Bdeo: Using video intelligence to automate, speed up insurance claims handling and payouts

Spain

5 min read

Oct 22, 2019

By Emanuela Ferraro

The Bdeo core team, with CTO Manuel Moreno (1st left), CEO Julio Pernía and COO Ruth Puente (1st right) © CompassList

Insurtech SaaS Bdeo lets insurers process 70% of motor and property claims without human staff; targets Series A close by year-end

Most of the premiums in property & casualty insurance go toward paying for claims handling and indemnity, reaching up to even 80% in the UK. Spanish insurtech startup Bdeo is slashing such costs, by automating the claims process through a combination of video streaming and AI, and speeding up the process by up to 80%, it says.
The result is remote assistance for motor and property insurance claims through a visual intelligence engine that provides video evidence of the damages, reducing fraud too.
Founded two years ago by two insurance business veterans, J...

The rest of the content is only available if you are logged in.

DATABASE

INSIGHTS

RESEARCH & ANALYSIS

FOLLOW US