Canadian Underwriter
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MSB and Cornerstone team up


March 14, 2006   by Canadian Underwriter


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Marshall & Swift / Boeckh and Cornerstone Appraisal Services recently partnered to form a “strategic business alliance.”
This partnership is intended to utilize the strengths of both organizations to deliver high value inspection and valuation services to the property and casualty industry.
A provider of high value insurance inspections and inspection technology for insurance carriers, Cornerstone will now offer Marshall & Swift /Boeckh’s Residential Component Technology (RCT) Main Street and High Value tools.
Marshall & Swift / Boeckh, a global provider of building cost data and estimating technology to the property insurance industry, will utilize Cornerstone’s inspection services.
The Companies report that they plan to leverage technology to integrate each other’s business processes. This system-to-system integration, they say, will allow them to deliver industry-leading technology to their customers.
Janet Toma, president of Cornerstone says the partnership will
enable the Company to completely automate its valuation processes.
“This partnership creates new opportunities to expand our customer base while remaining focused on providing superior quality and service to our clients,” Tama says.
Peter M. Wells, president of Marshall & Swift /Boeckh, adds that high value homes are increasing in numbers across North America. In response to this statistic, he says that Cornerstone uses total-component home valuation systems and a specialized High Value tool. This approach, he continues, “validates the thought and effort MSB has put into developing these systems for the benefit of the industry and its policyholders.”


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