RAPID X - Commercial Auto

RAPID X is RiskStream’s Auto Claims Data Exchange application. The solution uses blockchain technology to streamline the data exchange between commercial and personal insurance carriers. RAPID X saves carriers valuable resource time and money, leading to a better customer experience and more efficient claims handling.

Benefits:

  • Reduces time to intake and report FNOLs

  • Improves data sharing

  • Reduces reliance on vendors

  • Early identification of damages

Ecosystem:

  • RiskStream membership represents a significant portion of the commercial auto market

  • 12 out of the Top 15 domestic commercial auto carriers are represented within governance