Appraiser Portal dramatically increases speed and productivity of issuing new policies. The system offers standardized data collection that captures all key attributes for a proper and thorough appraisal.
Fairview Heights, Ill. (PRWEB) September 30, 2011
Replacement Services, the leading force in the jewelry insurance industry, announces the launch of a new appraisal system uniquely designed for appraisers and insurance companies. Appraiser Portal standardizes appraisal forms ensuring the capture of important attributes of an appraised item, eliminating confusion and concern.
“The current appraisal documentation required by insurance companies is not standardized and involves many unnecessary and inconvenient procedures” said Kurt Artinger, Chief Executive Officer, Replacement Services. “There are more than 40,000 people performing jewelry appraisals in the US for insurance purposes and virtually every one of them creates their own appraisal form. Many of the appraisals an insurance company receives do not capture all the important information needed to properly insure an item.”
Insurance underwriters are employed with the task of capturing all the data from differing appraisal structures and wording. Therefore, the costs associated with issuing a new policy or updating an existing one are very high. In addition, appraisers and consumers easily misplace or lose copies causing major distress at the time of loss. Appraiser Portal eliminates a lot of the challenges associated with traditional recordkeeping.
Appraiser Portal is located on an insurance company’s website with login specifically for the appraisers. Appraisal templates are precisely designed for the type of item to be appraised, ensuring proper documentation of all important attributes. After the appraisal is completed, it can be printed, saved and filed. The data is then streamed into the insurance company’s system, eliminating data entry and the need for agent involvement. Appraiser Portal stores all information to be easily accessed by an insurance company through a variety of searches or by logging in from any computer worldwide.
“Creating a lean process for both the appraiser and insurance company is a win-win solution,” said Artinger. “Appraiser Portal dramatically increases speed and productivity of issuing new policies. The system offers standardized data collection that captures all key attributes for a proper and thorough appraisal. Individual insurance agents, underwriting departments and insurance companies will no longer need to perform the data entry functions of the past.”
In addition to insurance companies’ websites, appraisers have the option to access the system at http://www.appraiserportal.com. Through this site, appraisers can create new appraisals and access any appraisal done in the past. The system allows images to be easily loaded, therefore encouraging the use of photos. Lastly, an appraiser can customize the look and feel of each appraisal form.
About Replacement Services
Replacement Services introduced the nation’s first completely interactive insurance replacement website in January 2001. After years of preparation, Replacement Services received two patents from the USPTO for innovations in technology. Replacement Services has alliances with the nation’s leading jewelry manufacturers and insurance companies to make replacing jewelry quick and simple for the insured. With two offices located 20 miles east of St. Louis, Replacement Services is centrally located to assist clients and policyholders nationwide. Replacement Services leads the industry with innovation through creating the most advanced web-based claims platform for property and causality insurers. For more information, visit https://www.replacementservices.com/.