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The IW Transcription Process:
1. All contents inventory information is given to the transcription services team, including the following:
SOS Information
Handwritten Lists
Computer Generated Worksheets (Excel or Word)
Audio Recordings (digital voice recorder or analog microcassette)
Web Generated Submissions
2. The adjuster receives an email confirming that the new contents assignment is entering the Insurers World workflow.
3. The transcription service uses this information to complete a standard work form.
4. The items are categorized, coded, and matched to a depreciation category and corresponding annual rates of depreciation.
5. If provided, the following is captured:
Original Price Paid
Date of Original Purchase
Insured’s Stated Value
Place of Purchase
Original Receipts
Photographs
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