Photocert - Digital transformation in insurance claims

by Startacus Admin
Photocert - The lowdown on the InsurTech / SaaS startup that's using tech to digitally transform and revolutionise the
insurance claims industry...
How genuine a picture is can be crucial in some circumstances. In a world of online classifieds, fake online reviews, fake news, insurance claims, shipping and logistics, and online dating, knowing whether an image is genuine or has been tampered with is more important than ever. This knowledge can prevent fraud, increase peace of mind, and in some circumstances, lower customer prices. But this has been easier said than done until now. London-based Photocert is an InsurTech/SaaS startup that has emerged to tackle this very issue. Two words you’ll be familiar with by now if you have been reading our articles lately are Ethereum Blockchain, and this is what Photocert uses, along with trusted timestamping servers, to legally certify the authenticity of pictures taken with any app with Photocert’s solution integrated.
Date, time, source device, and GPS location are all authenticated in this way. This prevents fraud by guaranteeing the highest security standards.
Using insurance as the example, Photocert can improve the efficiency of the claims process by easily integrating into the provider’s app and systems and encouraging real-time First Notice of Loss (FNOL) and faster initial assessment. Together, these result in a much improved, reduced claim cycle time. Because of the trusted timestamping server, Photocert photographs can be entered as evidence in litigation, leaving no doubt as to the authenticity of the image.
As well as this, Photocert uses an artificial intelligence to extract relevant data from the photos, such as license plates, street signs, and odometers. The AI can interpret the contents in the image in order to automate administrative processes.
Gauging the authenticity of an image is increasingly important these days, and we think that any software that makes that process quick, easy, and painless is going to go a long way.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 30th September 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.