Friday, March 29, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsEnterprise ITMitchell launches Artificial Intelligence based claim review solution for insurance industry

Mitchell launches Artificial Intelligence based claim review solution for insurance industry

Follow Tech Observer on Google News

Mitchell WorkCenter Assisted Review offers an integrated workflow solution that uses artificial intelligence and machine learning technology to help insurance companies improve the collision claim estimate review process

Google News

San Diego based technology firm Mitchell which provides solution to the property & casualty (P&C) claims and collision repair industries has launched Mitchell WorkCenter Assisted Review aimed at automating the review process for insurance companies.  is an integrated workflow solution that leverage for the estimate review process. By using visual computing to analyze photos, the solution uses machine-learning technology to help identify incorrect replace or repair decisions, helping insurance companies review more estimates in less time while refining estimating guidelines and consistency, said company.

“In less than a year after we first announced our assisted review project with Tractable, Ltd., we have developed an integrated artificial intelligence solution that will help to save thousands of hours of review time while leading to more accurate and consistent estimates,” said Debbie Day, Executive Vice President and General Manager for Mitchell Auto Physical Damage Solutions.

By reviewing millions of damaged vehicle photos, computers are trained to recognize vehicle damage and use computer vision to double-check repair vs. replace decisions. Mitchell WorkCenter Assisted Review uses this technology to quickly identify estimates that are potentially inaccurate, allowing carriers to more easily maintain estimate quality and consistency, be more selective about sending appraisers into the field, and improve cycle times and productivity, said company.

“Early pilot tests demonstrated that – identified claims consistently reduced the amount of time for the audit and review function per claim by a substantial margin. WorkCenter Assisted Review is designed to provide insurers with a more targeted and efficient review of all claims,” said Olivier Baudoux, Vice President, Product Management and Strategy for Mitchell Auto Physical Damage Solutions.

The product is available for implementation for Mitchell WorkCenter claims management solution customers in North America.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
M Kalam
M Kalam
M Kalam covers technology and e-goverance for TechObserver.in.
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

How AI power struggle opens up new frontier in global geopolitics

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

RELATED ARTICLES