Business sectors like insurance that operate in highly complicated numbers to execute regular processes, can make use of Artificial intelligence to ease these processes by automating them with the help of machine learning patterns. AI models take care of clients’ medical histories, their policy details, claim history, and approval of an insurance claim online. The machine learning models also detect client patterns and offer fraud detection and suspicious activity detection increasing the security of the insurance company.
At Automaton AI, we offer the deployment of machine learning models specifically customized to take care of your insurance company according to your policies.
AI models built for automating the vehicle insurance industry make use of computer vision and multiple sensors to detect vehicle damage and also give a repair cost analysis.
AI algorithms help in automating the life insurance industry by computer vision analysis of your photo to provide instant quotes based on age, BMI, etc.
AI models that keep track of insurance policies of customers and in case of a claim, they verify the customer and approve their claim.
AI-powered chatbots have been developed to tap into potential customers at the right time.
These chatbots also recommend insurance plans to match the customer’s requirements.
AI algorithms have also been designed for flawless property analysis as well as fraud detection based on the customer’s behavior.