CCC Intelligent Solutions Inc. announced it is a winner of the 2022 IDC FinTech Rankings Real Results Award which recognizes tech providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution. The Company was recognized with an Efficiency and Agility Award for its CCC Safekeep AI-powered subrogation platform and its […]
American Family Insurance Partners with Tractable to Streamline Claims Operations
American Family Insurance is partnering with Tractable to apply its artificial intelligence (AI) solutions. Specifically, American Family Insurance Claims Services (AFICS) will be using Tractable as part of its claims subrogation settlement process. American Family is one of the earliest top ten private passenger auto carriers in the US to apply Tractable’s AI to claims, […]
CCC Acquires AI-Subrogation Provider Safekeep
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 […]
Tractable Launches AI Subrogation Solution for Auto Insurers
Tractable announced the launch of AI Subro, a new solution that will help US auto insurers resolve subrogation tasks with artificial intelligence (AI). AI Subro digitizes and accelerates many of the tasks involved in subrogation – the process by which insurers legally pursue third parties that have caused losses to the insured. At present, subrogation […]
State Farm and USAA Testing Blockchain Solution for Subrogation
During the 2019 Dig In Conference, State Farm and USAA announced a joint subrogation solution, and are now using real claims data to test how blockchain technology can improve the speed of the auto claims subrogation process. Subrogation is typically the last phase of an insurance claims process, when one insurance company recovers claim costs […]