Switzerland / Israel January 2021. Spearhead, an InsureTech company providing First Notice of Loss (FNOL) solutions for the automotive claims industry, and Click-Ins, an AI SaaS technology company developing automated vehicle damage inspection based on damage photos; have signed a partnership agreement to deliver a fully automated, digitalized and smart End-to-End FNOL solution that redefines the way automotive claims are processed.
Spearhead specializes in solutions for a digital, automated, and smart way to report and analyze, automotive claims in real-time and estimate potential repair costs and total loss risk fully automated with high transparency and fairness. By applying state of the art analytical tools to vehicle crash telematics data, Spearhead delivers to its clients and their end customers an efficient, positive, and contemporary experience throughout the journey from the first notification of the loss to the final settlement of the claim.
Click-Ins specializes in AI SaaS automated image-based vehicle damage inspection. Using an intuitive mobile guided image capture tool to photograph the vehicle on site, Click-Ins’ solution automatically detects, analyzes, and processes car damages within seconds at high precision and consistency without the need for special equipment or skilled personnel.
Click-Ins AI Hybrid technology will be fully integrated within Spearhead Vehicle Telematics and Digital FNOL solution creating for its customers an end-to-end digital and automated claims process from the moment of the accident, to the initial loss notification, throughout the various stages of damage documentation, inspection, analysis, and repair cost estimation, up to the final settlement of the claim.
Quote by Spearhead and Click-Ins:
"Spearhead's solution allows Automotive and Insurances Companies to leave behind the limitations of today’s analog and inefficient claims handling processes, and enable them to progress to a digital, automated and smart claims management. By having Click-Ins as our technology partner for processing damage photos we can provide to our customers a unique FNOL solution that sets a new standard in the automotive claims industry." (Wolfgang Ahrens, Co-Founder and CEO at Spearhead AG)
Eugene Greenberg, Co-Founder and CEO at Click-Ins added: "This partnership will provide an unparalleled solution; finally, Insurance and Car rental companies could be certain of a vehicle’ exact condition throughout its lifecycle. This level of transparency will enable our customers to be one step closer to their goal of reducing touchpoints, risk, and loss, while preventing fraud and improving user experience."
Spearhead’s mission is to create and provide innovative solutions for a digital, automated and smart way to manage automotive claims in real-time, with high efficiency, transparency and fairness, while offering to the end customer a positive contemporary experience throughout the journey from the first notification of the loss to the final settlement of the claim.
By combining vehicle telematics, advanced statistical models, machine learning, artificial intelligence, leading accident research know how and repair practices Spearhead transforms big data into smart data and provides powerful insights that drive digitalization and transformation within the automotive claims industry. For more information: www.spearhead-ag.com