A growing telematics market means that insurance carriers are drowning in data. We could build an ark and hope to ride it out. But wouldn’t it be better if we could monetize this flood? Insurance carriers wouldn’t be blamed for thinking that they’llsoon be less in the business of insurance and more in the business of […]
CCC Introduces AI Damage Detection for All Major U.S. Vehicle Types Computer vision and exclusive heat maps bring precision to damage detection Chicago, IL, April 25, 2018 – CCC Intelligent Solutions (CCC) announced today the availability of AI-powered capabilities that use computer vision technology to automatically detect vehicle damage and visually depict that damage using […]
According to the National Highway Traffic Safety Administration, over 37,000 lives were lost in the U.S. in 2016 from motor vehicle fatalities, an increase of 5.6 percent from the prior year. The largest increases occurred among pedestrians and cyclists (see Figure 1). Pedestrian fatalities grew from 11 percent of all traffic deaths in 2006 and […]
Over the last several decades, automakers and safety groups changed vehicle design to improve the overall crashworthiness of vehicles. These updated vehicles do a better job of protecting vehicle occupants from injury and fatality, and have lower repair costs from redesign of vehicle components such as bumpers. More recently, technology designed to avoid a crash […]
CCC® Open Shop Surpasses 500,000 Assignments on an Annualized Basis The electronic method of communication between non-DRP repair shops and auto insurers delivers results, efficiency CCC Intelligent Solutions (CCC) announced today that its CCC® Open Shop solution (Open Shop) is now facilitating more than 500,000 assignments on an annualized basis. Open Shop is the industry’s […]
Putting the AI in the Automotive Industry Huge investments and bets are being made by automakers, tech companies, insurers and collision repairers, as companies position themselves to benefit from new technologies; technology that not only changes the types of vehicles consumers buy in the future, but how and when they buy, how they insure, and how they repair in […]
WeGoLookÒ Connects to the CCC ONE® Platform On-demand workforce provides CCC customers with new options to rapidly facilitate claims Oklahoma City, OK, February 27, 2018 –WeGoLookÒ, an on-demand workforce solutions provider and subsidiary of Crawford & Company®, announced today it will connect to the CCC ONE® platform (CCC ONE), a hyperscale cloud platform developed […]
By John Haller, Chief Data Scientist & Christoph Plenio, Vice President R&D, CCC Artificial Intelligence, Machine Learning, and Deep Learning are more than futuristic concepts. These technologies are impacting the insurance industry in a significant way right now and this impact is likely to increase in the near future. The idea of Artificial Intelligence (AI), […]
It has been suggested that the world today is experiencing the Fourth Industrial Revolution, as technologies such as mobile digitalization, artificial intelligence, automation, the internet of things, machine learning, voice recognition and others have begun to merge the physical and digital worlds. Personal mobility is one of many areas undergoing dramatic change, and given that […]
When it comes to customer service, the claims process represents a great opportunity for all stakeholders. This is especially true in APD claims, where the right technologies, communication efforts, and coordination among participants can help the vehicle owner efficiently finalize his/her claim, fostering lifelong loyalty. What happens when there is a hiccup somewhere along the […]