Tag: Auto Insurance

How applied AI is transforming auto insurance

There were 12 million car accidents in the US in 2019, according to data from Statista. Each of these comes with an insurance claim, but these processes are too long and inefficient.

Australian InsurTech Open teams with Bupa for auto insurance

Australian digital insurance company Open has signed a partnership with Bupa, an international healthcare group,

Liberty Mutual Insurance acquires Fetch’s auto insurance tech

Liberty Mutual Insurance has acquired certain technology assets of Insurance Portal Services (Fetch), which allows auto manufacturers and dealers integrate auto insurance.

Beesafe to leverage Tractable’s AI auto claims tech

Beesafe, which is part of the Vienna Insurance Group, with leverage Tractable’s AI technology to assess car damage and accelerate claim processes.

Staying relevant – how can the insurance industry adapt to the...

The insurance sector has changed quite a bit over the past years; however, it is currently undertaking its biggest ever transformation - the shift towards a fully personalised approach towards the consumers, and usage-based insurance (UBI) as a prominent example of that shift.

Tractable launches tool to revolutionise claims after natural disasters

Tractable, which has developed an AI solution for visual assessment and disaster recovery, has launched a new solution to assess damage to buildings after natural disasters.

Hylant releases tool to help restaurant owners insurer delivery drivers

Hylant, a large privately owned insurance brokerage in the US, has launched RoadPilot, a pay as you go insurance service for the restaurant home food delivery industry.

Redesigning fleet insurance – Humn collects Series A

Motor fleet insurance pricing service Humn has collected £10.1m in its Series A, which was led by BXR Group and Shell Ventures.

Tractable helps Sara Assicurazioni become first Italian insurer to leverage AI...

Sara Assicurazioni has become the first Italian insurance firm to leverage AI to enhance vehicle damage assessments and estimates, thanks to a deal with InsurTech100 company Tractable.

InsurTech unicorn Tractable teams up with LKQ North America

InsurTech100 company Tractable has deployed its AI tools into LKQ North America, a provider of alternative vehicle parts, as part of a new deal.

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