Helping You Get to the Root of this Insurance Ballgame

The human identity is built on many different valuable elements, and yet it has never possessed anything more significant than that tendency of growing on a consistent basis. We say this because the stated tendency has already fetched us some huge milestones, with technology appearing as a major member of the group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up our experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown to become a lot more evident in recent times, and assuming a newly-launched insurance solution shakes out just like we envision, it will only make that trend bigger and better moving forward.

LineSlip solutions, an award-winning SaaS provider that automatically converts commercial insurance documents into insurance intelligence, has officially unveiled a new real estate offering, which will provide risk managers, real estate professionals, and brokers with complete visibility into their insurance coverage at the location level. Under the stated development, the expectation is to help risk managers in better understanding insurance premium allocations, while simultaneously rate experience at the property for more granular reporting of the insurance program cost. Apart from it, the solution is also well-equipped in terms of accommodating third-party weather data. But what’s the utility of the latter feature here? You see, by delivering the stated data at your disposal, the solution basically empowers you to track certain natural threats in real-time, something that can be useful in gauging a fair overall insurance value. If this somehow isn’t impressive enough, it also lets you gain an extensive lowdown on the historical weather experience at specific locations so to better inform all your future decisions.

“Extreme weather caused billions in losses worldwide just last year,” said Leo Bernstein, CEO and founder, LineSlip Solutions. “In order to mitigate impending risks, technology will play a key role in helping real estate investors and companies better track their weather-related exposures and associated insurance spend.”

Founded back in 2016, LineSlip Solutions is today an award-winning SaaS company that prepares you to navigate through the risks of insurance business. To achieve the stated goal, LineSlip leverages its cutting-edge Commercial Insurance Risk Intelligence (CIRI) software, which converts program documents to data-rich dashboards, and therefore, keeps the relevant personnel updated regarding the industry’s risk landscape. Beyond the knowledge aspect, the incentive for using this solution also talks to benefits like faster reporting, clearer stakeholder communication, fewer errors, and greater capacity for strategic leadership.

“LineSlip Real Estate has everything a risk manager needs to identify locations and their total insured value in the path of incoming storms, fires and floods,” said John Couri, manager of risk and insurance at CC Industries (CCI). “The map and overlaying features are easy to read, and having all the company’s locations identifiable on one map is a much-needed upgrade from the standard Excel spreadsheet. I will be using this product consistently throughout the year.”