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Transparency · PN RIC 2021-2027

Project co-financed by the European Union

Development of an artificial intelligence platform to combat fraud in motor liability (RC Auto) claims

Visada S.r.l. is carrying out a business plan aimed at developing an artificial intelligence platform to combat fraud in the motor liability insurance line. The project applies computer vision techniques and automatic analysis of claim documentation to identify inconsistencies and fraudulent patterns, reducing assessment times and increasing the accuracy of checks in support of insurance companies.

Logos: European Union, Italian Ministry of Enterprises and Made in Italy, PN RIC 2021-2027, Invitalia, Smart&Start Italia

Project objectives

What we aim to achieve

  • Build and put into operation the fraud detection platform for motor liability claims.
  • Strengthen Visada’s research and development capacity in AI and computer vision technologies.
  • Create new qualified jobs and consolidate the company’s growth.

Expected results

What changes

  • Automation of the analysis of claims and their photographic documents.
  • Greater effectiveness in fraud identification and shorter processing times.
  • Skills development and hiring of specialized technical staff.

Operation details

Beneficiary
Visada S.r.l. — Matera, Basilicata
Support instrument
Smart&Start Italia, Ministerial Decree of 24 September 2014 as amended, managed by Invitalia
Programme
National Programme for Research, Innovation and Competitiveness for the green and digital transition 2021-2027 — PN RIC — Specific objective 1.3, Action 1.3.2
CUP
C16I25001130008
Total project cost
€ 444,440.00
Grant awarded
€ 355,552.00, zero-interest subsidised loan, of which € 91,125.60 non-repayable, equal to 80% of eligible expenses