Solving the problem

Insurance is a dynamic phenomenon in today’s world. Are safer driving habits rather than just demographics going to play a role in determining insurance rates? In case of an accident, is it possible to immediately ascertain the exact amount of claim possible? The answer to these questions is Yes.

Using our technology, we can understand the data and calculate risk that is more specific to an individual’s driving habits instead of just depending upon demographic data and vehicle models. Moreover, we can use image comparison to provide real-time claim estimates to car owners in case of accidents. We use artificial intelligence and machine learning to sort and get trends out of available data, thereby having a large base to from which to create models that provide these services.

CHALLENGES FACED BY INSURANCE COMPANIES