60.2 F
Los Angeles
Friday, Mar 1, 2024

Silicon Beach Regional Report: Silicon Beach Hosts its first Insurtech Event

DropIn, Inc. (DropIn), provider of an on-demand, live video platform for the insurance and automotive industries, partnered with tech networking industry leader Digital LA to host a fireside chat discussing the state of the union in Insurtech hosted at CTRL Collective.

The first of its kind held in Silicon Beach featured the Director of Innovations from State Farm, Bill Cecil, DropIn founder Louis Ziskin, and Insurtech investor/ resident entrepreneur with Propeller.vc, Ben Way.

Bill Cecil, of State Farm noted DropIn’s popularity with insurers is that the company “listens to clients and tailors the DropIn platform around those needs rather than imposing their technology on insurance companies.”

“We analyze our clients needs and environment and optimizes our platform to satisfy those needs,” said Louis Ziskin, CEO for DropIn. “We are excited in the coming weeks to announce a new partnership that continues to place DropIn on the cutting edge of the (now growing) insurtech scene.”

Digital LA was founded in 2007 by veteran entertainment executive, Kevin Winston. Digital LA’s newsletter subscription boasts nearly 80,000 members, and is continuing to grow.

Los Angeles, California-based DropIn was the first company to provide two-way audio with less than one second latency live streamed from a drone, and is an innovative provider of live video and still image capture via drones and smartphones for the property and casualty (P&C) insurance and automotive industries.

Ziskin recently demonstrated DropIn’s image capture capabilities for insurance industry attendees, press and potential investors during the Plug and Play Insurance Accelerator’s Winter Summit in Sunnyvale, California, and will be speaking next on March 15th at a “Career Day” for Beverly Hills High school students discussing entrepreneurship.

DropIn provides an on-demand, live video platform which enables more precise underwriting risk assessments, speeds claim resolution, enhances damage estimate accuracy, and reduces indemnity and loss adjustment expenses (LAE). DropIn ensures property and casualty (P&C) insurance companies, managing general agencies (MGAs), third-party adjusters (TPAs), segments of the automotive industry, and managed repair networks, can access and utilize streaming video and high-resolution photos captured directly by customers or via a crowdsourced independent contractor network using commonly-available insurtech tools, such as smartphones and drones, to achieve better insight into the intricacies of auto and property damage for enhanced decision-making.

For more information about DropIn, please visit dropininc.com.

Featured Articles

Related Articles