3 and
deliver inspections for PropertyIntel," she says. "And, because the
partnership provides me with both property inspections and home
appraisal assignments, we're helping each other be more productive for
our common customers. It's really a win-win for everyone."
PropertyIntel provides insurance companies with four levels of service.
These include: iv3 PropertyIntel Ping™, a real time, web-based insurance-to-value estimate; iv3 PropertyIntel Hazards™, a report that provides risk recommendations based on an on-site
exterior inspection; iv3 PropertyIntel Exterior+™, a report that offers insurance-to-value estimates and risk
recommendations based on an on-site exterior inspection; and iv3 PropertyIntel Full™, a report that offers insurance-to-value estimates and risk
recommendations based on an on-site interior and exterior inspection.
Additionally, the extensive network of field agents ensures iv3 is able
to conduct inspections in all areas of Canada, including typically
harder-to-reach areas such as Northern British Columbia and Northern
Alberta. PropertyIntel's 15 business day delivery time also helps
insurance companies remain well within the Insurance Brokers
Association of Ontario (IBAO) guidelines with respect to conducting and
reviewing appraisals within a 90 day period.
About iv3 Solutions
iv3 Loss Control Solutions is a technology driven property and casualty
insurance inspection provider. Through the cloud-based redihive™ environment, the organization provides residential and commercial
property inspection, risk analysis and insurance-to-value information
gathered through partnerships with more than 18,000 North American
field agents. The organization is headquartered in Toronto, Ontario.
More information is available at www.iv3solutions.com.
SOURCE iv3 loss control solutions
For further information:
Vice President, Marketing & Communications
iv3 Loss Control Solutions