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You are here: Home / Archives for Artificial Intelligence

Interview: Bill Brower, Solera

June 6, 2022 By CollisionWeek Editor

Brower details the results of this year’s edition of Solera’s research on consumer, collision repairer, OEM and insurer attitudes on claims technology as well as current trends in the industry. In April, Solera released the latest edition of its annual study on consumer and industry attitudes towards claims technology that continued to show overwhelming global […]

Filed Under: Feature Tagged With: Artificial Intelligence, Claims Technology, Interview, Solera Holdings

Aviva UK Partners with Tractable to Bring AI to Auto Claims

April 27, 2022 By CollisionWeek Editor

Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI). Tractable develops visual AI to aid in the repair of cars and homes by using photos to assess damage enabling the accurate calculation of repair […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Aviva UK, Tractable, United Kingdom

Solera Survey Shows Surge in Trust and Adoption of AI-Driven Claims and Repairs

April 26, 2022 By CollisionWeek Editor

An overwhelming 92% of consumers call for digital claims solutions as providers double down on AI objectives. New global market research released today by Solera Holdings, LLC, the global provider in vehicle lifecycle management, reveals the increasing demand for digital-first automated claims, with trust in AI-driven claims and repairs soaring to 79% globally. The annual […]

Filed Under: News Tagged With: Artificial Intelligence, Solera Holdings

Mitchell and Tractable to Make AI-Enabled Straight-Through Claims Processing Available to North American Insurers

April 20, 2022 By CollisionWeek Editor

Mitchell, an Enlyte company, demonstrated its end-to-end claims automation solution for attendees of Tractable’s Vision Summit. The solution allows North American carriers to use Mitchell Intelligent Estimating with Tractable AI for straight-through processing in automotive insurance claims, helping to expedite payments and meet consumer expectations for a seamless, digitally driven experience. Mitchell and Tractable recently […]

Filed Under: News Tagged With: Artificial Intelligence, Integrations, Mitchell International, Tractable

CCC Acquires AI-Subrogation Provider Safekeep

February 9, 2022 By CollisionWeek Editor

Acquisition to advance CCC’s vision for straight-through processing across the claims lifecycle. CCC Intelligent Solutions (CCC) announced it has acquired Safekeep, an AI leader in subrogation claims management technology. Safekeep is an enterprise platform that leverages AI to speed and improve subrogation management across auto, property, workers’ comp, and other insurance lines of business. The […]

Filed Under: News Tagged With: Acquisitions, Artificial Intelligence, CCC, Subrogation

Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes

January 25, 2022 By CollisionWeek Editor

Tractable, the artificial intelligence (AI) company accelerating recovery from accidents and disasters, and Guidewire (NYSE:GWRE) announced that Tractable has joined Guidewire PartnerConnect as a Solution partner. Tractable’s Ready for Guidewire integration will enable Guidewire ClaimCenter users to integrate to its AI Review and AI Estimating solutions that accelerate the visual audit of repair estimates and […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Guidewire, Integrations, Tractable

Romanian Auto Insurer Asirom VIG and Solera Expand Collaboration with Qapter Intelligent Estimating

January 13, 2022 By CollisionWeek Editor

Audatex, part of Solera Holdings, Inc., the global provider of integrated vehicle lifecycle and fleet management software-as-a-service, data, and services, and Asirom VIG, one of the most important insurance companies in Romania, are taking the next step of using Artificial Intelligence (AI) to settle claims faster and shorten key-to-key times. Together, they have extended their […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Asirom Vienna Insurance Group, Audatex, Solera Holdings

CCC Reports 8 Auto Insurers Using its AI-Powered Touchless Estimating Solution

January 7, 2022 By CollisionWeek Editor

CCC Intelligent Solutions (NYSE:CCCS) today reported a 50 percent year-over-year increase in the application of advanced artificial intelligence (AI) for claims processing. The company also reports that more than 9 million unique claims have been processed using a CCC deep learning AI solution, growing more than 80 percent in 2021, and the number of claims […]

Filed Under: News Tagged With: Artificial Intelligence, CCC, Claims Technology

Root Insurance Selects Tractable AI To Streamline Claims Operations

January 7, 2022 By CollisionWeek Editor

Root Insurance will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable’s suite of AI solutions. Root will launch the partnership with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently. After testing market solutions head-to-head, Root chose Tractable, which […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Claims Technology, Root Insurance, Tractable

LexisNexis Risk Solutions Partners with Shift Technology on Claim Processing Technology

December 14, 2021 By CollisionWeek Editor

LexisNexis Risk Solutions and Shift Technology announced today the two companies have entered a strategic alliance that will enable insurance carriers to seamlessly incorporate LexisNexis Claims Clarity data and analytics into Shift’s insurance decisioning artificial intelligence (AI) models, allowing carriers to better predict fraud and risk at the first notice of loss. To achieve greater […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Claims Technology, LexisNexis Risk Solutions, Shift Technology

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