Snapsheet is the pioneering provider of virtual claims technology and services to auto insurance carriers that guides their customers step-by-step through the entire claims process. From first notice of loss to final settlement, Snapsheet is the only platform that is a complete end-to-end solution. Snapsheet’s innovative technology takes the stress and inefficiency out of the claims process by enabling users to take photos of vehicle damage and receive an estimate in under three hours, on average. Claimants can receive their settlement far faster than traditional methods through Snapsheet’s innovative, frictionless payment solution Snapsheet Transactions.
Nominated for: Best InsurTech Solution
Snapsheet is an end-to-end virtual claims solution that greatly improves the often stressful and inefficient experience for auto insurance carriers’ customers. Snapsheet’s technology allows claimants to upload photos of vehicle damage and receive an estimate in less than three hours, on average, from an experienced virtual adjuster. The customer is then guided throughout the claims process, helping them navigate everything from locating a repair professional to setting up a virtual payment that can be directly deposited into their bank accounts. For insurance carriers, Snapsheet’s platform provides a wide-range of benefits and is easy to integrate. The platform’s payments technology can be implemented in as little as 45 days and can be adapted to existing infrastructure. The platform also allows carriers to adapt to customer needs in realtime throughout the lifecycle of receiving and processing a claim, improving both customer satisfaction and cycle times. With an average 2.5 days to close per claim and a near-perfect customer satisfaction rating, Snapsheet continues to set itself apart by eliminating pain points in the claims process for both carriers and their customers. The company has worked with more than 50 carriers, including innovative players like Metromile and Turo, and has raised in excess of $40 million from well known VCs like F-Prime and OCA Ventures.