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, […]
CCC Announces Straight-Through Processing Estimating Platform
CCC Information Services Inc. announced it plans to deliver on the industry’s vision for straight-through auto claims processing with the launch of CCC Estimate – STP that will previewed at CCC’s conference in May. CCC Estimate – STP will employ advanced AI, insurer-driven rules, and CCC’s network connections to automatically initiate and populate predictive, detailed, […]
Asirom Chooses Solera’s Artificial Intelligence for the Risk Inspection of Motor Insurance Policies
Asirom Vienna Insurance Group and Solera announced that the Romania-based insurers is using Solera’s Qapter artificial intelligence in the underwriting process for the Asirom’s CASCO car insurance product. Asirom VIG is the first company in Romania and one of the first in Europe to use artificial intelligence (AI) in the risk inspection process for the […]
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