CCC Information Services Inc. (CCC) introduced today its Smart Total Loss solution, an Artificial Intelligence (AI) powered claims solution that uses and analyzes a single photo to help auto insurers predict a vehicle total loss in seconds, with superior accuracy, and without human intervention.
According to the company, CCC Smart Total Loss uses deep learning algorithms to help predict the most effective appraisal method for insurers, which improves triage decisions that can reduce related expenses and reduce the disruption caused by total loss vehicles at repair shops.
“Claims that require little-to-no human intervention are an ambitious goal and one that
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.