MotionsCloud (Germany) and Soluciones de Tecnología Móvil de Ecuador, SOLMOVSA (Ecuador) have officially started their acceleration journey to roll out their partnership.
A Story of an EU-LAC Partnership
Artificial Intelligence (AI) and Computer Vision can enable a seamless vehicle damage claim and assessment process, improving user experience and reducing significantly costs and time for the insurance industry.
To automate this process, the German startup MotionsCloud merges AI with Computer Vision to offer a mobile web solution to conduct vehicle damage assessments. This accelerates the claim process by reducing time and simplifying the process for policyholder and insurance companies.
Thanks to the EU-LAC Digital Accelerator, they will integrate their AI-powered damage assessment technology into SOLMOVSA’s platform.
A Cross-border Impact
SOLMOVSA is a prominent technological corporate in Ecuador that provides robust software solutions and has a strong regional presence. Through the EU-LAC Digital Accelerator’s matching platform, they were looking to enhance claims accuracy and operational efficiency in Latin America. With the support of the EU-LAC Digital Accelerator team, their challenge matched MotionsCloud’s expertise in AI-powered claims.
This EU-LAC Partnership will combine MotionsCloud’s expertise in Artificial Vision with SOLMOVSA’s regional experience in digitalizing insurance claim processes. Together, they will enhance claims accuracy and operational efficiency in Latin America.
The Acceleration Journey with EU-LAC Digital Accelerator
To ensure a smooth rollout of the solution in Ecuador and beyond, the partnership will benefit from a set of acceleration services provided by experts from WAYRA and TECNALIA. During their journey in EU-LAC Digital Accelerator, these experts will support the following milestones:
- Integration of MotionsCloud’s technology into SOLMOVSA’s platform
- Validation of the solution in a natural environment
- Growth of the solution in the market
