Insurance-based builder Siemsen has collected the BRW ANZ Private Business Award for excellence in management innovation.

The prize was given for Siemsen’s IntelBuild – an automated building repair management system that has cut the average claim time by around 60%.

Siemsen CEO Brain Siemsen says the claims process “will only run more efficiently when it is managed, monitored and rated through one automated online system”.

Accepting the award at a ceremony in Melbourne, Mr Siemsen acknowledged the support he has received from the industry.

“Throughout the three years we have been developing IntelBuild, I have received an enormous amount of valuable input from our clients,” he said.