Claim Genius’s AI technology is also driving efficiencies into the Recycling, Salvage & Lease industries. Our advanced solutions help auction companies improve the accuracy and speed of salvage bids and parts grading, recyclers with parts resale and pricing, and leasing firms with an instant inspection system that reduces vehicle inspection time. Mid-lease inspection provisions, implemented through our AI salvage solutions, help identify damages incurred early on.
Our goal is to reform recycling using cutting-edge AI technology.
GeniusSALVAGE
Claim Genius’s recommended salvage bid solution for auction yards
- Leverages the Genius AI Engine to allow auction companies to help carriers set minimum salvage bids
- Increases asset value and enhances hold or sell decisions.
- Predictive salvage value can work in connection with an insurers early tow program to more accurately facilitate the correct movement of the vehicle from the scene of the accident.
- Available mid 2020
GeniusRECYCLE
Claim Genius’s instant bidding system for recyclers
- Leverages the Genius AI Engine to provide recyclers with tools to quick and accurately assess damaged vehicles and potentially resalable parts
- Includes bidding application that can be integrated into recycler management systems to produce personalized predictive salvage values of vehicles
- Automated parts grading and condition assessment can often eliminate recycler’s inspection, dismantling and inventory process, reducing administrative time and costs
- Available mid 2020
GeniusLEASE
Claim Genius’s instant inspection tool system for leasing firms
- Provides an easy and instant inspection system
- Uses Genius AI engine for providing lease claims initiated by rental and leasing companies needing instant pre- and post-inspections, with line-by-line damage estimates
- Available mid 2020