Live Auto Claims Data Exchange
A collaborative industry solution for earlier injury visibility and better claims outcomes
RAPID X is The Institutes RiskStream Collaborative’s live auto claims data exchange solution, developed with leading auto insurers to enable secure, permissioned data sharing after an auto loss. By accelerating first notice of loss by an average of seven days, RAPID X helps carriers identify related claims and potential injury exposures earlier.
That speed matters in an increasingly attorney-driven claims environment. Earlier visibility gives carriers a faster path to engage claimants, provide support and pursue resolution before legal involvement adds cost and complexity.
Now live in production, RAPID X is positioned to create significant industry-wide savings as broader adoption expands the value of trusted auto claims data exchange.
RAPID X Business Benefits
Earlier intervention on injury claims before attorney involvement
Improved customer satisfaction and trust through proactive claims support
Shorter FNOL intake, reporting and claim cycle times
Reduced reliance on third-party data vendors
Richer, more actionable claims data to support faster decision-making
Join RAPID X Data Sharing Network
Why it matters for the insurance industry
Trusted carrier-to-carrier data exchange, facilitated by a nonprofit industry collaborator, positions the auto insurance industry to be stronger together. The result is a better claims experience for policyholders, reduced unnecessary legal escalation and a more effective framework for collaborative data sharing.
Join your peers
Leading insurers are already participating in RAPID X. As more carriers join the network, the collective value of trusted auto claims data exchange continues to grow.
Ready to participate?
Joining RAPID X is straightforward, with no-code options available to help carriers begin sharing data quickly. Contact RiskStream at RiskStreamDL@theinstitutes.org to get started.