UVeye partners with Acadia Insurance
UVeye, creator of the AI-driven automated vehicle inspection platform, announced a strategic collaboration with Acadia Insurance, a Berkley company.
As part of the partnership, Acadia will be able to use UVeye’s vehicle damage reports to create insurance estimates.
Founded in 2016, UVeye’s drive-thru systems leverage computer vision to conduct assessments of vehicle damage with an “unprecedented level of precision and granularity.”
The startup raised nearly $200 million in funding and W.R. Berkley is an investor. UVeye has partnerships with GM, Volvo, and CarMax and its system is available in more than 200 dealerships in the US. Acadia will initially leverage UVeye’s solution in Connecticut and NY.
“Insurance has long been characterized by traditional, manual processes, but this boost of computer vision gives us a glimpse into the future. We’re proud to work with UVeye to pioneer this transformative AI-driven approach, introducing a new standard in insurance claims management, one that prioritizes accuracy, efficiency, safety and ultimately, customer satisfaction. It’s a win-win for both the insurer and the insured.” – Keith Gleason, Chief Claims Officer at Acadia Insurance.
“We’re thrilled to be working with Acadia to pioneer a new era of claims processing powered by AI. Together, we are rewriting the rules of insurance claims management. Drivers will be amazed how simple, accurate and trustworthy the claims process is about to become, making car scrape-ups that much less painful.” – Amir Hever, CEO and Co-Founder of UVeye.
