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[Audio] Recall Alarms For the alert insurer. 1. LSI nextGen_RecallAlarms ©2022 Copyrights & Proprietary information. All rights Reserved.
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[Audio] Recallalarms how we operate. Based on how Recall alarms works We provide instant updates on all recalls We help you notify the insured party before hand Via Email, Text, Social media & in app notifications. Recall alarms helps you to understand the buying patterns of the insured and recognise the right liable party and confirm and release liability. Insurance providers get to save millions of dollars in annual payouts.
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[Audio] Example for For Insurance companies Just imagine a case Current Challenge whereby a person gets into an auto accident due to (say) bad brakes Impact of that is 1. Insurance companies will need to pay for auto damages 2. Cover medical bills 3. If disabled, provide disability payout 4. In case of death - pay life insurance. So, insurance companies end up paying (worst case) 4 times. The Solution for this is : with the use of our product, insurance companies will reduce these Payouts and can be used as an effective tool for Risk Mitigation. How it will help Reduce payouts: By connecting the driver (insurance companies know who has the recalled VIN) before the accident occurs, insurance companies will eliminate/reduce all claims 1-4 (as mentioned earlier) How can recall alarms build in new revenue stream Since only insurance companies know who all has these recalled VINs, they can not only reduce payouts, but can use this as new revenue stream by charging OEMs In addition to Auto, this concept applies to Food Medications ( OTC and prescription) Baby food and toys Etc..
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[Audio] WHY RECALL ALARMS: Recall ALARAMS helps companies releasing liabilities from consumers, manufactures & retailers Limits financial, Legal & PR exposure caused by recall's and in turn increases cost savings We help companies to increase their outreach to final consumers, and reduces any health impacts and adverse effects like death..
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[Audio] Our Real time Centralised platform allows manufactures to upload & post recall notifications We utilizes multichannel announcement for recalls via email, text, call & Social Media Posting Subscribers register and choose - products, brands and mode of channel -1 or many Our Dashboard's with live monitoring keep you Updated On Recall activities like Consumers notified & to be notified Products recovered Previous Recalls & reports Impacted consumer's 5. RecallALARMS helps you stay ahead of the curve and save Billions of dollars.
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Contacts. Susan Pandey. Manager Sales & BD. E-mail: susan.pandey@lsinextgen.com.