Car insurance claim settlement, renewal to get easier with this automated inspection process
AI-based process is focused on automation of policy renewal approvals, and small and mid- sized motor claim estimation, the insurer said
To reduce delays in claim settlement and and policy renewal, Liberty General Insurance has recently introduced automated vehicle inspections for car insurance policies. "This is expected to transform the car inspection process, which is currently dominated by manual inspections," the company said in a statement. For this process the insurance company has partnered with Inspektlabs, a computer vision technology platform focused on automation of inspections for any physical assets.