Baudoux, senior vice president of global product strategy and artificial intelligence for auto physical damage at Mitchell International details its AI-enabled estimating solution and its impact on collision repair. With the announcement of the commercial availability of Mitchell Intelligent Estimating (MIE) in the U.S., artificial intelligence (AI) is becoming an increasing part of the auto […]
Tokio Marine to Use Tractable AI for Auto Insurance Claims in Japan
Tokio Marine will use Tractable’s artificial intelligence (AI) solution that employs computer vision to look at photos of vehicle damage to process auto damage claims across its insurance operations in Japan. According to the announcement, Tokio Marine will use the AI to understand the full range of repair decisions available to it, including recommended repair, […]
Vermont Insurance Division Bulletin Cautions Insurers that Consumers Can Request Physical Inspections versus Virtual Claims Systems
The Vermont Department of Financial Regulation Division of Insurance issued its Insurance Bulletin No. 206 titled Virtual Adjustment of Vehicle Partial And Total Loss Claims that clarifies that insurance companies must provide an in-person inspection by a licensed adjuster within a reasonable period of time if requested by a claimant. According to the bulletin, the […]
Tractable Announces AI Photo Appraisal Partnerships
Tractable announced a series of industry partnerships to bring artificial intelligence (AI) photo appraisal to the North America auto collision repair and claim ecosystem, following requests from North American insurers. Key partners include Thatcham Research, LKQ Corporation, and the Automotive Body Parts Association, among others. The new collaborations combine Tractable’s AI algorithms with industry data […]
Snapsheet Raises $20 Million to License Virtual Claims Processing Technology to Insurance Carriers
Liberty Mutual and USAA subsidiaries among investors in photo estimating technology provider. Snapsheet, the claims technology and services provider, announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary. Snapsheet will use […]
Mitchell Announces Partnership to Bring Artificial Intelligence to Claims Processing
Partners with UK-based Tractable to create automated claim processing solutions Mitchell International announced an exclusive partnership in North America with Tractable, a UK-based technology firm specializing in the development of artificial intelligence solutions capable of automating manual tasks. Mitchell will integrate Tractable’s solutions within its WorkCenter Automobile Physical Damage platform, enabling customers to make better […]
SCA Appraisal Launches Photo Appraisal App
SCA Appraisal Company announced the available of its Streamline white-label app to help auto insurance carriers to save time and loss adjustment expense (LAE). SCA’s Streamline transforms the process from three days to an SCA- guaranteed three hours from photo receipt. The app is available for both Apple or Android phones to download. The app […]
Delaware Enacts Photo Appraisal Regulation
The Delaware Department of Insurance published revised regulations allowing the use of photos to prepare an appraisal of auto physical damage. On Sunday, May 1, the Delaware Department of Insurance published in the state’s Register of Regulations revisions to its Regulation 602 governing Motor Vehicle Physical Damage Appraisers that would allow the use of photographs […]
PA Governor Approves Photo Appraisal Bill
Pennsylvania Governor Tom Wolf yesterday signed House Bill 1638 (HB 1638) that amends the Motor Vehicle Physical Damage Appraiser Act to remove a prohibition against using photographs to prepare collision repair damage estimates. The bill had been opposed by Pennsylvania Collision Trade Guild who testified against the legislation during a hearing before the Senate Banking […]
Amended Photo Appraisal Bill Approved in Pennsylvania House of Representatives
Legislation removes prohibition against the use of digital photographs and video during the auto claim process. Measure moves to Governor for final approval. The Pennsylvania House of Representative yesterday approved Senate amendments to House Bill 1638 (HB1638) by a vote 129-59. HB1638 amends the 1972 Motor Vehicle Physical Damage Appraiser Act to eliminate the requirement […]