The Pennsylvania Insurance Department (PID) is the latest state to announce guidance for insurers on the use of Artificial Intelligence (AI). On April 6, the Department issued Notice 2024-04, which includes recommended best practices for how insurers obtain, develop and use certain AI technologies and systems, and advises insurers on what information PID may request […]
Acadia Insurance Partners with UVeye to Use Computer Vision AI Technology
Regional insurer will use UVeye’s vehicle inspection systems for auto claims. UVeye, creator of the AI-driven automated vehicle inspection platform, today announced a strategic collaboration with Acadia Insurance. The companies will enhance the efficiency and accuracy in Acadia’s appraisal process, leveraging UVeye’s AI-powered computer vision inspection systems to streamline claims for vehicles involved in accidents. […]
The Hartford Announces New Structure Combining Operations And Technology
The Hartford announced it is bringing together its Operations and Technology, Data, Analytics & Cyber functions expanding Deepa Soni’s role as chief information officer and head of Technology, Data, Analytics & Cyber to include Operations “Over the past several years, we have invested aggressively in technology – expanding digital capabilities, simplifying processes and platforms, and […]
Stellantis Acquires Artificial Intelligence Technologies to Advance Vehicle Features
New technology can be used to enhance predictive maintenance and diagnostics to proactively identify and schedule maintenance needs and provide alerts. Stellantis N.V. announced the acquisition of the artificial intelligence framework, machine learning models and intellectual property rights and patents of CloudMade, a developer of smart and innovative big data-driven automotive solutions. The acquisition – […]
NAIC Members Approve Model Bulletin on Use of AI by Insurers
The National Association of Insurance Commissioners (NAIC) Membership voted to adopt the Model Bulletin on the Use of Artificial Intelligence Systems by Insurers during the 2023 Fall National Meeting. Comissioner Kathleen A. Birrane. Michael Conway, Commissioner of the Colorado Division of Insurance, and Doug Ommen, Commissioner of the Iowa Insurance Division, are co-vice chairs of […]
December 14 CIECA Webinar Examines Increasing Demand of AI and Data in the Collision Industry
The Collision Industry Electronic Commerce Association (CIECA) announced that its next Webinar is scheduled for Thursday, December 14 at 2 p.m. (EST) titled The Increasing Demand of AI and Data in the Collision Industry. The one-hour webinar will feature Sumit Chauhan, co-founder and chief operating officer (COO) of CerebrumX. Registration for the webinar is available […]
CCC Introduces Next Generation AI-Based Photo Analysis
CCC Intelligent Solutions (NASDAQ:CCCS) today announced the next generation of its artificial intelligence (AI)-based photo analysis capabilities, including its first solution that extends into claims handling ahead of the appraisal process to include first notice of loss (FNOL). According to the company, the new solution helps users identify potential indemnity amounts earlier and deliver sactionable […]
CCC Launches Artificial Intelligence Estimating Solution for Collision Repair Facilities
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today announced the introduction of its applied artificial intelligence (AI) to collision repairers allowing CCC ONE users the ability to automate initial damage assessments and jumpstarting the estimating process. Repair Cost Predictor uses AI to automate an initial damage assessment, instantly generating a repair cost prediction of damage for […]
asTech Introduces Generative AI Tool Offering Instant Collision Repair Recommendations from Scan Results
asTech, a Repairify company, announced asTech Insights, a generative artificial intelligence (AI) product that will immediately enhance its OEM-compatible scans. Through the power of AI, asTech Insights uses the results from an asTech OEM-Compatible pre-scan to automatically generate custom collision repair recommendations that are specific to the vehicle and identified DTC codes. All within seconds […]
Mitchell Receives Cloud Computing Award for AI Powered Appraisal Review Solution
Mitchell, an Enlyte company, today announced that it received a 2023 Stratus Award for Cloud Computing from Business Intelligence Group for Mitchell Intelligent Review. The organization’s annual awards program seeks to identify the companies, products and people offering unique solutions that take advantage of cloud technologies. Mitchell Intelligent Review won in the Software as a […]
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