Audatex Solutions - For Hassle-Free Insurance Settlements
Settling insurance claims can be a long and messy affair; especially in India where the insurance industry has not witnessed much in technological advancement. This is specially the case in motor insurance settlement where most processes are manual, mainly due to low labour cost. Further, the process of assessment of damage to a vehicle also remains a manual process which could easily result in miscalculations, leakages as well as corruption. Audatex Solutions Pvt. Ltd., a part of Solera group of companies, has changed the equation between the manufacturers, dealers, insurance providers and customers. Audatex is a software which is enables an easy, accurate and transparent vehicle damage assessment process for all stakeholders with an enhanced customer experience. It brings full transparency in the process, thus simplifying settlement process, eliminating leakages and corruption at the same time.
AudaMobile is a mobile application of Audatex platform that works both on iOS and Android platform. Gautam Prasad, Managing Director of Audatex Solutions says, “It has complete information of parts, repair timings, repair methods and painting data provided by the vehicle manufacturer.” AudaMobile enables the creation of a precise estimate of vehicle damage with full accuracy and also provides the user a quick graphical interface of the layout of the vehicle with all the parts. It automatically connects to a Cloud based server and downloads all required data (Part Number, Part Price, Repair Time Schedule, Paint Material, Paint Labour) of vehicle being assessed. For some manufacturers, AudaMobile also has the ability to identify the exact vehicle specification using the VIN number. Once the damage is selected, it identifies precisely all the operations that has to take place in order to repair that particular damage.
After the assessment, it immediately provides all the required information in an easy to understand comprehensive report. The application also enables repairers to electronically share the complete assessment with another organization (e.g. insurance company) immediately for quick approval.
For the repairers, Audatex provides easy graphical interface method to create an assessment of damages to the vehicle, fast and accurate estimate of damage with scientific data from OEMs. With Audatex, estimate preparation will not require time from parts managers, technicians or other experts to create accurate estimates. An estimate can be created in 5 minutes which could take over 5 hours or few days if done manually. The technology also has the ability to send estimates electronically to insurance companies for the possibility to electronically assess the damage. From the beginning of the claims process Audatex guarantees accurate estimation with reduced negotiations between repairers, insurers as well as to the car owners and much faster TAT. With reduced TAT, the car gets back faster from the workshop/repairer. It provides consistent results throughout the process.
In a nation where more than 50 lakhs motor claims are settled each year, Audatex Solutions Pvt. Ltd. happens to be a key player in the field of automobile insurance claims settlement industry. With the objective to tie up with all major OEM manufactures and insurance companies, Audatex seeks to transform this industry into a transparent, fast and corruption free industry.
Audatex is a software which is enables an easy, accurate and transparent vehicle damage assessment process for all stakeholders with an enhanced customer experience.
For the repairers, Audatex provides easy graphical interface method to create an assessment of damages to the vehicle, fast and accurate estimate of damage with scientific data from OEMs. With Audatex, estimate preparation will not require time from parts managers, technicians or other experts to create accurate estimates. An estimate can be created in 5 minutes which could take over 5 hours or few days if done manually. The technology also has the ability to send estimates electronically to insurance companies for the possibility to electronically assess the damage. From the beginning of the claims process Audatex guarantees accurate estimation with reduced negotiations between repairers, insurers as well as to the car owners and much faster TAT. With reduced TAT, the car gets back faster from the workshop/repairer. It provides consistent results throughout the process.
In a nation where more than 50 lakhs motor claims are settled each year, Audatex Solutions Pvt. Ltd. happens to be a key player in the field of automobile insurance claims settlement industry. With the objective to tie up with all major OEM manufactures and insurance companies, Audatex seeks to transform this industry into a transparent, fast and corruption free industry.
