CASE STUDY
Swift Compliance and Response Amid Natural Disaster
The Vision
After the devastation of hurricanes Harvey and Irma in 2018, banks managing large pools of loans faced a critical challenge: assessing potential property damage across vast areas without delay. Existing processes fell short, unable to deliver the rapid, compliant assessments these institutions required. ClearValue was called upon to deliver an agile, data-driven solution that would not only meet but exceed the standards of speed, customization, and regulatory precision.
The Innovation
ClearValue’s advanced workflow engine provided a seamless, automated approach that instantly identified properties within disaster zones and routed them for targeted action. By establishing a direct integration with FEMA, ClearValue’s system quickly flagged affected properties, automatically assigning inspections to field agents equipped with custom forms tailored for disaster assessment. This unique combination of real-time integration, automated decision-making, and fully customized data capture enabled ClearValue to implement a powerful solution within a single week—a level of efficiency and precision that traditional systems struggled to match.
The Impact
With ClearValue’s solution, the bank confidently assessed thousands of properties, receiving accurate, detailed reports within crucial timeframes. This rapid, strategic response not only safeguarded the bank’s assets but ensured full compliance, even under high-stakes conditions. By transforming a complex, large-scale challenge into an automated, highly efficient workflow, ClearValue underscored its commitment to innovation and set a new industry standard in agile, compliance-driven appraisal management.