Daily Fintech Conversations

Incumbents Go Partner Scouting, Seek Intelligent Tech To Scale

Originally published at: https://dailyfintech.com/2020/11/05/incumbents-go-partner-scouting-with-an-eye-on-innovation-in-intelligent-tech/

Tokio Marine has teamed up with AI powered claims technology provider Tractable to accelerate its claims processing. The partnership enables the insurer to use computer vision to assess vehicle damage in near real-time and estimate the extent of repairs needed. Tractable is also operational at other insurance giants such as MS&AD (fifth largest P&C insurer)…