The Problem We Solve

The costs of contents claims are enormous.

  • EquiX estimates that insurers pay households and businesses $12 billion to $17 billion for lost contents every year in the U.S. alone.
  • Insurers estimate that their adjusters spend up to one-third of their time identifying and valuing the dozens to thousands of items in a contents claim, a large operating expense for insurers.
  • The contents portion of a claim is also often a source of disagreement and claimant dissatisfaction, leading to settlement delays, litigation, and customer churn for the insurer.

The Property Claims Process: Multibillion-Dollar Mess