Liberty Mutual and USAA are among the founders of RiskStream’s Auto Advisory Committee, which was created to advance and formalize adoption efforts related to Risk Stream’s RAPID X — First Notice of Loss (FNOL) Data Exchange solution. These organizations helped lead the initial formation of this new governance arm, which worked with RiskStream to develop early adopter incentives and a business case for the RAPID X app. As a sizable network is required for optimal benefits, the group expanded over the year to include company representation from a majority of the auto insurance industry market.
“We are proud of the strong partnership we have developed with RiskStream and look forward to continuing our active collaboration with Auto Advisory Committee colleagues, working toward the successful evolution of the RAPID X data exchange solution,” said Max Malaret, Liberty Mutual, Manager, Claims Process, Global Retail Markets US.
