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