Award Spotlights Innovative Contributions to the Insurance Industry
Dubai, United Arab Emirates, – Solera, Inc. (“Solera”), a global leader in risk and asset management data and software solutions for the insurance and automotive industries, announced that Qapter® Intelligent Estimating, Solera’s groundbreaking AI-based, end-to-end claims management solution, was awarded the 2021 InsureTek Golden Shield Excellence Award for best “AI-Based Estimating Solution Provider.” The award, announced at the 2021 InsureTek Middle East International Conference, celebrates remarkable and transformational contributions to the insurance industry.
InsureTek examines leading-edge technology across all insurance categories, providing business executives and investors the opportunity to gain insights from top thought leaders, while examining solutions that address the greatest challenges facing the insurance industry.
“The Solera team is honored to receive the Insuretek Golden Shield Excellence Award in recognition of our unique approach to intelligent estimating,” said Maher El-Ghailani, Area Managing Director, Middle East and North Africa, Solera Audatex. “To be recognized in the insurance industry is a testament to the significant investment and relentless commitment we make to deliver superior value and success to our customers through continuous innovation.”
Solera delivers efficiencies through its automated claims rules engine and intelligent repair cost calculation module. These features are underpinned by unmatched historical vehicle and claims data to ensure unparalleled accuracy. The Data Science and Repair Science™ foundation, distinctive to Solera, combined with the company’s continuous investment in innovation across the global ecosystem, paved the way for Qapter, Solera’s groundbreaking AI-based, end-to-end claims management solution.
Qapter combines machine learning and computer vision algorithms with Repair Science™ to automatically detect damage and produce a professional car repair estimate with unmatched speed and accuracy – moving the industry forward at scale.
For more information about Solera or their solutions visit: www.solera.com.
Solera is the preeminent global data intelligence and technology leader serving all constituents engaged in vehicle lifecycle management. Solera’s data-driven intelligence is unmatched, with more than one billion transactions annually, and delivers mission-critical solutions to minimize complexity and reduce friction at all touch points in the vehicle lifecycle. Solera’s solutions empower smarter decision-making through software, enriched data, proprietary algorithms, and machine learning that come together to deliver insights to our customers and accelerate business outcomes. Solera serves over 235,000 global customers and partners in more than 90 countries across six continents. By drawing on its market-leading solutions, Solera provides unsurpassed scale and strength with superior performance while delivering innovation to drive the industry forward. For more information, visit www.solera.com.