Solvd

End-to-end digital claims and repair management for motor insurers worldwide

Claims Technology Enterprise PE-Backed

Overview

Solvd Group is a claims and repair management solutions provider for motor insurance companies, fleet and leasing companies, and automotive OEMs. Formed in 2023 through the consolidation of ControlExpert, GT Motive, Innovation Group, and SSV Schadenschutzverband GmbH, the company is backed by Allianz Group and operates across 46 countries and five continents.

The company delivers an end-to-end digital platform for motor claims processing and repair management, combining automated image recognition, computer vision for vehicle damage assessment, large language model integrations, and AI-powered fraud detection. The platform handles the full claims settlement workflow from first notice of loss through repair coordination and invoice verification, with integrations into major insurance management systems including Guidewire and Duck Creek.

Solvd processes more than 18 million appraisals, cost estimates, invoices, and maintenance documents annually across 130+ insurance company clients. The company operates over 150 AI-supported products and processes and expanded its physical repair capabilities through the acquisition of PDR-Team / Careoss Group in March 2026.

Products & Services

Claims and Repair Management Platform

End-to-end digital platform for motor insurance claims processing. Covers the full workflow from automated appraisal through repair shop coordination and invoice settlement.

Key Features

Automated image recognition and AI-based damage assessment
Large language model integration for intelligent claims processing
AI-powered fraud detection across the claims lifecycle

Target Users: Motor insurance carriers and fleet/leasing companies

AI Solutions Portfolio

A suite of 150+ AI-supported products covering individual steps in claims and repair management, including automated routing, repair cost estimation, and maintenance document processing.

Key Features

Computer vision for vehicle damage detection
Predictive analytics and historical data modeling
Automated appraisal routing and assessment

Target Users: Insurance carriers, automotive OEMs, repair networks

Physical Repair Services

Through PDR-Team / Careoss Group, the company provides physical vehicle repair capabilities for large-scale loss events such as hail damage.

Key Features

Hail damage repair coordination
Integration with digital claims workflow
Nationwide repair capacity management

Target Users: Motor insurers managing catastrophic loss events

At a Glance

Founded: 2023
Headquarters: Germany (European headquarters)
Employees: 1000+
Funding: PE-Backed

Category & Focus

Category: Claims Technology
Subcategories: Claims Automation Fraud Detection Repair Management Invoice Verification
Insurance Verticals: P&C Personal P&C Commercial
Target Customers: Carriers, Fleet and Leasing Companies