Insurtechs Ravin and Plnar have united to provide insurers an inspection tool for home and motor claims assessments.
Plnar’s AI-powered software transforms smartphone photos into precisely measured 3D models of interior spaces and accurately documents exterior conditions. This technology streamlines damage assessment, supports property estimate creation and subrogation workflows, reduces costs, and enhances the customer experience.
When combined with RAVIN’s AI-powered solutions for vehicle inspections, the joint offering will help P&C carriers cut down their cycle time by 50% while reducing cost and increasing customer satisfaction.
“The partnership between Plnar and RAVIN is such a natural fit for each of us, extending both of our traditional lines of business while providing a strategic added value service to our customers,” said Andy Greff, CEO of Plnar.
“We are excited to partner with Plnar, further enhancing our ability to provide our customers with the industry’s very best level of service, now covering both auto and home,” said Eliron Ekstein, Co-Founder and CEO of RAVIN.
About RAVIN AI
RAVIN AI is an international provider of automated artificial intelligence solutions for vehicle inspections serving diverse fleet, insurance, and remarketing customers around the world. Unlike other marketplace solutions, Ravin does not require its customers to purchase or install dedicated hardware but rather uses mobile and CCTV cameras. RAVIN AI was founded in 2018 by Eliron Ekstein and Roman Sandler, and has raised $30M to date from investors including KAR Global (owner of ADESA auctions, AutoVIN inspection and more), PICO Venture Partners, FM Capital, and Shell Ventures. Strategic partners include Toyota Financial. For more information, visit Ravin.ai or contact: info@ravin.ai