Complementary Solutions

Loss Control

Drive Intelligent Risk Insights

Today’s market environment demands a greater focus on underwriting profitability and risk mitigation in order to minimize claim and enhance customer experiences. Loss control is not just for complex, high-risk scenarios, but available for a broader portfolio leveraging self-service loss control, automation, and integration to core.

The Future of Loss Control Is Here

The most fully featured and configurable loss control management software that automates the life cycle of a survey from creation to completion with an ecosystem of tools intelligently driven by data from Majesco’s growing contributory database, integrated business solutions, third party data, inspection companies and more.

Innovative AI Using the Industry’s Largest Set of Survey Data

Loss Control’s data includes over 16 million property surveys completed by trained risk engineers in the field and has been QA tested. Those 16 million surveys contain over 200 million photos, all tagged to the risk. It is the perfect (valuable and massive) data set upon which to applying machine learning.

AI-Enabled Property Risk

The risk characteristics contained within the database allow Majesco to create models that can determine how much risk there is for almost any specific given property. Take a picture of an electrical panel, a hot water tank, a roof, a backyard, and the software will automatically analyze and match it against the 200 million photos in the database.

Insurance Solutions

Premium Audit

Verify premiums and validate underlying rating for lines of business with an easy to use step-by-step workflow.

Guide Stream

Virtually guide policyholders to collect critical information and optimize underwriting decisions. 

RapidSketch

Sketch directly within Loss Control and automatically attach your finished floor plans to a survey.

Automate & Streamline Loss Control Surveys

Automate the survey lifecycle from creation to completion with the most robust, configurable survey management platform available.

Leverage Data

Leverage a robust data warehouse of your third-party and contributory data for collection, risk analysis and reporting.

Gain Risk Insights

Analyze your book of business to identify survey suggestions to a larger portion of the business to drive informed decisions and improved profitability.

Empower Your Team

Empower and grow your field loss control staff with automated, intelligent surveys that deliver faster results with increased customer satisfaction.

“For us, Loss Control is not just a system that we send out to collect some basic information, the system is truly baked into the bread and butter of our company.”

Erin Selfe, VP of IT, Pennsylvania Lumbermens Mutual

FAQ

What is a Loss Control Platform?

A loss control platform manages the entire loss control survey process on insured properties. This includes ordering, assignment to field staff, quality assurance, underwriting, and recommendation follow up. Survey reports, and recommendation letters are generated for underwriters and insureds and this data can be kept in the platform as a system of record.

What is Premium Audit software?

Premium Audit software helps insurance companies facilitate a periodic review to make sure the estimated workers compensation premium established at the beginning of the policy period accurately reflects any changes in business operations and/or payroll that may have occurred since the policy was issued.

What is a Guide Stream session?

A Guide Stream session is a survey conducted virtually via a live video stream. The session is mentored by an insurance professional who guides a policyholder or other insurance professional through a virtual inspection of a risk. The mentor may take photos and ask questions while providing guidance and recommendations to the inured.

The Future Starts With Majesco