Company History


ITEL's Original Team (1993)

Replacement flooring is one of the highest expenses insurance companies incur on a yearly basis. For years, insurance companies did their best to determine value at the loss site. Unless the homeowner or contractor indicated that the flooring was of greater value, the loss was settled for one of several average prices provided by estimating systems. Disputes would often arise if the settlement price was questioned.

ITEL’s founder Mark Mullins, recognized the need for a process to ensure a fair settlement value for both the homeowner and the insurance company. In 1993, ITEL was formed and began assisting property insurance companies, contractors, vendors and property owners settle claims.

ITEL is proud to have processed over one million flooring tests since its inception.

 

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