Safekeep

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 Our Leaders Jeff To Tom Korach, MD Andrew Panagotopulos Kit Trentin Gabriel Weiss FI 1 CEO Chief Data Scientist Head of Claims Innovation Recovery Manager Chief Customer Officer N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI Kevin DeGarmo Hassan Arbabi David Cheung Val Zhang HimelDas Chief Claims Officer Data Scientist Technical Architect Head of Engineering Head of Infrastructure FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O What is subrogation? J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 What is subrogation? 1 2 3 4 5 Accident Insurer Someone’s Demand Recover FI 1 happens pays claim to blame money money N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI “What “Is this claim “Is a third party “Is this claim “Opposing carrier happened?” compensable?” at fault?” recoverable?" agrees to pay? FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 What is subrogation? 1 2 3 4 5 Accident Insurer Someone’s Demand Recover FI 1 happens pays claim to blame money money N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI “What “Is this claim “Is a third party “Is this claim “Adverse carrier happened?” compensable?” at fault?” recoverable?" agrees to pay? FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 Today The business impact 1 Manual review and matching of files 2 Inability to automate workflows Fragmented view of insureds, claimants, submissions Re-keying of data, handoffs, manual work FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI 3 Missed opportunities Profit leakage and seeing related claims FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O How can Safekeep help? J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 How it works Our digital subro platform 1. ENRICH 2. PREDICT 3. PURSUE FI 1 N 2 NLP ENTITY RESOLUTION PREDICTION WORKFLOW T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A Insured Insured Address B V | ID Name O J N U N N I E , H th C 987345393 Lyft 441 9 2 E Corp Ave 0 T 2 N 1 FI 453454543 Lyft.com 441 Ninth Ave th 697652435 Lyft 441 9 Inc. Avenue 455438798 Lyft 742 Market St FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 How it works Trigger recovery anywhere in the journey 1Intake 2Triage 3Investigate 4 Settle 5Recover FI 1 N 2 T 0 E 2 C H , E I N N U N J Is the claim What’s the O Who owns this Is there recovery | What’s the loss V B A A T I L O eligible? damage? N task? amount? potential? N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 User experience The bigger picture 4 Send demand 1st party carrier FI 1 N 2 T 0 E 2 C H , 1 First Notice 2 Ingest 3 Detect E I N N U 1st party carrier N J Respond O | V B 5 3rd party carrier A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI 6 Settle Safekeep FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI 37% 21% True positives Net recovery dollars with recovery potential FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 Case study 10 x improvement “Number of files I must manually review before getting a recoverable file” FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N BEFORE AFTER 1 FI Auto Property Workers Comp 26 2 Liability FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O J N U N N I E , H C 2 E 0 T 2 N 1 FI 2M 15M Claims processed Claim notes FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 “Safekeep is a game-changer. We can greatly increase recovery without adding head count.” Head of Claims, National P&C Carrier FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | Over 8 Carrier O J N U N N I E , H C Design Partners 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O #NoDollarLeftBehind J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O www.safekeep.com J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB

FINTECH INNOVATION LAB | JUNE, 2021 FI 1 N 2 T 0 E 2 C H , E I N N U N J O | V B A A T I L O N N O L I T A A B V | O [email protected] J N U N N I E , H C 2 E 0 T 2 N 1 FI FINTECH INNOVATION LAB