Loss Technology Services, Inc.
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WEM - Water Event Manager

Loss audit services

Loss Audit Services (LAS) provides comprehensive claim audit services for insurance carriers and adjusters. We combine our certified environmental analyst expertise with state-of-the-art technology to provide the most accurate and fair analyses of your water, mold, and fire loss claims. Click here to learn how LAS helps you control severity and compress cycle time.    


WEM - Water Event Manager

Water event manager

Water Event Manager (WEM) is an intelligent online model that validates structural drying project scope and pricing for water loss claims. WEM uses proprietary algorithms based on industry guidelines, including the IICRC S500. Users benefit from objective, real-time validation of water loss services that result in efficient claims cycle time and appropriate costs.


 

WEM Benefits for Property Insurance Carriers

Property insurance carriers are constantly seeking opportunities to compress Cycle Time, reduce Loss Adjustment Expense (LAE) and Severity. Water Event Manager electronically sends insurance carriers concise reports on the structural drying project during and after the mitigation in real-time the scope and pricing being utilized on their water loss claims. Since insurance carriers can access their claims as they are being completed, retroactive negotiation is virtually eliminated, decreasing the time and cost of the claims cycle.

How WEM helps Water Mitigation Contractors

Water damage mitigation contractors that utilize Water Event Manager differentiate themselves by verifying that their project scope and pricing are accurate and in compliance with industry standards. With WEM, water mitigation contractors improve their credibility, trust and overall customer satisfaction - necessary components for repeat business from carriers and property owners.

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