Breaking News
Verisk announces European collaboration with GT Motive to expedite motor damage claims
Verisk, a leading global data analytics provider, has today announced a new collaboration to integrate its IVI motor repair pricing and triaging solution with the GT Estimate claims calculator from GT Motive, a provider of repair data in the automotive, insurance and fleet sectors. The new integration will be rolled out across the UK and the wider European market to help enhance digital collaboration and expedite speed and accuracy during the motor damage claims process.
The integration is designed to allow for the GT Estimate calculation module to be accessed directly from within the Verisk IVI application to help provide a rapid assessment of both potential total loss and initial calculation of repair costs. This can help greatly improve workflows to increase the speed at which a decision on a claim can be made, while also minimising manual input required by claims experts and assessors.
“This combination of GT Motive and Verisk IVI is great news for claims experts in the UK and Germany, and in the wider European insurance market, bringing powerful new capabilities to support motor claims,” comments Andreas Bleschkowski, Executive Director GT Motive Deutschland (GSA). “Our solutions are accurate, fast, cost-effective and future-proof, and this latest development will provide real process optimisation for claims management.”
GT Estimate provides a powerful cloud-based solution for claims professionals to conduct appraisals and repair estimates on motor claims. The solution allows for access to manufacturer data such as Vehicle Identification Number (VIN), Advanced Driver Assistance Systems (ADAS) and Service-Maintenance-Repair (SMR) information, all available with an intuitive, user-friendly platform. IVI from Verisk complements this with automated triaging of motor damage claims into repair or total-loss workflows, using artificial intelligence (AI) and advanced image recognition technologies.
“The new integration with GT Estimate can help provide a marked improvement to initial repair cost estimation and aid expert decision-making – saving time and eliminating errors,” says Matt Thorby, Verisk Head of Motor, EU Claims. “The integration is a significant milestone for Verisk in Britain and mainland Europe, and we look forward to exploring how to further strengthen this collaboration to support the European insurance market.”
Companies In This Post
- Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments Read more
- Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility Read more
- ING’s AI Roadmap: Platform, People, and Agentic AI Read more
- UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year Read more
- TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales Read more
Chubb Appoints Scott Henck Global Chief Actuary
Chubb announced that Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary
Insurity Announces Billing-as-a-Service Now Costs Less Than Running Billing In-House for P&C Carriers and MGAs
Insurity announced major advancements to its Billing-as-a-Service platform, establishing it as a lower-cost model for billing than running operations internally
INSHUR Appoints Christopher Aragon as Head of US Sales and Operations to Drive Growth and Expand Mobility Insurance Footprint
INSHUR, the leader in insurance solutions for the on-demand economy, announced the appointment of Christopher Aragon as Head of US Sales and Operations
Markel Announces Collaboration With Upfort to Help Enhance Protection for U.S. Cyber Policyholders
Markel announced a new collaboration with Upfort to provide eligible U.S. cyber policyholders with an expanded suite of tools
Jointly AI Launches the World’s First Autonomous AI Insurance Broker Platform
Jointly AI announced the launch of Jointly AI Broker, the world's first end-to-end autonomous AI insurance brokerage platform
How UK Home Insurers Can Return to Profit
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
London Market Brokers Favouring Digitally Advanced Insurers in a Softening Market
How London Market insurers harness new digital technology to improve speed, integration and ease of doing business, is a major determinant on where brokers place their business
Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments
Bluefin, the global leader in payment and data security infrastructure and PCI-validated point-to-point encryption (P2PE), today announced a strategic partnership with Basis Theory, a modern, API-driven tokenization and vaulting platform. Together, the companies enable enterprises to implement a unified token strategy across in-store, call center, online, and backend payment environments without expanding PCI scope or introducing new integration complexity.
Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility
Invest Bank today announced the successful outcomes of its strategic partnership with AUTON8, a global leader in intelligent automation. The collaboration marks a milestone in strengthening regulatory resilience, operational efficiency, and customer-centric agility across both core and digital banking landscapes.
ING’s AI Roadmap: Platform, People, and Agentic AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year
PayCaptain, the world’s first B Corp-certified payroll solution, reports a landmark year of growth, with a 73% increase in new customers for 2025 and an average of 70% YoY revenue growth in the last two years. As the cost-of-living crisis deepens, PayCaptain has provided financial agility for 55,000 employees across 260 forward-thinking brands including TGI Fridays, Dishoom, Roadchef, NEOM, Charlie Bigham’s and Monica Vinader dedicated to combining efficient payroll with tools to support the financial health of staff.
TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales
TreviPay, a fully managed B2B payments platform, today announced the availability of the Growth Center, a set of capabilities within the TreviPay Client Portal to help identify buyer growth opportunities more strategically and build stronger, longer-lasting supplier relationships. With its advanced features, the new Growth Center enables businesses to explore buyer needs, spot trends and optimize key steps in the order-to-cash (O2C) process. Integrated into TreviPay’s global payments network, the customizable add-ons will help businesses use their O2C programs to deepen buyer relationships and drive lasting engagement.
AYU Alternative Investment Network Launches Direct Capital Matching Service
AYU, the global private members' community for family offices and alternative investment funds, is launching AYU Capital, a matching service connecting funds and founders with verified family office investors.
Chubb Appoints Scott Henck Global Chief Actuary
Chubb announced that Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary