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Ratings and Reviews 0 Ratings
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What is Shift Subrogation?
Shift Subrogation is an innovative software-as-a-service (SaaS) platform powered by artificial intelligence that independently identifies, assesses, and highlights potential subrogation recovery opportunities for insurance companies, particularly within the Property & Casualty (P&C) industry. By merging structured data such as policy details and claims with unstructured text, including loss descriptions and comments from adjusters, the system utilizes generative AI along with a range of analytical models to determine liability, apply relevant state laws and negligence principles, and examine exposures while factoring in statute limitations and jurisdictional regulations, as well as referencing external sources like product recalls. It generates alerts that come with scores and detailed explanations for each recovery opportunity, enabling claims handlers to grasp not only which cases are worth pursuing but also the rationale behind each suggestion. The platform also features continuous monitoring of claims, adapting alerts as new information emerges or as assessments of recoverability evolve over time. This ongoing vigilance helps insurance firms stay informed and take proactive steps in their recovery strategies, ultimately enhancing their operational efficiency in managing subrogation claims. Consequently, the integration of advanced technology ensures that these companies are equipped with the insights needed to maximize their recovery potential effectively.
What is Multimodal?
Multimodal focuses on developing and overseeing secure, integrated, and tailored AI automation solutions that cater to complex workflows in the financial industry. Our powerful AI agents utilize proprietary data to improve precision and work collaboratively as your digital workforce. These sophisticated agents are adept at handling a range of tasks including the processing of diverse documents, querying databases, operating chatbots, making informed decisions, and producing detailed reports. They are proficient in automating entire workflows and have the capacity for self-learning, which allows them to continually improve their effectiveness. The Unstructured AI component serves as an Extract, Transform, Load (ETL) layer, skillfully managing intricate, unstructured documents for applications such as RAG and other AI-related functions. Our Document AI is carefully trained on your specific schema to effectively extract, categorize, and organize data from a variety of sources such as loan applications, claims, and PDF reports. Moreover, our Conversational AI acts as a specialized in-house chatbot, making use of unstructured internal data to provide robust support to both customers and employees alike. In addition to these capabilities, Database AI connects with company databases to address inquiries, analyze data sets, and generate valuable insights that aid in decision-making processes. Through this extensive range of AI functionalities, we strive to optimize operations and improve productivity across multiple financial services, ensuring that our clients remain competitive in a rapidly evolving landscape. Furthermore, our commitment to innovation guarantees that we stay ahead of industry trends, continually enhancing our offerings to meet emerging challenges.
Integrations Supported
Airtable
Databricks
GitHub
GitLab
Plaid
Salesforce
Stripe
Integrations Supported
Airtable
Databricks
GitHub
GitLab
Plaid
Salesforce
Stripe
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Shift Technology
Date Founded
2013
Company Location
France
Company Website
www.shift-technology.com/products/subrogation
Company Facts
Organization Name
Multimodal
Date Founded
2022
Company Location
United States
Company Website
www.multimodal.dev/