AutoClaims Direct, Inc., (ACD) and Attestiv, Inc., a leading media authenticity platform announced a joint collaboration to bring photo verification and fraud detection to ACD’s CLARITY technology platform. “Fraud awareness and prevention is critical in the insurance industry and ACD is delighted to work with Attestiv to provide technology tools for our auto insurance clients. […]
Hyundai Acquires Robotics Firm Boston Dynamics from SoftBank
Hyundai Motor Group, Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), on June 21 announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion. Additional financial details were […]
Tractable Raises $60 Million
Tractable announced a $60M Series D investment led by Insight Partners and Georgian. The round doubles the total raised by Tractable from $55 million to $115 million and values the company at $1 Billion Tractable’s artificial intelligence (AI) analyzes vehicle damage photos in real time to accelerate decisions that can otherwise take days, such as […]
Solera’s Omnitracs Releases Next-Generation Solution for Inattentive Driving
Omnitracs, that was recently acquired by Solera, announced the release of SmartSense for Inattentive Driving+, the next generation of SmartSense. SmartSense for Inattentive Driving+’s integrated cab-facing cameras and sensor employ AI and computer vision to detect suspected sleep, drowsiness, cell phone usage, smoking, and general inattention, alerting drivers to take action to avoid a collision. […]
CIECA June 17 Webinar Examines Future of AI in Collision Repair Industry
The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAST webinar is scheduled for Thursday, June 17 at 1 pm CST: “The Future of AI in the Collision Industry.” The webinar will feature Driaan du Toit, vice president of business development at Solera, and Evan Davies, Solera’s chief technology officer (CTO). Registration for […]
Five Star Network Partners with Solera to Roll Out Qapter Estimating in France
Sidexa, a subsidiary of Solera Holdings Inc., today announced the renewal of a collaboration with its partner Five Star, one of the largest collision repair shop networks in France. Founded in 1993 and based in Mantes la Ville, Five Star is the European network of professional auto body shops from the Cromax paint brand in […]
Polish Insurer PZU Selects Solera AI-Estimating Solution
Solera Holdings, Inc. today announced that PZU SA, the leading Polish insurer and the largest financial group in Central and Eastern Europe, has successfully implemented Solera’s next-generation Artificial Intelligence (AI) estimating software, Qapter, standardizing claims handling process according to PZU business rules. Processing around 500,000 automotive claims every year, PZU relies on a team of […]
GEICO Partners with Tractable on Estimating AI
Insurer will use artificial intelligence to improve the speed and accuracy of estimate review. GEICO, the second-largest auto insurer in the US, is partnering with Tractable to accelerate its auto claim and repair process. Tractable’s proprietary computer vision technology, trained on millions of historical claims, assesses vehicle damage like a human appraiser. Inserting artificial intelligence […]
Tractable Partners with Covéa to Deploy Claims Artificial Intelligence
Covéa, the largest insurance group in France, will accelerate the processing of its policyholders’ claims across its three brands – MAAF, MMA and GMF – with artificial intelligence (AI) that analyses damage to cars. In 2021, Covéa is deploying Tractable’s AI across its network of thousands of French collision repair facilities, where it will assess […]
Switzerland-Based AMAG Group and Solera Partner on AI-based Claims Estimating
Solera | Audatex today announced a collaboration with AMAG Import AG, the Switzerland-based mobility provider, to test its Artificial Intelligence (AI)-based claims estimating solution Qapter Intelligent Estimating. Following the initial pilot, the partners plan to assess the extent to which the solution can efficiently optimize accident claims recognition and reduce complexity. “At the AMAG Group, […]
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