Great businesses have a sense of vision and purpose. They emphasize more than the economics or the bottom line financials. They focus on how to be the best and how to create more value than anyone else.
We met the J.S. Held team in the fall of 2016 and immediately felt the power of their business. J.S. Held has become a leading construction consulting firm by focusing on being the best. They handle the most complex and challenging property efforts on the planet. They are often called in as the “source of truth” when discrepancies or uncertainties exist. They have been an industry leader for over 40 years.
As J.S. Held began using Spex, they pushed our platform to the brink. We saw projects rolling through our system that had thousands of inspection entries and exceptional levels of detail and documentation. The best technologists relish the opportunity to solve hard problems so our entire team got excited about the platform challenges J.S. Held created for us.
When Jon Held told us this spring he wanted to partner with Spex to change the face of property inspections, we jumped at the opportunity. A partnership with J.S. Held would allow us to build the platform solution we’ve always intended since our business was founded.
Our announcement this week is a game changer for Spex for the industry. We’re grateful for the opportunity to work with the world-class teams at J.S. Held, and their investment firm Lovell Minnick, to transform our industry and the property inspection process. This is a huge opportunity for InsurTech to make a direct impact on claims handling near-term. We view this as a big win for all the forward-thinking organizations currently working with Spex.
CEO of Spex