London, United Kingdom — In a meeting of great minds in the world of collision claims processing, Mitchell took part in a demonstration of the company’s end-to-end claims automation solution for attendees of Tractable’s Vision Summit in London, U.K.
Representatives from Mitchell were able to demonstrate how North American carriers can use Mitchell Intelligent Estimating with Tractable AI for straight-through processing in automotive insurance claims, in order to create a seamless and efficient experience.
The two companies have been working collaboratively with North American insurers since January of 2021, offering a product that combines Mitchell’s cloud-based estimating system with Tractable’s proprietary computer vision and photo estimating capabilities.
“With our AI and Mitchell’s advanced technology and data, we can make straight-through processing a reality for U.S. and Canadian auto insurers,” said Tractable co-founder and CEO Alex Dalyac.
“Our solutions give carriers and consumers the opportunity to process claims quickly and efficiently.”
Mitchell Intelligent Estimating occupies a unique position, being the first claims automation solution to rely on an open platform of AI computer vision providers, and therefore, allowing for extensive customization on the part of the customer. Users have the option of integrating their own AI algorithms or using Mitchell Intelligent Damage Analysis.
“We remain committed to providing insurers with a flexible, open and turnkey claims automation solution,” said senior v-p of global product strategy and AI, Olivier Baudoux.
“Today’s demonstration with Tractable and other leaders in the insurance ecosystem gives the industry its first real glimpse at the future of touchless estimating and straight-through processing.”