January 27th, 2021 – London, UK: Click-Ins are thrilled to announce that insurers and automotive companies can now accessAI powered vehicle inspection as a 1-Click solution on the Claim Technology marketplace.
Click-Ins innovation is based on a Hybrid AI approach using pre-trained simulated data produced and proprietary owned by the company to train its AI modules together with multidisciplinary technologies such as, deep learning, photogrammetry, 3D modeling, applied mathematics and computer vision.
This is a new addition to Claim Technology’s 1-Click Insurtech platform, which allows insurers to consume dozens of solutions from best-in-class insurtechs, all through a single API. The company is working with insurtech startups to help bring solutions to market quicker, and then making them instantly available to insurers via its marketplace of plug-and-play solutions.
The marketplace solution helps insurers improve their end-user experience, with features including:
This solution can be easily combined with complimentary technologies to create a robust First Notification of Loss process, which helps the industry move toward a touchless claims process, automated in the cloud. The Click-Ins service is available from as little as 99p per inspection; a proposition which is allowing insurers to digitise at pace and improve the customer centricity of their offering.
About Claim Technology
Claim Technology provides out-of-the-box, best-of-breed technology solutions for future-focused companies in the Insurance sector. Our open insurance platform and 1-Click Insurtech solutions help insurers and their supply chain leverage the benefits of cloud computing by automating insurance processes in the cloud as an alternative to building solutions in-house.
It’s a dream-come-true when you can rent and return a rental car quickly, easily, and have pleasant interactions with all those involved, right?
But let’s be honest, the scenario doesn’t always play out that way. For both the person renting the car as well as for the people working at the car rental company, the transactions and interactions are often less than smooth and pleasant.
Click-Ins’ automatic vehicle inspection saves car rental companies loads of money otherwise spent on damage disputes and undocumented damages.
Very often, returning a rental car may look something like this: the car rental examiner inspects the car for damage while the customer waits to sign the check-out paperwork and return the keys — sometimes with the anxiety that past damage will become her responsibility. When there’s damage on a vehicle that’s been unidentified or unreported, it becomes unclear as to who is liable for the vehicle repairs.
Unreported damage can later cause an ugly dispute with a customer. Most often, rental companies accept the liability and pay for the repairs.
Assessing car damage can easily become a game of assessing responsibility. It’s hard enough to assess car damage without having to also determine whether it's the customer’s fault for the damage, the last examiner’s fault for not assessing the car correctly before renting it out, or the car rental company’s fault for not having proper records about existing damage.
Click-Ins’ technology makes returning rental cars a stress-free and automatic procedure. With a few quick taps of a mobile phone camera, damages are automatically assessed and analyzed through with an artificial intelligence process.
It’s no longer necessary for employees to assess car rental damage or for car rental customers to wonder if they will be given fair treatment. In addition, both the rental company and the customers are reassured that previous damage has been efficiently recorded; each party is only held responsible for damage done during their time with the car.
This results in minimized human contact, which is especially important now with the health concerns of COVID-19, and it also results in increasingly positive interactions for everyone involved. Car rental employees and customers can spend their short interactions in a pleasant and stress-free manner, with neither worrying about damages, reports, or being unduly responsible for previous damages and mistakes.
Click-Ins uses a mix of artificial intelligence, deep learning, remote sensing, and 3D models to convert each damage into a digital signature.
Even damage that is difficult to see or measure with the human eye, Click-ins’ automated vehicle inspections for rental cars precisely records and analyzes against detailed 3D imaging of the specific car’s make and model, quickly detecting any anomalies. Each anomaly is converted into a DamagePrint™, a digital signature which acts as a damage “fingerprint”; no two damages are alike. This creates precise and accurate records for each car and any damage which appears after each rental — down to the exact length of a scratch.
The accuracy with which the Click-Ins technology assesses damage saves car rental companies money and enables car examiners to have more positive interactions at work. Customers leave the car lot happy because they no longer need to worry about unfair car damage assessments, and are able to rent and return cars easily and quickly.
With Click-Ins’ technology in place, returning a rental car is an automatic process. The tech is handling the assessment; no disputes or haggling are involved — pleasant human interactions and transactions between a business and its customers prevail.
Click-Ins has joined NVIDIA Inception, a program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.
Startup.Info recently interviewed our CEO, Eugene Greenberg, about revolutionizing Vehicle Damage Inspections in the Insurance and Automotive Industries.
Click-Ins is selected as one of 8 finalists at the Reinhold Cohn Start Up Competition in the automotive and mobility segment.