DEKRA and Accession Capital Partners completed the investment in Spearhead.

DEKRA, a European vehicle inspection company, and Accession Capital Partners, a private equity firm, completed the investment in Spearhead, whose business model focuses on digital processes for claims settlement, from the damage report to final claim regulation. Financial terms were not disclosed. "Ideally with this solution, the insurance agent will receive a qualified initial assessment of the severity of the damage, the part of the vehicle that is damaged, and the anticipated repair costs just seconds after the accident. The agent therefore knows whether the damage is slight, severe, or if the vehicle is total-loss, and can take proactive and situation-appropriate action immediately," Guido Kutschera, DEKRA Executive Vice President.