What is Cloud Storage?
What do you think of when you hear the words ‘Cloud Storage’? Are the words alien to you or do you start thinking about big corporations who might use cloud storage in their operations? About a decade ago, ‘Cloud’ was starting to become a buzzword in the IT field and people knew little of this emerging tech.
There was a lot of speculation around its use, and enterprises saw cloud storage as a technology to store and share massive amounts of data. Today, 81% of all enterprises have cloud technology in place. A host of workplaces use cloud storage to catalog as well as retrieve their data.
Cloud Storage for Adjusters
How can claims adjusters use cloud storage to their benefit? What are the major benefits that cloud storage provides to claims adjusters in their day-to-day work? Today, we have a look at some of the best use-cases of cloud storage for claims adjusters:
Claims adjusters handle hundreds of claims on a weekly basis. These range from daily claims to larger property claims arising out of water damage or floods. Apart from these claims, catastrophe adjusting brings a host of large loss claims their way. Handling such a large volume of claims means working with massive amounts of data and paperwork. It is no surprise that it is hard to keep track of such a high volume of information. What’s even more difficult is storing all this data in one place.
With cloud storage, claims adjusters can keep all the information related to claims in one place. Instead of storing all the paperwork in multiple files in an office, claims adjusters can leverage the power of cloud storage to easily locate documents and cut spatial constraints.
Increased sharability of documents
All the paperwork that claims adjusters are responsible for needs to be shared with and accounted for by the IA firms they are working with. An adjuster has to relay essential information regarding inspections and all their details back to the firms in a timely manner and oftentimes, there is a risk of missing out on vital information.
With cloud-storage, another great benefit that claims adjusters can enjoy is the ease with which information can be shared with anyone. Cloud-storage makes it easy for adjusters to share information rapidly and accurately with IA firms and thus make their overall process more efficient.
Being a claims adjuster requires one to travel a lot and oftentimes, adjusters are gone away on CAT or large loss assignments for weeks. The paperwork lying in their office can be prone to damage, should an event occur. Other times, adjusters might accidentally lose important documents related to inspections.
For such instances, having cloud storage is a major benefit as it offers greater security to claims adjusters. All the important information is saved in one place and can be password protected to ensure the greatest security. With cloud storage, claims adjusters can drop external or internal threats to sensitive information.
Greater efficiency and productivity:
Claims adjusters spend more hours on paperwork than anything else. Studies show that paperwork is the most time-consuming aspect of the inspection process. Since cloud storage cuts down on cost and time spent on storing information, claims adjusters can become more efficient and productive with inspections. It is easier to collaborate between IA firms and adjusters when there is cloud storage in place as it makes data sharing easier. This helps decrease claims cycle-time from start to finish.
The Big Takeaway:
Sounds interesting? Implementing cloud storage into the workflow can greatly help claims adjusters become more efficient and productive with inspections and can reduce claim-cycle times by half.
Using applications like JustEZ which provide end-to-end solutions, right from scheduling inspections to providing integrated cloud storage to inspecting damages and creating scoping reports, claims adjusters can see a significant rise in the number of claims they are able to handle every day. JustEZ provides integration with Dropbox making it easy for claims adjusters to sync their media as well as sensitive documents and access them from anywhere.
Cloud storage has a lot of benefits and claims adjusters can implement it to enhance their overall operations.