AI selects a body for sale or insurance

CGI Finance, which specializes in car finance in France, uses new technologies. Thus, the company formalizes a partnership with Tchek, a publisher founded in 2016 and developing its own solutions for image processing and artificial intelligence.

Its artificial intelligence product Tchek Inspection will “soon” integrate a new CGI Finance mobile app for individuals and automotive professionals.

Computer vision at the service of dealers

Using computer vision, the application allows for an “accurate inventory of the vehicle body”. The report generated by Tchek Inspection is stored in the sponsor’s mobile application.

Thus, Tchek acts as a “trusted third party between users”. For CGI Finance, the launch of the Occazio smartphone app should allow it to expand into the secondhand market with dealers.

“It is with this in mind that we are shortly launching Occazio, an innovative mobile app that brings together the best technologies to facilitate the use of potential customers in sales, trade-in or cash purchases,” comments François-Xavier Lammens, head of the agency. digital CGI Finance.

The use of artificial intelligence in the automotive world has increased in recent years, in particular to speed up the insurance claim process.

AI also deals with insurance and car repairs.

The latest version of the Axa France mobile app uses the phone’s camera to estimate the cost of a car accident and offer compensation. The insurer uses Tractable startup technology.

Insurtech has customers around the world including Ageas UK, the UK subsidiary of the Ageas Group. Other startups are positioned in the same segment, for example, the French monk.

In 2021, Monk joined forces with another insurance company, Shift Technology. Both partners combine their AI solutions. This co-residence allows automating insurer decisions after visual inspection and AI claim quantification.

Used car specialists like Aramis Auto are also deciding to develop their own AI computer vision models. Its workshops are equipped with portals.

This allows you to capture and then analyze the image of the vehicle in 3D. The images are subjected to an artificial intelligence system for automatic recognition of body defects. Plus for the examination and repair work.

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