Tech Trends: Insurers employ new technology as leading strategy for industry issues, says Reuters report
Toronto, Ontario — Insurers are adopting technology like generative artificial intelligence as a leading strategy against industry challenges, according to a new report from Reuters. The report, The Future of Insurance in Canada: Top Technology Trends in 2024″ indicates a majority of Canadian insurance representative respondents have already invested in “established technologies,” with 79 percent […]
Repairers Give the Grades: Contribute to Collision Repair mag’s 2022 Insurer Report card
Loading…
Real Trust in Artificial Intelligence: Solera report says 79 percent of drivers trust AI to handle claims process
Toronto, Ontario — A recent consumer survey from Solera suggests that people are getting more comfortable putting their trust in artificial intelligence, reporting that 79 percent of drivers would trust an AI to handle the entirety of their claims experience. Society appears to be growing more accustomed to interacting with intelligent machines, as the latest […]
The Case for Claims: CCC preaches power of AI-driven estimates
Washington, D.C. — Artificial Intelligence (AI) has made its way into almost every industry in the world, and auto insurance has been no exception. At American IT firm CCC, AI is being used every step of the way during the claims process. The company says that, because of AI, it was able to double the […]
Will AI and Virtual Claims Build a Bridge or Widen the Chasm?
A thought leadership article by Sean Carey, President, SCG Management Consulting Anyone that has spent time in and around the auto claims ecosystem recently can’t help but notice that digital and virtual auto claims processing is in vogue, so much so that Insurtech companies and insurers are releasing related new products and services into the […]
