Touchless claims serves as a prime example of a metaverse sector that could benefit from 5D virtualization. Touchless claims serves as a prime example of a metaverse sector that could benefit from 5D virtualization. (Photo: Gorodenkoff/Adobe Stock)

Insurance technology is constantly evolving and Scott Ackerson, CEO of Quidient, predicts that a new artificial intelligence (AI) domain called “5D virtualization,” used in combination with AI estimatics, will automate scope of loss assessment once and for all.

Virtualization is the process of digitally twinning real-world content, according to Quidient’s marketing and communications manager, Stara Diamond. “Virtualization can be manual or automatic,” Diamond explained. “Digital artists perform virtualization manually using 3D modeling. However, to be touchless, virtualization must be automatic.”

The touchless claims process.

True touchless requirements can be demanding and include:

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.