RAVIN AI to demo its new AI-powered vehicle repair assessment solution, RepairIQ, at ITC Vegas 2024 alongside strategic partners
2024年10月2日 - 2:07AM
RAVIN AI, a leader in AI-powered vehicle assessment software, is
excited to unveil RepairIQ, its unique repair assessment solution,
at its dedicated booth at ITC Vegas 2024. Attendees will have the
opportunity to experience RAVIN AI’s cutting-edge technology
through interactive demos designed to showcase how insurers can
efficiently triage motor claims, accurately predict total losses,
and effectively manage repair costs.
Built on 2 Billion Vehicle Images and Repair Insights
Worldwide
RAVIN AI’s virtual, AI-driven vehicle assessment software is
powered by DeepDetect™, a proprietary damage detection technology
that was granted patents in the US, EU and other jurisdictions
based on its novel approach and recognized by TIME magazine as one
of AI’s breakthrough technologies. Since its inception, RAVIN has
scanned hundreds of millions of vehicles using this technology and
leveraged it to gain insights on damage and repairs worldwide.
Proven Results with Global Brands
By leveraging RAVIN AI’s technology, global brands such as Avis
Budget, Hertz, and IAG Insurance have achieved remarkable results.
Clients typically see a 50% reduction in damage capture & cycle
time by saving on logistics and overheads and have developed
lower-cost repair options. These in turn streamline the claim
settlement processes, preventing fraud and drive customer
satisfaction for RAVIN’s customers.
Interactive Demos at ITC Vegas 2024
Visitors to ITC Vegas 2024 can experience three interactive
demos at RAVIN AI’s booth:
- Remote Vehicle Inspections via
RAVIN Inspect™ App: Demonstrating how insurers can conduct
thorough vehicle inspections remotely, improving efficiency and
accuracy.
- CCTV Inspections using RAVIN AutoScan™:
Showcasing how fixed cameras can be utilized for continuous and
reliable vehicle assessments.
- Damage Detection: Highlighting AI-driven
technology to accurately detect and assess vehicle damage.
- Repair suggestions and
triaging decisions: Advising vehicle owners and insurers
on extent of repair and whether vehicle should be totaled.
Strategic Partnerships
RAVIN AI’s presence at ITC Vegas follows a year of significant
milestones. In 2024, the company continued its strategic
partnerships with industry leaders such as Sapiens, Guidewire,
Yarris, IAG Insurance and more. These achievements underscore RAVIN
AI’s commitment to innovation and excellence in the insurance
industry.
About RAVIN AI
RAVIN AI offers state-of-the-art, virtual vehicle assessment
solutions powered by artificial intelligence. The company’s
technology empowers insurers to efficiently manage motor claims,
predict total losses, and control repair costs, ultimately
enhancing the customer experience and streamlining operations.
Join Us at ITC Vegas 2024
RAVIN AI invites attendees of ITC Vegas 2024 to visit their
booth (#2876) and experience firsthand how their
AI-powered solutions can transform the insurance industry.
For more information about RAVIN AI and their participation in
ITC Vegas 2024, please visit www.ravin.ai or contact
info@ravin.ai.
Contact:
Avital Pessar, VP of Marketing, RAVIN AIEmail:
avital@ravin.ai
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d05645c7-b17d-4507-b9e6-081e9d6c5176