premium
Q+
04/05/2020Insurance Innovation

About

The Credit-Based Smart Auto Claim Solution, the first of its kind in the industry, uses artificial intelligence to collect and analyze driving behavior and history data to reward good driving habits with credit quotas, from which claim settlements can be deducted quickly and efficiently.

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more? Speak to Boris, Qorus's Content Lead

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.
Contact us

Related innovations

04/03/2025Insurance Innovation

From Data to Dollars: AI for Life & Annuities

Atidot leverages AI and 53 million policyholders’ data to boost life and annuity sales, improve retention, and cut CAC by...

04/03/2025Insurance Innovation

AI For Pet

AI For Pet is transforming pet healthcare with AI-driven health screenings for veterinarians and pet care providers. Our vision AI...

04/03/2025Insurance Innovation

Digitalization of Auto Insurance Claim Processes with BPM

by integrating OCR, RPA and AI technologies, we enabled 10% of claims to be automatically paid without human intervention.

04/03/2025Insurance Innovation

Verna Engagement Platform

A cutting-edge software solution revolutionizing smart vehicle insurance. By enabling insurers to tailor communications and incentivize safe driving, VEP maximizes...

Related news & insights

SME Banking
31/03/2025News

Qonto transforms invoice collection with AI

Qonto, the financial management platform for European SMEs, has launched Invoice Operator, an AI-driven solution to streamline invoice collection. Developed...

Digital Reinvention
27/03/2025Article

Financial Innovation Spotlight – March 2025 edition

This month’s Financial Innovation Spotlight features five eye-catching initiatives from around the world by Burbank, KasikornBank, ING Spain, CIMB Bank...

Insurance
24/03/2025News

Hanwha Life fuels AI innovation in Vietnam through Informatics Olympiad sponsorship

Hanwha Life is reinforcing its commitment to technological innovation and talent development in Vietnam by sponsoring the 6th Vietnam Informatics...

Digital Reinvention
14/03/2025News

Commonwealth Bank expands AI partnership with Anthropic

This collaboration is set to enhance CBA’s AI capabilities, aiming to improve customer experiences while maintaining a strong focus on...