(Image source: Bdeo homepage.)
CAB Group (Örebro, Sweden), a supplier of software products to Nordic insurers and their suppliers to handle claims in the automotive, property, and health industries, has entered into a strategic collaboration with Bdeo Technologies, a Madrid-based provider of visual intelligence solutions to auto and home insurers. The alliance will allow CAB’s insurance customers in the Nordic markets to benefit from the Spanish InsurTech’s solutions.
Bdeo’s Visual Intelligence technology will enable CAB policyholders to gather evidence of motor and home insurance claims by means of a self-guided image and video capture solution, according to a Bdeo statement. Bdeo’s IV (“inteligencia visual”) engine will then analyze the evidence provided and supply automated outputs designed to speed up the decision-making process.
“CAB’s insurance customers handle over one million claims every year via CAB’s CABAS and MEPS platforms,” comments Peter Afzelius, CEO, CAB Group. “We’re thrilled to be partnering up with Bdeo to offer our insurance customers products that are able to provide accurate damage recognition and assessment in next to no time thanks to their SmartVideo and SmartPhoto technology. We are now able to offer our customers a tailored solution designed to boost policyholder satisfaction and, at the same time, minimize both operational costs and environmental impact.”
Significant Added Value
“Artificial intelligence and Visual Intelligence in particular, now form part of everyday life and are set to revolutionize the insurance sector,” comments Julio Pernía Aznar, CEO, Bdeo Technologies. “We’re confident that Bdeo’s Visual Intelligence solutions will bring considerable added value to CAB’s insurance customers, both in the short and long term. This collaboration enables us to expand our service reach by guaranteeing local support and customer service across the Nordic markets.”