Loss Technology Services, Inc.
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Solutions For The Insurance Industry

Solutions For The Insurance Industry

Reports

Project activity reports that assess price, process, and duration of the mitigation or restoration service are produced.

Cost Evaluation with Drying Log InformationCost Evaluation with Drying Log Information

Pricing data submitted by water mitigation contractor is compared to price estimation platform that is implemented by the contractor.

Drying Log by VisitDrying Log by Visit

Daily scientific data entered by contractor during or after each visit to the project site that is used to generate the drying log report upon completion.

Drying Log ReportDrying Log Report

Summary of entire drying scope over the duration of the project; data is compared to industry guidelines, such as the IICRC S500.

 

Process Reports Users Guide
 
WEM - Water Event Manager

Water Event Manager offers third-party validation to help insurance carriers control loss claims cycle time and costs.

  • Real-time, accurate information of water mitigation projects
  • Capability to assess non-WEM contractor services through desk audit upon job completion
  • Standardization of water mitigation claims assessments
  • Increased awareness of industry-accepted structural drying scope and pricing
  • Reduced Severity and LAE costs, and increased efficiency of water loss claims cycle

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