The global property and casualty insurance industry is struggling to keep pace with the ever-growing demands of the connected consumer. Encircle Inc. has created an integrated mobile and web SAAS (software as a service) platform that bridges the technology divide between insurers and consumers. It streamlines data flow, increases customer satisfaction, and significantly reduces policyholder support costs.
Encircle’s suite of products create a connected ecosystem that leverages technology already in the hands of all parties to the underwriting and claims process. Real-time factual data captured in photos, videos, voice to text input and geo-location information seamlessly flows between the relevant parties, eliminating slow manual processes.
Encircle, with co-founders Ronuk Raval, Paul Donald and Christophe Biocca, received $35,000 from OCE’s SmartStart Seed Fund for the technology’s pilot phase. The team is currently completing a Market Readiness Customer Creation project.
Return on Innovation
- The Inventory product is the leading home inventory platform in Canada, U.S., U.K. and Australia
- Currently running a pilot project with one of the largest insurance claims adjusting firms in the world
OCE©2015 Last updated 10/2015