HERE, a location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we enable our customers to achieve better results - at one end of the spectrum by helping a city manage its infrastructure or a business optimise its assets, or at the other by guiding drivers safely to their destinations.
MotionsCloud is a Munich-based insurtech company that helps property and motor insurers streamline and automate claims processes using computer vision technologies. With AI computer vision technologies and user-friendly interfaces for policyholders, MotionsCloud assesses vehicle and home damage based on images sent by the end user, generating an assessment of damage severity, treatment and possibly estimated costs. MotionsCloud reduces claims processing time to 3 hours instead of 3 weeks, lowers claims processing costs by up to 75% and improves the customer experience during claims processing. The company currently serves a number of clients in Germany, the Netherlands, Austria, Italy, the USA and South East Asia. Key performance indicators: average saving of 1.5 hrs and 80 EUR per claim, policyholder rating of 4.5/5.0.