Specialist in automobile financing in France, CGI Finance equips itself with new technologies. The company thus formalizes a partnership with Tchek, a publisher founded in 2016 designing its own imaging and AI solutions.
Its artificial intelligence product Tchek Inspection will “soon” integrate CGI Finance’s new mobile application for individuals and automotive professionals.
Computer vision at the service of dealers
Thanks to computer vision, the application makes it possible to carry out “a precise inventory of the bodywork of a vehicle”. The report generated by Tchek Inspection is stored in the funder’s mobile application.
Tchek thus fulfills the function of “trusted third party between users”. For CGI Finance, the launch of the Occazio smartphone application should enable it to develop its activity on the second-hand market with dealers.
“It is with this objective that we are soon launching Occazio, an innovative mobile application which integrates the best of technology to facilitate the exploitation of Sales, Trade-in or Cash Purchase leads”, comments François-Xavier Lammens, head of the agency. digital CGI Finance.
The uses of artificial intelligence in the automotive world have multiplied in recent years, and in particular to speed up the insurance compensation process.
AI also in car insurance and reconditioning
The latest version of Axa France’s mobile application uses the phone’s camera to assess the costs of an automobile accident and offer compensation. The insurer takes advantage of the technology of the start-up Tractable.
Insurtech has clients all over the world, including Ageas UK, the British subsidiary of the Ageas group. Other start-ups are positioned in this same segment, such as the French Monk.
In 2021, Monk joined forces with another insurtech, Shift Technology. Both partners are combining their AI solutions. This cohabitation allows the automation of the insurer’s decisions after a visual inspection and a quantification of the claim by the AI.
Second-hand car specialists, such as Aramis Auto, are also deciding to design their own computer vision AI models. Its workshops are equipped with gantries.
These make it possible to capture and then analyze the image of a vehicle in 3D. The images are subjected to an AI system of automatic recognition of body defects. A plus for expertise and reconditioning tasks.