AutoData Middle East launches next-gen intelligence suite to transform the region's auto insurance and used car markets
The company has launched a next-generation suite of AI-powered intelligence tools designed to improve pricing accuracy, enhance risk evaluation, prevent fraud, and boost profitability across the used car and insurance ecosystem. Built on precision, transparency, and deep regional expertise, AutoData's AI-powered tools offer a smarter way forward. They address major blind spots caused by inconsistent underwriting and gaps in data quality at a critical time when deductibles have soared and coverage is increasingly difficult to access.
The new suite, including the AI Valuation Engine, Risk Coefficient, Claim Hub, and Deal Revs - a unified intelligence infrastructure built to help insurers, dealerships, and marketplaces make faster, more informed decisions across the GCC.
'You cannot make strong decisions with partial information - yet that is how much of the industry still operates,' said Sebastian Fuchs, Managing Director of AutoData Middle East. 'Over the years, we have seen how a lack of data precision leads to loss, inefficiency, and risk across insurance, trade, and valuation. This suite is the result of years of market observation and product innovation, built specifically for the GCC. It gives our partners the visibility, speed, and accuracy they need to lead in a fast-evolving market, while raising the standard of transparency for the entire ecosystem.'
The AI Valuation Engine: Real-Time Pricing Built for the GCC
Built for the GCC, the AI Valuation Engine delivers real-time used car pricing with unmatched accuracy. Trained on more than 100 million data points, from both live and historical transactions, it reflects real market behaviour and updates every two weeks. Insurers, marketplaces, and dealerships use it to price vehicles with confidence and consistency.
Risk Coefficient: Revolutionising Risk-Based Insurance Underwriting
Traditional pricing models often overlook critical risk factors. Risk Coefficient brings a new standard to underwriting by analysing over 50 vehicle attributes, including safety features, power-to-weight ratios, and real-time depreciation data. It is especially effective in closing pricing gaps for electric and grey-import vehicles, where traditional models often fall short. By addressing mileage blind underwriting losses, Risk Coefficient helps insurers reduce exposure, improve pricing accuracy, and offer fairer, data-driven premiums across all vehicle risk profiles.
Claim Hub: The UAE's Total Loss Intelligence Engine
Claim Hub enables insurance providers to securely exchange real-time data on total loss vehicles through seamless API integration. By connecting to critical UAE sources such as Emirates Vehicle Gate and the Dubai Traffic Accidents Database, Claim Hub supports fraud prevention, streamlines claims processing, and ensures regulatory compliance. Claim Hub gives insurers deeper visibility into total loss activity and helps strengthen portfolio performance through real-time data sharing, collaboration, and regulatory transparency.
DealRevs: Unlocking Profit in the Used Car Market
DealRevs empowers dealerships to unlock margin, streamline trade-ins, and optimise inventory decisions in a rapidly growing used car market. Through features like dynamic pricing, in-house auction integration, and marketplace syndication, DealRevs supports faster turnover, improved trade-in accuracy, and reduced holding costs. For mid-size dealerships, the platform can deliver profitability gains of over AED 1.5 million annually.
A Vision Rooted in Innovation
Since 2006, AutoData Middle East has expanded its data network, built strategic integrations with partners like JATO and CARFAX, and led market-specific innovation in VIN decoding, fraud prevention, AI modelling, and insurance underwriting.
With the launch of this new intelligence suite, AutoData Middle East is advancing its mission to build a more transparent, connected, and data-driven automotive ecosystem across the region. As insurers, fleet operators, and digital platforms navigate rapid shifts in mobility and risk, AutoData is committed to delivering the insight and technology needed to lead the future, not just adapt to it.
Learn more about DealRevs, AutoData Middle East's profitability platform for used car dealerships, designed to optimise trade-ins, inventory, and resale strategy: www.dealrevs.com
-Ends-
MEDIA CONTACT | SOAR PR (www.soar-pr.com)
Honour Chokote | honour@soar-pr.com
Noha Ahmed | noha@soar-pr.com
About AutoData Middle East
AutoData Middle East, a subsidiary of World Automotive Group, is the leading automotive data solutions provider in the Gulf Cooperative Council (GCC) region. Headquartered in the UAE, AutoData ME is a pioneering force in automotive policy issuance and claims management and is dedicated to empowering professionals and facilitating informed decision-making. The leading automotive data solutions provider instils confidence in its partners and the automotive market, fostering trust through innovative solutions.
Launched in the region in 2010, and currently operating across the GCC, AutoData Middle East provides comprehensive vehicle history reports in the UAE, KSA, Kuwait, Oman, Qatar, and Bahrain. The company is part of the Skelmore Group, which boasts over 35 years of experience in the Middle Eastern and North American automotive business, positioning it as a leading provider of accurate and detailed vehicle information. AutoData Middle East offers a comprehensive suite of B2B and B2C services, including insurance advising, financing, buy and trade-in price advising, buying and selling platform tools, and more, resulting in the leading automotive data solutions provider attaining the AI-based Estimating Solutions Provider Award at the InsureTek Golden Shield Excellence Awards 2024.
In May 2024, AutoData Middle East partnered with CARFAX, leveraging extensive data from over 100,000 sources across 22 markets in the US, Canada, and Europe. Driven by a commitment to excellence, its data-driven solutions empower confident decision-making in insurance pricing, vehicle transactions, and dealership operations, enhancing transparency and confidence across the automotive landscape. Grounded in accountability, data-driven decision-making, and clarity of communication, the company continuously seeks to innovate and shape the future of mobility.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The National
3 minutes ago
- The National
AI chip smuggling 'gets more airtime than it should', White House official says
The idea of high-performance AI chips being smuggled into potentially nefarious hands gets more attention than it should, a White House official has said. Michael Kratsios, who serves as director for the Trump administration's Office of Science and Technology Policy, said on Wednesday that there are a lot of misconceptions and misguided fears about the 'physical diffusion' of artificial intelligence technology developed by the US. 'We're not talking about like a bag of diamonds or something,' he said during a discussion at the Centre for Strategic and International Studies think tank about Mr Trump's recently announced AI Action Plan. Some politicians have expressed concerns about the potential for recently announced US AI partnerships overseas to be exploited by countries like China to try to acquire powerful American-made technology. 'These are like massive racks that are tonnes in weight and you're not going to put it on a forklift or back it into a truck, or something," he explained, adding that the idea of chip smuggling "probably gets more airtime than it should." Mr Kratsios also said the hypothetical scenario of the US partnerships with other countries leading to the misuse of data centres by countries like China for 'training runs' to access the centres was overblown. 'What you're most worried about is large-scale runs that are for training sophisticated models and those are actually pretty easy to flag,' he said, adding that the US will make sure to implement what's known in IT circles as Know Your Customer policies to prevent bad actors from gaining access to data centres powered by US technology. Mr Kratsios said that Mr Trump's predecessor, Joe Biden, put too many chip export restrictions on allies, and that the export of US technology to countries with peaceful AI aspirations was critical to an overall AI strategy. During Mr Trump's visit to the Gulf in May, he announced the US-UAE AI Acceleration Partnership framework that will eventually lead to the construction of a 5GW UAE-US AI Campus in Abu Dhabi. 'The [Biden administration] limits made no sense at all,' he said, referring to President Biden's policies aimed at limiting the powerful CPUs and GPUs available to certain countries. Those policies were largely aimed at preventing the diffusion of US technology to China. It proved controversial, with companies like Microsoft and Nvidia claiming the policies hurt US efforts more than helping. Some US AI companies like Anthropic, however, have sought to keep the export controls. 'In some cases, smugglers have employed creative methods to circumvent export controls, including hiding processors in prosthetic baby bumps and packing GPUs [graphics processing units] alongside live lobsters,' read an April policy letter from Anthropic. That letter later came under criticism over what some called the oversimplification of how AI data centres work. Regardless, in keeping with that theme of reversing the Biden export policy, the Trump White House recently announced plans that would allow for Nvidia to resume sales of its H20 graphics processing unit to China. That decision, however, has come under criticism from several technology analysts and politicians. A group of Democratic senators this week sent a letter to Commerce Secretary Howard Lutnick urging him to reverse course. At the CSIS event, Mr Kratsios said the concerns from Democratic senators were oversimplified, adding that the H20 was designed to comply with US concerns about giving China too much computing power, among other things. 'It's not a free-for-all sale,' he said, referring to White House's H20 announcement. 'Any sale that Nvidia wants to make to China is one that's going to require an export licence.' Mr Kratsios added that the Commerce Department's Bureau of Industry and Security would be evaluating each of those licence applications and 'weight the costs' before giving Nvidia approval.
The National
an hour ago
- The National
Money & Me: ‘Starting a company helped me attain financial independence'
Deepika Nahata became an entrepreneur when she identified a pain point for many working households: doing the laundry. Partnering with a close relative, she launched WashOn Laundry as a family business in Dubai just before the Covid-19 pandemic. The company caters to individuals and businesses such as hotels, salons and gyms, and offers additional services such as shoe cleaning, bag restoration, cleaning of carpets, curtains and sofas. She credits running the business for five years with giving her financial independence and more autonomy in taking decisions on money matters. 'We initially thought we had taken the wrong decision, but consistency and attention to customers' requirements are the only secret to success,' says Ms Nahata, 36, who is from the north-eastern Indian state of Assam. WashOn, which is based in Dubai Investment Park, has now grown to 100 employees. Ms Nahata has been living in Dubai for the past 10 years and currently lives in Murooj Al Furjan with her husband, who is a software engineer, two sons aged 10 and 2, and her in-laws. She is a commerce graduate and holds a chartered accountant internship. Did wealth feature in your childhood? What did you learn from it? I was raised as a saver. Whenever I asked for pocket money, my mother would advise me to separate my needs from my wants. I didn't realise it then, but that simple lesson has changed the way I think about money. The habit of saving has helped me tide over emergencies. Saving and reinvesting our profits back into the laundry business have helped us to enhance our way of working by updating equipment and expanding our service offering. I only choose to spend on things that add value and offer me something in return. How did you first earn? The first income I earned was for my CA internship, making 5,000 Indian rupees ($57.8) per month in 2012. Following the internship, my employer shifted me to a full-time role on a monthly pay of 20,000 rupees. Any early financial jolts? I remember one time when I had started working in India and my parents travelled out of town. The washing machine in my house broke down and I had no money to pay the technician. I had to borrow money from my neighbour. That was a wake-up call because I had no savings and was spending all my income going out with friends. How do you grow your wealth? Through reinvesting profits back into my business. I am a smart spender and only invest in things that add value. I don't spend lavishly on parties or luxuries, instead I'm focused on doing things that add value to my working life. Have you been wise with money? Yes, it's been five years since we founded WashOn. The time, care and effort we have put into growing it are paying us back, not just in terms of revenue but also in terms of the experience and lessons from running the business. What has been your best investment? Building our business. We started the venture from scratch. But now we are able to provide employment to 100 people and sustain their livelihoods. That gives us pride and joy. Any cherished purchases? Only the new equipment that we have purchased to improve efficiencies and add value to our laundry business. Any financial advice for your younger self? Don't wait to be financially ready. Whenever you feel like starting a business or doing something on your own, start small but at least make a start. When my co-founder and I decided to start the business, we had a lot of doubts, but we didn't want to be financially dependent on someone else. There were many financial challenges as well and the prospect of taking risk. I am quite risk averse. But we decided to take the plunge. As it's a family business and we didn't want to take on loans, we tapped into family savings. We started with five to six employees and today we have more than 100 workers and there's been a huge increase in our business revenue. Any key financial milestones? Running the business has helped us gain financial independence and also given us decision-making powers. Earlier, we had to take our husbands' consent on important financial matters. Now, my co-founder and I are financially savvy and take crucial decisions ourselves. What luxuries are important to you? Spending quality time with family. What are your financial goals? I want to grow WashOn to a level where we can provide our services all over the UAE. Currently, we are focused on Dubai only.
Gulf Today
an hour ago
- Gulf Today
ADFD attends opening of Jordan Digital Health Centre
In the presence of His Royal Highness Prince Al Hussein Bin Abdullah II, Crown Prince of the Hashemite Kingdom of Jordan, Abu Dhabi Fund for Development (ADFD), represented by Mohammed Saif Al Suwaidi, Director General, participated in the official inauguration of the Jordan Digital Health Centre, a pioneering virtual hospital initiative. This initiative is part of the UAE's broader grant, managed by ADFD, to enhance development projects aligned with Jordan's Economic Modernisation Vision 2023-2025, with a total funding of Dhs1.5 billion. These projects further contribute to Jordan's National Council for Future Technology agenda and reinforce the UAE's ongoing commitment to driving strategic development partnerships in the region. The Jordan Digital Health Centre aims to connect healthcare centres and create an integrated electronic medical records management system through a unified digital platform, to enhance Jordan's healthcare sector in delivering remote care services aligned with international standards. Executed through the support of UAE-based company 'Presight,' a leader in advanced technology and AI-driven digital solutions, in collaboration with Jordan's Ministry of Digital Economy and Entrepreneurship, this centre marks a strategic milestone in enhancing Jordan's digital health infrastructure. During the ceremony, Prince Al Hussein extended his appreciation to the UAE's leadership, President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. He emphasised that this initiative underscores the enduring strategic ties between the two nations and their commitment to advancing sustainable development and economic integration across key sectors. He also praised ADFD's key role in supporting transformative development initiatives, as the Jordan Digital Health Centre serves as a model of cross-border institutional collaboration. WAM
