SOURCE: ikeGPS

ikeGPS

November 17, 2015 14:50 ET

ikeGPS Announces Spike Integration With Spex Property Inspection Solution

New Partnership Introduces Spike to Insurance Market

BROOMFIELD, CO--(Marketwired - November 17, 2015) - ikeGPS (NZX: IKE) and Spex announce a new software integration for the insurance industry that combines property inspection platform Spex with Spike, ikeGPS' smart laser measurement solution. The integrated solution produces a modern, mobile-first inspection platform, enabling adjusters and contractors to speed up cycle times to improve productivity, reduce loss adjustment expenses and increase customer satisfaction.

Insurance carriers in the U.S. spend more than $15 billion annually on property claim handling and an estimated $4 billion a year in claims technology. There are approximately 311,000 insurance professionals in the U.S. who process more than 10 million property claims a year. This new Spex and Spike mobile application integration represents ikeGPS' entrance to the insurance industry and the first commercial availability of Spike's application programming interface, or API.

"Since introducing Spike, it's been adopted by real estate appraisers and residential construction contractors for property inspection, and the natural next step for industry adoption is the insurance market," says Jeff Ross, chief marketing officer of ikeGPS. "We're so pleased to partner with Spex, a company that values a mobile-first approach to solving the insurance claims process."

Spex founders are insurance veterans who saw the need for better field solutions following the aftermath of Hurricane Sandy. The new Spex 3 platform streamlines data input from the field and offers adjusters transparent documentation of the process. This helps adjusters avoid the delays, inadequate data and missing information that often come during the claims process. A central Web dashboard houses all information, which users can access when the device is online.

"Spex presents the most comprehensive package of features we have found in the marketplace," says Rod Warner, general manager at Family Mutual Insurance Company, "In our judgement, it is the best property inspection platform out there."

Spex is the first ikeGPS partner to utilize Spike's new API in order to integrate Spike's photo measurement capabilities into the Spex solution. When a claims adjuster uses Spex in the field and needs to capture measurements of a residential property, the adjuster can easily capture a photo of the property using Spike, take the necessary measurements, and then save the Spike photo and data within the Spex app. The photo and measurements can then be added to the report or remeasured for additional estimates.

"With this integration, our customers can utilize Spike to address the often arduous task of physically measuring homes and structures," says Brett Goldberg, CEO of Spex. "This is the perfect solution for the modern adjuster who wants to leverage cutting-edge technology to streamline their claims and work more efficiently. Using Spike will expand our users' capabilities in ways that weren't once possible."

For more information about Spex's new integration with Spike, visit https://spexapp.com/v3/.

About ikeGPS

ikeGPS is changing the way the world is measured, utilizing its smart laser measurement solutions to capture, record and export measurement data. Electric utility, telecom, government, engineering, construction, real estate, signage, and other field data collection-based professionals use ikeGPS products to modernize the way measurements are taken and shared.

Spike, a laser accurate Smartphone measurement solution, and GE MapSight, an all-in-one customizable field data collection solution, uniquely combine intelligent software and hardware into comprehensive but simple-to-use tools. With an ike photograph, you can capture measurement, distance, location and other data in real time, significantly improving business process, user productivity and safety.

ikeGPS is headquartered in Wellington, New Zealand and is listed on the New Zealand Stock Exchange under the stock symbol IKE. The company's sales and marketing organization is based in Broomfield, Colorado, which supports global efforts in the Americas, EMEA, and APAC. For more information, visit http://www.ikegps.com.

GE is a trademark of General Electric Company and is under license by ikeGPS Ltd, 42 Adelaide Road, Wellington 6021, New Zealand.

About Spex
After spending a combined total of more than 25 years working for some of the largest insurance companies and contracting firms in the country, the founders of Spex came to a sobering conclusion: the property inspection process was stressful, complicated and downright miserable for each and every party involved. Determined to turn this negative experience into a positive and effective one, the Spex team set out to create a property inspection platform that would revolutionize the industry. With Spex, businesses can demonstrate that they are serious about customer service, professionalism and quality inspection documentation. Follow Spex on Facebook and Twitter and to learn more, visit http://spexapp.com/.

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Contact Information

  • Contact
    Amanda McGrory-Dixon
    Content Marketing Coordinator
    ikeGPS, Inc.
    +1 303- 222 3218 x713
    amanda.dixon@ikegps.com