For this process the insurance company has partnered with InspectLabs, a computer vision technology platform focused on the inspection of any automation inspection.
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The CEO of Liberty General said that we have been working in partnership for almost two years to automate our car inspection process. Through this partnership we have developed an efficient and elegant product, which will help us reduce the cost and time required for motor inspection.
>> Under the Artificial Intelligence inspection process, customers have to click their car’s photo and make a video of it to renew the car policy and claim settlement.
>> After this the policy holder will have to forward these photos and videos.
>> After this your vehicle’s Automated Inspection Report and Claim Settlement Report will be prepared.
>> Liberty General Insurance said that this will not only save your cast but will also give satisfaction to the customer. Along with that >> it takes less time to renew the policy and settle the claim.
The new product has already been integrated with many motor insurance policies offered by Liberty General Insurance. In addition, the focus of AI-based process is on policy renewal approval. Along with this, its focus is on small and mid sized motor claims.
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Liberty General Insurance Limited (LGI) started it in the year 2013. The company started a joint venture between Liberty CityState Holdings PTE Ltd and Enam Securities and Diamond Deletrade. Over the years, the insurer has made a list of customized policies.