Headquartered in West Des Moines, Iowa, Recoop Disaster Insurance is a multi-peril property and casualty insurance product designed to quickly pay claims following a natural disaster.
Its coverage aims to fill the gaps left by most traditional homeowners and renters insurance policies in the wake of a disaster, by paying a lump-sum cash benefit (up to $25,000) following a covered natural disaster, including hurricane, wildfire, tornado, earthquake, gas explosion, winter storm, or dust storm.
Connecticut-based Insurity supplies over 250 customers with insurance software across the entire policy lifecycle. Its solutions include tools for claims, policies, payments and data analytics.
The recently-launched administrative service platform, which is backed by Insurityâ€™s Sure Personal Suite, went live in less than four months.
Recoop said it will enable it to automate routine tasks and provide self-service capabilities for policyholders, therefore dramatically reducing the need for manual processing and eliminating inbound and outbound paper.
Insurityâ€™s Sure Personal Suite delivers faster speed to market through a modern, intuitive and cloud-native platform.
The launch of the platform means Recoop customers can now quickly get a quote, purchase a policy and pay online in a self-service fashion via Automated Clearing House network or credit/debit card.
Darren Wood, founder and chief product officer of Recoop Disaster Insurance, said, â€œLeveraging Insurity’s cloud-based and intuitive Sure Personal Suite accelerates the delivery of high-quality service our policyholders expect.
â€œThe self-service capabilities of Sure Personal empower our policyholders to have a more responsive, intuitive experience, which helps us deliver on our commitment to help people rebuild and get back to life faster following a disaster.â€
Earlier this year, Insurity partnered with MPX to streamline insurance interactions.
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