Expanding Claims Tech Broadspire recently launched Turvi, a SaaS platform aimed at enhancing property and casualty claims management, presenting opportunities to offer advanced insurtech solutions or integrations that can further optimize their claims processes.
Strategic Acquisitions The acquisition of Praxis Consulting indicates Broadspire's interest in expanding its claims recovery capabilities, opening avenues to provide specialized subrogation services or complementary recovery technologies.
Global Presence With over 85 locations across the US and Europe, Broadspire’s extensive network suggests potential opportunities for solutions that streamline global claims handling, client reporting, and operational efficiencies.
Focus on Risk Management Broadspire’s core focus on risk and absence management in the US and claims services in Europe signals a demand for innovative risk mitigation, employee wellbeing platforms, or data analytics to improve claims forecasts and reduce costs.
Technological Adoption Utilizing platforms like Power BI, Open Graph, and AI-driven tools indicates a tech-savvy organization receptive to emerging technologies such as AI, automation, and advanced analytics to enhance operational effectiveness and customer insights.