Great Claims Outcome by IAG

IAG has settled a motor total loss claim in 24 mins through the integration of artificial intelligence (AI) in the form of a predictive total loss solution. The approach predicts with over 90% accuracy whether the customer’s vehicle will be a total loss or not. This technology has seen IAG achieve a reduction in claims times for motor vehicle write-offs from two and a half weeks to just a few days by eliminating the need for the vehicle to be towed to a repairer prior to its assessment.

Read more Source: Insurance News