Mitchell Issues Third Quarter 2018 Industry Trends Report
Summary
In this edition of the Industry Trends Report, Mitchell CEO Alex Sun discusses how technology is changing the nature of insurance risk in the Age of Automation, diving deep into one of its most powerful drivers, the Internet of Things (IoT).This quarter’s Casualty edition explores the importance of having a complete, objective view in its feature article, “The Power of Perspective: Seeing the Full Picture of a Claim.” In this article, Nina Smith, Mitchell International Executive Vice President and General Manager, Casualty Solutions, explains how integration and “the combination of technology and data provides the insights required … to give adjusters a full picture of the claim, creating better outcomes and helping restore lives.”With an eye towards improving the accuracy of photo-based estimates, Mitchell is refining the image recognition technologies and pairing them with our rich historical database of virtually every vehicle make and model.Headquartered in San Diego, California, Mitchell International, Inc. delivers smart technology solutions that simplify and accelerate claims handling, repair processes and pharmacy transactions, driving more accurate, consistent and cost-effective resolutions.Mitchells comprehensive solution portfolio and robust SaaS infrastructure connect its customers in ways that enable tens of millions of electronic transactions to be processed each month for more than 300 insurance providers, over 65,000 pharmacies and 30,000 collision repair facilities, as well as countless other Property & Casualty industry supply partners across the Americas and Europe.
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