Mitchell and Claim Genius Working to Make Estimate Automation a Reality
Companies to demonstrate their integrated solutions and support for straight-through processing at InsureTech Connect
Representatives from both companies will be at InsureTech Connect this week to demonstrate their integrated technologies.
"Our focus continues to be on delivering a best-in-class, scalable claims automation solution powered by the industry's leading AI," said
Launched in 2019, Mitchell Intelligent Estimating is the industry's first claims automation solution to feature an open platform and choice of AI providers. In addition to third-party computer vision technologies from Claim Genius, Tractable and Inspektlabs, Mitchell also offers its own AI engine and supports insurer-developed AI algorithms. After processing policyholder-submitted photos and videos, AI recommendations are returned based on the Vehicle Identification Number (VIN) and Mitchell's repair data. These recommendations pre-populate individual estimate lines, giving appraisers the option to review the estimate first or leverage straight-through processing to complete it without human intervention for low-severity claims.
"Estimate automation is rapidly becoming a key priority and, with Mitchell and Claim Genius, a key differentiator for our auto insurance customers," said
For more information, visit the Mitchell website or follow Mitchell on Twitter @MitchellClaims and @MitchellRepair. Additional information about Claim Genius is available at www.claimgenius.com or @ClaimGenius.
About
Headquartered in
Mitchell, Genex and Coventry have recently aligned their joint industry expertise and advanced technology solutions to form Enlyte, a parent brand with more than 6,000 associates committed to simplifying and optimizing property, casualty and disability claims processes and services.
About Claim Genius
Based in
View original content to download multimedia:https://www.prnewswire.com/news-releases/mitchell-and-claim-genius-working-to-make-estimate-automation-a-reality-301629422.html
SOURCE


PSAM Opposes Prior Authorization on Evidence-Based Addiction Treatment
PGIM Quantitative Solutions Bolsters Distribution Team With Senior Appointment and Promotion
Advisor News
- SEC nears settlement with accused scammer Tai Lopez
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
More Annuity NewsHealth/Employee Benefits News
- UnitedHealthcare launches spending account benefit
- Afternoon Briefing: Health insurers propose double-digit-percentage price increases
- Health insurers propose double-digit-percentage price increases for Illinois exchange plans
- Anthem Establishes Coverage of C2N Diagnostics’ PrecivityAD2® Blood Test for Alzheimer’s Disease Evaluation
- Reynolds creates Iowa Medicaid fraud task force
More Health/Employee Benefits NewsLife Insurance News
- AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
- Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
- AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
- Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
- How AI is changing the insurance claims process and what it means for accident victims
More Life Insurance News