Claim Assessment using Automation
We detect damages, take repair vs replace decisions on car parts, and integrate with credible sources of part & labor costs to estimate $ claim value for vehicles
Claim Assessment
We utilise 15 modules to estimate claim value of vehicles. These modules can be easily calibrated across markets. We have partnered with leading players around the world to acquire local part costs, labor rate per hour
Repair vs Replace
Dismantling decision
Labor rate/hr - local partnerships
VIN reading
Taxes
Removal and refit hours
Old or prior exclusions
Discounts
Repair labor hours
% panel paint required
Part prices - local partnerships
Odometer reading
Depreciation
Paint hrs
Cause of damage
AI Claim Review
Under auto insurance claim review, the garage and/or adjustor builds an estimate. This estimate is sent to Inspektlabs and claims with high probability errors are flagged (e.g. a part that could have been repaired was replaced, 5 hrs of labor was charged when only 1 hr of labor was required). These claims are then manually reviewed by the insurer.
Repair vs Replace
Dismantling decision
Labor rate/hr - local partnerships
VIN reading
Taxes