ILC ARTICLE

Verisk announces GT Motive collaboration

17th March 2022

Verisk and GT Motive have announced a new technology partnership that will streamline workflows, accelerate claims decisions and reduce manual input.

As part of the collaboration, Verisk will integrate its IVI motor repair pricing and triaging solution with GT Motive’s claims calculator.

This is expected to provide rapid assessment of potential total loss and repair costs by allowing the GT Estimate calculation module to be accessed directly from within the Verisk IVI application

Andreas Bleschkowski, Executive Director GT Motive Deutschland, said, “This combination of GT Motive and Verisk IVI is great news for claims experts in the UK and Germany, and in the wider European insurance market, bringing powerful new capabilities to support motor claims. Our solutions are accurate, fast, cost-effective and future-proof, and this latest development will provide real process optimisation for claims management.”

Matt Thorby, Verisk Head of Motor, EU Claims, said, “The new integration with GT Estimate can help provide a marked improvement to initial repair cost estimation and aid expert decision-making – saving time and eliminating errors. The integration is a significant milestone for Verisk in Britain and mainland Europe, and we look forward to exploring how to further strengthen this collaboration to support the European insurance market.”