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Newly-revealed algorithm provides estimates in just six seconds

Human claims adjusters go head-to-head with Ant Financial's estimating AI at a demonstration in Beijing, assessing damage on 12 cases. Both the humans and the AI flagged the same claim for further investigation.

By CRM Staff Beijing, China — June 28, 2017 — Can an algorithm assess vehicle damage in six seconds? Ant Financial says it can, and a recent demonstration seems to prove the company’s case. Ant Financial is the financial affiliate of China’s e-commerce giant Alibaba Group. Ant Financial has announced the rollout of an artificial […]

Mitchell trends report looks at shrinking ‘price gap’

Mitchell's Q2 report looks into artificial intelligence and the growing importance of scan tools.

San Diego, California — June 13, 2017 — Mitchell has released its Industry Trends Report (ITR) for the second quarter of 2017. In this edition, Mitchell executives take a look at how artificial intelligence (AI) is being used in the insurance industry and the use of scanning tools for complex autobody repairs. The report’s feature […]

Mitchell signs partnership agreement with AI company Tractable

Mitchell and Tractable logos

San Diego, California — October 12, 2016 — Can computers be programmed to see what a human sees? Alex Dalyac says they can. Dalyac is the CEO of Tractable, a UK-based company that has recently signed a partnership agreement with Mitchell International. Tractable specializes in the development of artificial intelligence (AI) solutions capable of automating […]

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