Submitted by

Allianz Partners

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are...

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04/04/2023 Insurance Innovation
Easily submit claims through uploading pictures or videos of the damage and instantly receive fair valuation & direct compensation in your bank account! Instant cash settlement at your fingertips
Innovation details
Country
Spain
Category
Product & Service Innovation
Keyword
Customer experience, Operational excellence & efficiency, Home insurance, Insurance, Innovation, Claims management, Automation, Assistance
Total Cost
$500k-1M

Innovation presentation

MAvalue Selfcare is a web app that does not require previous downloading and allows the customer to notify any type of incident at home (content and/or building), obtain an immediate cover check, loss assessment, and instant cash settlement, in just a few seconds. The process is simple, intuitive, and seamless. No phone calls are required, no need to set a loss adjuster/surveyor appointment or to check multiple quotations. To ensure the highest accuracy in valuation, predictive models and AI algorithms have been developed based on an extensive database taking into account over 40 years of experience in repair in kind, over 15 million claims, over 8 million goods database for content valuation, and exhaustive pricing lists with unitary costs per damage & repair.

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