RAVIN and ROLLiN' Form Strategic Alliance to Enhance Claims for Australian Drivers
RAVIN AI, renowned for its advanced AI-driven vehicle inspection technology, has entered into a transformative partnership with ROLLiN', a dynamic contender in Australia's digital car insurance sector. This collaboration is aimed at redefining the post-collision vehicle claims process by ushering in a new era of efficiency and customer-centric service.
A New Age for Claims Processing
At the heart of this initiative lies RAVIN's proprietary technology, which leverages a colossal dataset of real vehicle images to provide accurate damage assessments. By utilizing artificial intelligence, the system swiftly analyzes photos submitted either by vehicle owners or tow truck drivers, delivering real-time evaluations on whether a vehicle can be repaired or is a total loss. Additionally, it generates automated repair estimates that expedite the claims decision-making process.
For ROLLiN' customers, this means a significant reduction in wait times from the initial report of loss to the final settlement, resulting in an overall smoother experience during what is often a stressful time.
Transforming the Insurance Experience
Incorporating RAVIN's technology into its operational workflow, ROLLiN' has set ambitious goals to drastically reduce the typical processing time for claims. Early implementations of RAVIN's tech have shown promise, with reports indicating a 50% reduction in average claim cycle durations. Notably, this advancement has also minimized the need for customers to rely on hire vehicles, which was a common pain point in the claims process.
Brendan Griffiths, the Executive Manager of ROLLiN', expressed enthusiasm about the partnership, noting it aligns seamlessly with ROLLiN's commitment to providing smart insurance solutions that resonate with a younger, tech-savvy demographic. He highlighted that most of ROLLiN's clients prefer lodge claims via online means. The partnership allows these customers to capture damage images themselves, facilitating RAVIN's AI technology in generating comprehensive condition reports that support repair decisions effectively. This innovation will ultimately aid in getting customers back on the road without unnecessary delays.
Commitment to Innovation
Eliron Ekstein, Co-Founder and CEO of RAVIN, shared his excitement about the collaboration, stating it represents a natural progression following their successful trials with IAG, further emphasizing the shared vision towards innovation in the insurance sector. He noted RAVIN's aim to enhance the claims experience across Australia significantly.
Since its inception in 2021, ROLLiN' has significantly disrupted the traditional car insurance landscape in Australia. With its flexible month-to-month policies free from lengthy contracts and cancellation fees, ROLLiN' has positioned itself as a viable option for drivers seeking affordable yet comprehensive coverage. Their car insurance policies encompass essential features that matter most at the time of a claim, thus avoiding any compromises in service quality those seeking value expect.
Backed by IAG, one of Australia’s most trusted insurance providers, ROLLiN’ benefits from access to an extensive repair network that ensures timely and reliable service for policyholders when they need it the most. By integrating RAVIN's advanced AI solutions, ROLLiN’ is poised to further its mission of delivering smarter, adaptable insurance solutions that cater to contemporary consumer lifestyles.
About RAVIN AI
Founded in 2018, RAVIN AI has pioneered automated solutions for vehicle inspections, supporting clients within the insurance, fleet management, and automotive sectors on a global scale. The company's unique model utilizes everyday mobile devices and CCTV cameras, removing the necessity of specialized inspection hardware. With a backing of $30M from various investors and partnerships with notable organizations like Toyota Financial, RAVIN AI is making substantial inroads in the industry.
About ROLLiN'
ROLLiN' appeals to Australian drivers looking for a novel insurance approach, providing fully digital services without lock-in contracts. Being part of the IAG group allows ROLLiN' to leverage the strength of an established insurance provider, focusing on delivering modern, flexible, and user-friendly insurance experiences.
For more information on RAVIN AI, visit
RAVIN.ai or contact
[email protected]. Learn more about ROLLiN' at
rollininsurance.com.au.