Covéa has renewed its collaboration with Tractable for three years to accelerate the processing of claims for its MAAF, MMA and GMF automobile policyholders. The Tractable Auto Reviewer solution analyzes vehicle damage and then proposes repair recommendations to collision repairers. Tractable’s technology will be used on more than 150,000 claims in France by 2025 through […]
CCC Receives Award for Artificial Intelligence Excellence
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced it has been recognized by Business Intelligence with two Artificial Intelligence (AI) Excellence Awards. The 2023 AI Excellence Awards recognize organizations, products, and people applying AI to solve real business challenges. CCC’s AI-powered estimating solution CCC Estimate – STP was recognized as a top innovation in the product category […]
Indiana Farmers Insurance Partners with CCC for AI-Powered Estimating
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced today Indiana Farmers Insurance is the latest auto insurer to leverage its industry-first AI-powered CCC Estimate – STP solution. Estimate-STP uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. In market with 15 insurers, including 7 of the top 10 carriers […]
CCC Reports Use of Advanced AI for Claims Processing Grew 60% in 2022
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application of advanced computer vision AI for claims processing increased 60% year-over-year. The company also reports that more than […]
Canal Insurance Company Selects CLARA Analytics AI for Commercial Auto Claims
Canal Insurance Company has selected CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimization, as its partner in a new initiative aimed at speeding the resolution of commercial transportation claims using AI. Canal will implement CLARA’s Triage and Litigation modules for commercial auto. CLARA’s technology delivers AI-driven insights that monitor […]
Solera Launches XpertEstimate to Deliver Virtual Auto Physical Damage Estimates
Full-service solution provides virtual desk appraisal with experienced staff and consumer self-service capabilities. Solera today launched a full-service, virtual auto estimating solution to deliver on customer expectations for fast and accurate self-service solutions to simplify the claims process. XpertEstimate brings together Solera’s technology and an experienced auto physical damage staff to process estimates quickly, improving […]
Entegral Launches Smart Assist Vehicle Claims Triage Product
New offering uses artificial intelligence through a partnership with Tractable. Entegral has announced the launch of Smart Assist, a vehicle claim assistance product designed for use with mobile devices, in North America. This new software as a service (SaaS) offering puts more control directly into the customer’s hands after a collision and, in the process, […]
GEICO Selects CCC AI-Fraud Protection Solution
CCC Intelligent Solutions (NYSE:CCCS) today announced GEICO is the first auto insurer to leverage its CCC Smart Red Flag Detection solution with Cross Carrier Analysis. Powered by artificial intelligence (AI), CCC Smart Red Flag Cross Carrier uncovers claims discrepancies and duplicate filings for the same damage. The technology works to review claims for a single […]
Ravin AI to Accelerate Auto Claims Processing as New Guidewire Solution Alliance Partner
Guidewire (NYSE: GWRE) and Ravin AI announced that Ravin has joined Guidewire PartnerConnect as a Solution partner. Ravin’s automated vehicle inspection tool enables non-professionals, like insurance customers, to capture the condition of a vehicle accurately. It leverages advanced computer vision and deep learning to analyze car damage and generate a 360-degree condition report or repair […]
o9 Solutions and Supply Chain Insights Announce LKQ Selection by Project Zebra to Test Outside-In Supply Chain Planning Processes
o9 Solutions, an enterprise AI software platform provider for transforming planning and decision making, and research firm Supply Chain Insights jointly announced that LKQ Europe was selected to participate in a pilot program to test outside-in planning concepts by Project Zebra, an open-source think tank driving supply chain improvement. Project Zebra was co-founded by o9 […]
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