Clearcover unveils game-changing gen AI tool for rapid claims processing

Insurance
28/03/2024 News

Clearcover, a leading car insurance provider, has launched an innovative generative AI tool aimed at expediting claims processing and enhancing customer satisfaction.

This AI solution, driven by large language models (LLMs), streamlines statement collection immediately following a claim report, eliminating the need for time-consuming follow-up calls. Clearcover's CEO, Kyle Nakatsuji, highlights the company's commitment to leveraging technology for digitally savvy customers, praising the teams involved for their pioneering efforts.

As an industry trailblazer, Clearcover is introducing a suite of AI products to improve the insurance experience. These include a claims assistant for adjusters and plans to integrate conversational AI into their mobile app for 24/7 customer support.

Adam Fischer, Clearcover's Chief Product and Innovation Officer, emphasizes the transformative potential of generative AI in empowering customers. This launch aligns with Clearcover's Clear Claims process, powered by ClearAI, which aims to process eligible claims in as little as 30 minutes, setting a record of just 7 minutes.

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