Insurance Technology Featured Article

Progressive Insurance Announces Mitek-Powered Mobile Photo Quoting Technology

February 03, 2012

Mitek Systems (News - Alert), Inc., a provider of mobile imaging solutions, recently announced a suite of solutions that facilitate property and casualty insurers to offer easy and convenient mobile services across the sales, service and support functions. Image Capture, a mobile photo quoting solution, is one among them.

Now, Progressive Insurance, a firm offering insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes, has started utilizing Mitek’s Mobile Photo Quoting solution, quoted a press release.

Mitek's Mobile Photo Quoting technology helps drivers quote and buy auto insurance using their mobile devices, such as smartphones and tablets. The application leverages cameras on mobile devices to automate the shopping and buying process for auto insurance.

By making use of the company’s mobile application that is available for download in the Apple (News - Alert) App Store, consumer can enter their zip code, take a picture of their driver's license, Vehicle Identification Number or existing insurance ID card, and get a car insurance quote in a very less time.

Precisely, the mobile photo quoting technology -- Image Capture -- simplifies the insurance quoting and buying process by using a smartphone camera and the existing Progressive app. The technology automatically extracts relevant information from the documents and auto-populates the fields in Progressive's mobile quoting app. The user submits the application after the confirmation.

After receiving the confirmation, the user will receive an auto insurance quote with the option to buy.

Eliminating the need for data entry on small keypads and automate tasks, the app developed for Image Capture scans the image for information such as name and address, and auto-populates the necessary information to get an auto insurance quote. The user confirms that the information is correct, and receives an auto insurance quote in minutes, with the option to buy the policy.

The Image Capture is initially being rolled-out to 15 states in this month. Additional states will be added throughout 2012, said officials with Progressive Insurance.

“We introduced Image Capture with the goal of simplifying the process of getting an auto insurance quote,” said Matt Lehman, mobile business leader for Progressive, in a statement. “The new technology gives consumers another way to get insurance by using items most people have in their pocket or purse – a smartphone and a driver’s license.”


Jayashree Adkoli is a contributing editor for TMCnet. To read more of Jayashree's articles, please visit her columnist page.

Edited by Rich Steeves

Article comments powered by Disqus

Related Insurance Technology Articles

Mercury Insurance Selects OnBase for Process Automation and Paperless Workflow

One of the greatest benefits of digital technology is it allows businesses to eliminate processes and methodologies that in the past slowed growth and made up a considerable percentage of the overall operational cost of the organization. While paper has served civilization very well, and still continues to do so to this day, for large organizations it is a technology that can be described as slowing down the workflow of a company to a tortoise pace compared to digital solutions. [ Read More ]
10/30/2014

Insurance Industry Focusing More on Customer Satisfaction

Like any other industry, customer satisfaction matters a great deal in the insurance sector. Various studies conducted have proven beyond any doubt that a satisfied customer is the best advertisement for an insurance company. [ Read More ]
10/29/2014

Parents Choose Doctors for Children Based on Online Ratings

New research recently published in the Pediatrics journal shows that the online reputation of a healthcare provider may be just as important or even more so as its real-life one. [ Read More ]
10/28/2014

Auto Insurance Telematics Poised for Explosive Growth

Smart cars are getting smarter and have become foundational elements of our increasingly connected world. The data they generate pertaining to things like driver habits, the car condition and adherence to maintenance best practices, where the car is driven, where it calls home, etc. are all critical in determining insurance premiums. In fact, they are what will enable insurers the ability to reward customers who are good drivers and good owners while charging higher rates for those who are less … [ Read More ]
10/23/2014
FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!