FinTech / InsurTech

MotionsCloud

Claims Automation Engine for car and home insurance powered by AI computer vision

  • Date 2016
  • Stage of Funding Pre-A Round
  • Location Germany
  • Segment SaaS, AI, Computer Vision Technology
  • Founder Lex Tan, Pablo Vu
  • Website https://motionscloud.com/

MotionsCloud helps property and vehicle insurers to streamline and automate claims processes through mobile self-service, artificial intelligence (AI computer vision technologies) damage evaluation, and live video inspection technologies modules which can plug into existing claims systems. The solution reduces claims cycle time from days to hours, reduces claims processing cost up to 75%, and improves the customer claims experience Currently, MotionsCloud is serving clients in the US, Europe and Southeast Asia.