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 […]
Toyota Research Institute Unveils Generative AI Techniques for Vehicle Design
The Toyota Research Institute (TRI) today unveiled a generative artificial intelligence (AI) technique to amplify vehicle designers. Currently, designers can leverage publicly available text-to-image generative AI tools as an early step in their creative process. With TRI’s new technique, designers can add initial design sketches and engineering constraints into this process, cutting down the iterations […]
Covéa and Tractable Renew Claims Partnership in France
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 […]
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