Good example of machine learning applied to assessing vehicle damage to improve the process of settling insurance claims and getting the motorist back on the road quicker.
Will let skilled professionals spend more time on the complex issues to both improve customer service and reduce insurance and supply chain costs.
Also yields better data for better analytics.
“Our technology is going to change the way that auto claims are managed in the future. We have trained computers to see exactly what humans see, so that vehicle damage can be assessed within seconds and consistent decisions made. Artificial intelligence will make the process quicker, more cost effective and more efficient” said Alex Dalyac, CEO of Tractable. “We are excited to partner with Mitchell as we believe their long history and market-leading expertise, combined with their modern cloud-based solutions, will enable us to create unique opportunities that deliver the benefits of artificial intelligence to the Insurance Claims sector”