Every year, fleet and insurance companies spend over 30 billion US dollars PROCESSING car inspections and insurance claims. It is slow, labor-intensive, and expensive. We are MotionsCloud, we help car insurance, bancassurance, fleet/rental companies to automate self-inspection and claims processes. MotionsCloud uses computer vision to evaluate damages based on images, make claim settlements in 3 hours instead of 3 weeks, cut 75% of processing cost, and improve customer experience and retention rate. Using 4 modules IoT, AR, AI computer visions and video inspection.
We are unique as we automate damage evaluation through computer vision & deep learning technologies on property & vehicles as well as other damages.
– We leverage sensor data either from connected cars directly or extra IoT devices on cars as well as IoT devices that are installed in the home/building for more accurate claims evaluation, fraud prevention and automated process.
– We use Augmented reality functionality on the mobile web-based application for consumer seamless experiences. No app download, installation, and registration are necessary for consumers.
Since we started, we have had some successes. Currently, we saved on average 1.5 hours of work time per case, we are saving on average 80 USD per case on the processing and we have a users rating of 4.5 over 5 stars.
Today, We signed 22 clients in the US, Europe, and Southeast Asia with big names. Our clients are insurance companies, fleet operators, and airlines.
That’s why we are here, we are looking for partners to drive our expansion in Vietnam, to set up our market to find new potential business partners, and possibly to obtain pilot projects and increase our visibility.
Founder: LeX Tan the CEO of MotionsCloud, was born in Malaysia, and lives in Munich Germany. Studied Master of Optics & Photonics at Karlsruhe Institute of Technology, engineer. He is an internet marketer, serial entrepreneur, and insurance claims manager for over 5 years, one of the top insurtech influencers in the industry, a serial tech entrepreneur and a former P&C insurance claims manager. Representative: Nguyen Hoai Nam is AI Project manager, was born in Vietnam, studied applied Machine learning.