Insuranceciooutlook

Solera Announces Advances in Break-Through AI Solution Qapter

By Insurance CIO Outlook | Tuesday, December 08, 2020

Qapter allows collision repair ecosystem participants to accelerate the introduction of AI in their workflows, without the risks, costs, as well as limitations inherent in point solutions.

FREMONT, CA: Solera, a global leader in risk and asset management data and software solutions for the insurance and automotive industries, has declared new updates regarding its revolutionary AI-based, end-to-end claims management platform, Qapter.

Qapter allows collision repair ecosystem participants to accelerate the introduction of AI in their workflows, without the risks, costs, as well as limitations inherent in point solutions. A collaboration between Qapter’s AI and Google Cloud infrastructure allows the solution to scale globally and for any vehicle make and model.

In the automotive claims industry, moving rapidly from photo to estimate is one of the most complex problems to solve. Where other solutions utilize simple statistical algorithms to project an estimate from an image, Solera utilizes proven Repair Science, based on over 40 years of the historical vehicle as well as claims data, to build more accurate and precise estimates, consistently, quickly, and at scale.

“Our strategic vision for the future of the insurance market requires disruptive thinking, ambition and laser focus to deliver the best AI-powered solutions that can scale at a global level. Our unmatched data and superior AI leveraging Google’s industry-leading technology allows us to drive the next generation of Solera’s product and service excellence with speed and precision,” stated Darko Dejanovic, Chief Executive Officer of Solera.

“Machine learning continues to open doors for businesses looking to create a new era of data-driven innovation,” stated Craig Wiley, Director of Product Management, Google Cloud AI Platform. “Solera is fostering outstanding customer experiences, building new products and services, and working to automate parts of its business by using artificial intelligence powered by Google Cloud. We are excited to be a part of this journey.”

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