BLOG OF SIMON

Insurance Companies Use Tip that Can Reduce Costs

Insurance Companies Use Tip that Can Reduce Costs

It is estimated that 85% of Insurance companies’ executives plan to widely invest in artificial intelligence in the next three years, according to a recent study from Accenture, a software consultancy company. This way, artificial intelligence is ready to change the insurance companies in a number of ways, including the rationalization of the claims’ processes, reducing fraud and bringing better results equally to the customers and the insurance companies.

Collision repairs used to be the replacement of fenders, headlights and bumpers. Nowadays it deals with sophisticated parts and electronics. Repair workers must be prepared to fix a computer on wheels. Due to the complexity of those systems, the verification tools are useful to determine which parts should be redefined or recalibrated. Currently there are four options the repair shops can use to verify a vehicle before and after the repairs to guarantee the systems work correctly.

The new way the insurance companies are working now helps making the repair processes faster. For instance, there are collision equipment that can manage the diagnose part, making it one more way of guaranteeing safety, reducing the time of the whole process and correctly document what needs to be repaired.

From the moment the accident happens to the day the injured driver returns to work, the steps the compensations’ requests can take can be complex. It may involve uncountable parts, technologies and judicial requests of every sort.

The artificial intelligence can help reducing considerably the costs of a complete and complex repair.

See too

  • Why leasing is not as good as it seems

    I’ve seen several news reports that say leasing is now the No. 1 strategy of automakers and car dealers to reverse the trend that we’re keeping cars much longer. The average age of a car out on the road is now the longest it’s ever been.

    One story I saw proclaimed that 200,000 miles is the new 100,000 miles, as more people start to see their cars as being babies once they hit 100,000 miles and keep them on the road.... Read more

  • At the point when Buick propelled the 2019 Envision a month ago, the brand said a choice to add an Off change to its stop/begin motor innovation was "driven by client criticism." As some new-vehicle proprietors know, stop/begin tech has had a developing nearness in nonhybrid vehicles since it spares fuel and lessens contamination. Be that as it may, obviously not all Buick proprietors have preferred the element, and protesters who have talked up appear to be a long way from alone. So automakers have progressively been including an Off catch (like the An encompassed by a bolt appeared above ... Read more