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Auto Physical Damage

̽»¨¾«Ñ¡ Introduces New Alternative for AI-Enabled Claims Processing Through Collaboration with Claim Genius

March 3, 2021
4 MIN READ

SAN DIEGO, CA—̽»¨¾«Ñ¡, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today announced that Claim Genius' artificial intelligence (AI) can now be accessed through the ̽»¨¾«Ñ¡ Intelligent Open Platform (MIOP). This allows U.S. and Canadian carriers to use ̽»¨¾«Ñ¡ Intelligent Estimating with computer vision algorithms—automatically producing partial or complete estimates from photos and videos of damaged vehicles.

Introduced in 2019, ̽»¨¾«Ñ¡ Intelligent Estimating is the industry's first claims automation solution with a flexible, end-to-end framework that integrates with market-leading AI providers through the MIOP. It combines AI with ̽»¨¾«Ñ¡'s 75 years of experience, cloud-based technology, intellectual property and data to help improve claims handling efficiency and accuracy.

"As a leader in AI-based auto claims technologies, we are committed to streamlining the appraisal process and to helping reduce claim processing time, increase carrier profitability and revolutionize the claims experience for insurance customers worldwide," said Raj Pofale, CEO and founder of Claim Genius. "Through our collaboration with ̽»¨¾«Ñ¡, Claim Genius will continue to deliver on this commitment while providing the industry with an innovative, scalable and cost-effective solution for claims automation."

Using ̽»¨¾«Ñ¡ Intelligent Estimating with Claim Genius AI, photos of damaged vehicles are captured and processed in real time. ̽»¨¾«Ñ¡ then translates the AI recommendations into information that is specific to the Vehicle Identification Number (VIN), pre-populating part and operation line items on the estimate. By the time the appraiser accesses it, the estimate is already partially or completely written. It can then be reviewed and easily edited.

"̽»¨¾«Ñ¡'s open, cloud-based platform gives insurers the ability to create an automated claims experience that meets their needs," said Olivier Baudoux, senior vice president of global product strategy and artificial intelligence at ̽»¨¾«Ñ¡. “By teaming up with Claim Genius, customers will enjoy more AI options. This further demonstrates our pledge to ongoing innovation through standardization of the latest AI solutions under the MIOP, a single, easy-to-integrate platform. ̽»¨¾«Ñ¡ Intelligent Estimating, together with Claim Genius' AI, will help enable carriers, automakers and multi-shop organizations (MSOs) to increase customer satisfaction, decrease expenses and lower cycle times."

Claim Genius is the second AI solutions provider to integrate with the MIOP. In January, ̽»¨¾«Ñ¡ announced its collaboration with Tractable and the two companies of their first joint customer.

Additional information about ̽»¨¾«Ñ¡ Intelligent Estimating can be found on the company's website. To receive property casualty and collision repair updates and perspectives, follow ̽»¨¾«Ñ¡ on Twitter and .

About ̽»¨¾«Ñ¡ International

Headquartered in San Diego, Calif., ̽»¨¾«Ñ¡ International, Inc. delivers smart technology solutions and services to the auto insurance, collision repair, disability and workers' compensation markets. Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence, extended reality and cloud-based solutions, ̽»¨¾«Ñ¡ enables its customers and clients to succeed in today's ever-changing environment. Each month, ̽»¨¾«Ñ¡ processes tens of millions of transactions for more than 300 insurance providers, 20,000 collision repair facilities and 70,000 pharmacies. Its comprehensive solution and service portfolio empowers clients to restore lives after a challenging event.

̽»¨¾«Ñ¡, Genex and Coventry have recently aligned their joint industry expertise and advanced technology solutions into a combined organization of more than 6,000 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.

For more information, please visit mitchell.com.

About Claim Genius

Based in Iselin, New Jersey, with development centers in India, is a rapidly emerging leader of AI-based claims solutions for the auto insurance industry. Its patent-pending AI technology provides the industry's fastest and most accurate damage estimates, using the latest high-performance cloud frameworks. Their unique and powerful Computer Vision AI stack uses sophisticated vehicle detection and image analysis algorithms to instantly identify vehicle damage, position, severity and lists of damaged parts, including hidden damage deep inside the vehicle. This technology is critical to allowing the company to make decisions right away and get their customers back to pre-loss condition as quickly as possible. Compared to traditional methods of inspections, its technology can save customers both time and money.

For more information, please visit .