AMA Insurance Takes Action on Reducing Claims Emissions with EcoClaim™
Globenewswire·2025-02-18 17:10

Core Insights - The collaboration between Alberta Motor Association Insurance Company and EcoClaim marks a significant shift towards sustainable insurance practices in Alberta, focusing on measurable environmental impact [1][2][4] Group 1: Collaboration and Tools - AMA Insurance's partnership with EcoClaim aims to equip teams and contractors with tools to track and minimize greenhouse gas (GHG) emissions related to property claims [2][3] - EcoClaim's TRAX software provides accurate claim-level data on avoided emissions, enhancing the sustainability of the claims process [2][4] Group 2: Environmental Impact - In 2024, EcoClaim vendors across Canada reported nearly 1 million kilograms of avoided emissions due to improved recycling practices on property claims, with AMA's involvement expected to amplify these results [4] - The initiative reflects a broader trend in the insurance sector towards reducing GHG emissions and transforming claims into actionable climate solutions [4] Group 3: Company Background - AMA Insurance, part of the Alberta Motor Association, has been operational since 1962, offering a variety of insurance products to its members [6][7] - The Alberta Motor Association represents approximately one million members and advocates for traffic safety, consumer protection, and community engagement [8]

AMA Insurance Takes Action on Reducing Claims Emissions with EcoClaim™ - Reportify