About Insuranext
It is an advanced cloud-based platform designed to streamline the motor insurance survey process, empowering licensed surveyors to estimate vehicle loss with greater efficiency and transparency. Built to address critical challenges in auto insurance claim settlements, Insuranext tackles issues like procedural delays, fraud, cost-effective repairs, and salvage recycling, delivering a smarter and more reliable claims valuation process.
Problem
Auto insurance claim settlements often face significant hurdles, including time-consuming procedures, fraudulent claims, and inefficiencies in repair cost estimation and salvage management. These challenges can lead to delays, increased costs, and dissatisfaction for both insurers and policyholders. Surveyors tasked with assessing vehicle loss need a solution that simplifies their work while ensuring accuracy and transparency.
Co founder, Rghav
"Insuranext's claims processing got a major boost with Cyber Sapient's AI. Faster, accurate, and efficient – they're a game-changer for our business.”
A user-friendly platform that streamlines the claims valuation process, reducing complexity and saving time.
Ensures clear and accurate loss estimations, fostering trust between surveyors, insurers, and policyholders.
Advanced tools to identify and mitigate fraudulent claims, protecting insurers from financial losses.
Supports surveyors in determining repair costs efficiently, helping to minimize expenses while maintaining quality.
Benefits
Insuranext transforms the motor insurance survey process with its cloud-based interface, designed specifically for licensed surveyors. Key features include:
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Simplified Workflow: A user-friendly platform that streamlines the claims valuation process, reducing complexity and saving time.
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Transparent Assessments: Ensures clear and accurate loss estimations, fostering trust between surveyors, insurers, and policyholders.
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Fraud Detection: Advanced tools to identify and mitigate fraudulent claims, protecting insurers from financial losses.
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Cost-Effective Repairs: Supports surveyors in determining repair costs efficiently, helping to minimize expenses while maintaining quality.
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Salvage Recycling: Facilitates responsible salvage management, ensuring damaged vehicles are handled sustainably and economically.
Solution
Stats
45%
faster average survey completion time compared to traditional manual processes
35%
reduction in fraudulent claims through AI-driven verification tools
28%
savings in average repair costs due to smarter parts and labor recommendations
90%
accuracy in digital damage detection powered by machine learning models