Natural Disasters amid COVID Underscore the Critical Need for Digital Transformation

Mother Nature continues to be exceptionally busy this year with extreme and dangerous weather events. In 2020 alone, California wildfires have burned over 3.2 million acres of land — comparable to the size of Connecticut. In August, the National Oceanic and Atmospheric Administration updated its seasonal forecast to an “extremely active” hurricane season with 19-25 named storms, including 7-11 hurricanes. Not to mention, just a month ago, a derecho ravaged the Midwest and even made its way through Chicago.

The damages and loss left behind from these storms and fires are unimaginable, and they are even harder to manage when paired with a global pandemic. Homeowners are left feeling scared, lost and displaced, and that’s why it’s more important than ever for insurance carriers to provide safe, reliable and guaranteed services.

While coronavirus has expedited digital transformation for the insurance industry, natural disaster relief reminds us how critical it is to deliver easy and quick claims experiences for insureds.

Snapsheet has a new strategic partnership with Kin that will automate and digitize the claims experience for home insurance. As homeowners in coastal regions such as California and Florida assess their home insurance needs for increasingly active weather, carriers need to be ready to act.

COVID-19 has brought disruptive change to businesses, and the importance of cloud adoption for resiliency is clearer than ever. Leveraging cloud-native, SaaS solutions enables ongoing innovation to ensure business continuity. Have you started your cloud journey yet?