ClaimBuyout awarded for technological innovation in the P&C sector

MANSFIELD, TX Oct. 27, 2022 (GLOBE NEWSWIRE) — ClaimBuyout, a national vehicle buying company, has been named to the NU PropertyCasualty360 Luminaries Class of 2022 in the Technology Innovation category as a pacesetter helping to drive the industry forward in digitization and modernization. Award winners are selected by a panel of industry experts based on how well they have stated and achieved objectives related to the nomination category; how effective their work was; how committed the nominee was to promoting modernization and humanization in the insurance business; and the nominee’s commitment to the highest ethical standards and dedication to service and excellence.

“We are delighted to receive this recognition for our innovative technology and I would like to thank and recognize our dedicated team as well as our valued insurance providers who recognize the personalized attention and satisfaction their customers receive from working with us,” said Robert Guerrero, President and co-founder of ClaimBuyout. “We appreciate the continued support across the auto claims industry as the ClaimBuyout option has never been seen before on a national scale. In the past, vehicle owners had two options – either they repaired their vehicle or it was declared a total loss. Our timing is ideal to offer another option. It works because people want to know what else they can do with their repairable vehicle and are excited about the pre-accident value.”

“Today’s leading insurance organizations recognize the history and purpose of the industry while embodying contemporary processes and services,” said Elana Ashanti Jefferson, Editor-in-Chief of NU Property & Casualty. “My colleagues and I are thrilled to be able to recognize pioneering insurance organizations, programs, practices, teams and individuals as part of the annual NU PropertyCasualty360 Luminaries recognition program.”

Launched in January 2021, ClaimBuyout works with national insurance providers where more than 70 percent of quotes are accepted and takes an average of 2 days from ClaimBuyout quote to contract closure. Creating new ways to increase customer satisfaction in the motor claims process for insurance companies is part of ClaimBuyout’s strategic approach.

About ClaimBuyout
ClaimBuyout is a national vehicle buying company offering a new post-accident option that offers pre-accident value. On the proprietary digital self-service platform, people sell their repairable vehicles after an accident instead of having the vehicle repaired. Vehicles are purchased from insurance intermediaries, rental car fleets and heavy commercial vehicles. Learn more at ClaimBuyout.com, email [email protected], or call 833.328.9688.

Media contact:
Susan Jablonski, Vice President, Marketing
Cell: 312.933.8584
E-mail: [email protected]
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