Karen Clark & Company, which specializes in catastrophic risk, modeling, and using models to manage risk, has announced the launch of RiskRover, a new software product that helps insurance companies collect and analyze data from property inspections. The application enables insurers to obtain better information about the properties they insure while increasing the efficiency of inspectors and underwriters.
RiskRover is designed for field inspectors and loss control specialists and intended to be installed on a smart phone or similar handheld device for use in the field. With RiskRover, an inspector can capture detailed property attributes using customizable data fields, photos and videos with tags, and handwritten notes and sketches. The application also can record the address and coordinates of the property using the device's GPS system.
The information collected during the inspection is transmitted to an online database for immediate accessibility. The RiskInsight interface, which is included, allows underwriters and other staff to query and view the data and photos captured by RiskRover.
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