Kingstone Insurance Partners with Flyreel to Offer Breakthrough Contactless Home Inspections

first_img By Digital AIM Web Support – February 9, 2021 Local NewsBusiness Twitter WhatsApp KINGSTON, N.Y.–(BUSINESS WIRE)–Feb 9, 2021– Kingstone Companies, Inc. (Nasdaq: KINS), a Northeast regional property and casualty insurance holding company, parent company of Kingstone Insurance, today announced a strategic partnership with Flyreel, Inc., the most advanced Artificial Intelligence (AI) platform for property insurance, to help customers manage risk and prevent loss through AI-assisted inspections. Flyreel’s revolutionary AI assistant guides homeowners through a customized self-inspection of their property, using their smartphone camera and advanced computer vision technology to document property features, as well as risks and hazards. Kingstone’s customers have embraced the Flyreel experience, allowing them to conduct their home inspections at their convenience and on their terms, with no need for an in-person visit from an inspection service. More than 94% of users expressed satisfaction with using the AI assistant, with ease of use and the ability to conduct a contactless inspection as common reasons for the positive feedback. The adoption of this technology has decreased processing time for Kingstone’s underwriters by providing high-quality, real-time data directly from the policyholder. The unprecedented access to the interior of the home has also raised awareness of potential risks and hazards previously unexposed to Kingstone. “Flyreel’s AI powered-app offers Kingstone a long-term solution for customer-first inspections,” said Robert Jacobson, Kingstone’s Vice President of Operations. “Overall, we are seeing a quicker, smoother, and more comprehensive inspection solution for both the customers and underwriters. Kingstone is gaining actionable data in a new way that streamlines the process while also improving the outcomes.” “We’re honored to support Kingstone Insurance in their mission to provide a best-in-class experience to their customers, all while improving underwriting outcomes and efficiency,” said Cole Winans, CEO of Flyreel. “We’re excited to be partnering with Kingstone as they remain steadfast in their commitment to protecting their homeowners with the best of today’s technology.” Visit https://www.kingstoneinsurance.com to learn more about Kingstone Insurance. About Flyreel Flyreel provides Total Property Understanding™ for underwriting, loss control and claims. Flyreel’s advanced AI assistant guides users through fully configurable workflows. As users scan their property with their smartphone camera, Flyreel’s proprietary computer vision technology automatically documents critical property data like hazards, risks, features, materials and more. Flyreel’s AI Assistant can “react and respond” to data collected by the policyholder, adapting and customizing conversational workflows based on the unique attributes that it “sees” in near real-time. To learn more about Flyreel, visit https://www.flyreel.co/. About Kingstone Companies, Inc. Kingstone is a Northeast regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company (“KICO”). KICO is a multi-line carrier writing business through retail and wholesale agents and brokers. KICO offers primarily personal lines insurance products, as well as Physical Damage Only coverage to taxi, limousine, and transportation network vehicle owners in New York State. Actively writing in New York, New Jersey, Rhode Island, Massachusetts, and Connecticut, Kingstone is also licensed in Pennsylvania, New Hampshire and Maine. View source version on businesswire.com:https://www.businesswire.com/news/home/20210209005320/en/ CONTACT: Kingstone Companies Robert Jacobson, (845) 340-8370 ([email protected])Flyreel, Inc. Alyson Austin, (949) 403-0484 ([email protected]) KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY CONSTRUCTION & PROPERTY OTHER TECHNOLOGY SOFTWARE HARDWARE OTHER CONSTRUCTION & PROPERTY DATA MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE SOURCE: Kingstone Companies, Inc. Copyright Business Wire 2021. PUB: 02/09/2021 09:01 AM/DISC: 02/09/2021 09:02 AM http://www.businesswire.com/news/home/20210209005320/en Twitter Facebook WhatsAppcenter_img TAGS  Facebook Pinterest Kingstone Insurance Partners with Flyreel to Offer Breakthrough Contactless Home Inspections Previous articleKathy Cody Appointed President of Orchid InsuranceNext articleDisrupting Pharmacy Benefit Management: RxParadigm Launches to Restore Drug Industry Competitiveness and Reduce the Costs of Prescription Drugs for Americans Digital AIM Web Support Pinterestlast_img read more

Ag econ awards

first_imgBy Cat HolmesUniversity of GeorgiaDavid McElyea, Randy Nuckolls and John Hayes garnered the first Outstanding Agricultural Economist Awards during the J.W. Fanning Lecture and Awards Luncheon Nov. 11 in Athens, Ga.The awards, sponsored by the Agricultural Economics Association of Georgia, recognize agricultural economists who have shown outstanding achievement and leadership.McElyea and Nuckolls each won the Distinguished Professional Award.”Both candidates were so exceptional that we decided each deserved the award,” said Fred White, head of the University of Georgia agricultural and applied economics department.McElyea is the vice president of global financial services information management at American Express. He was responsible for re-engineering the company’s risk management systems worldwide.He pioneered the use of statistical models and economic logic.When McElyea started work at American Express, the company had no other applied economists on staff. He persuaded the company to hire four of his former UGA classmates.This core group modeled economic decisions for American Express that resulted in annual savings of more than $100 million. The company now employs 400 financial and corporate planning and marketing professionals.In 1992, McElyea received the Smithsonian Computer Science Award.Nuckolls is the managing partner of the Washington, D.C., law firm McKenna, Long & Aldridge. He served as legislative counsel for Georgia Senator Herman Talmadge and chief counsel and legislative director for Georgia Senator Sam Nunn before turning to private practice.Today, with expertise in higher education, agriculture, environmental issues and natural resource policy issues, Nuckolls serves as general counsel or Washington counsel for a number of corporations, trade associations and nonprofit organizations.The distinguished young professional award went to Hayes, a territory manager for John Deere. Hayes counsels dealers on sales programs, inventory management, business and development planning and retail sales promotion.Hayes won the 2000 John Deere Leader’s Circle Award given to top territory field teams in the company.Paul A. Drazek presented the 19th Annual J.W. Fanning Lecture, “Trade Negotiations and Agriculture: What Can Georgia Farmers Expect?”Drazek is an agricultural trade policy specialist and former special assistant for international affairs to the U.S. secretary of agriculture.(Cat Holmes is a news editor with the University of Georgia College of Agricultural and Environmental Sciences.)last_img read more