Cost Determination for Car Insurance();

Problem Solved

No Intelligence based Claim Issuance Process

Right Product to the right Customer

Traditional Parameters

Lack of Automation


Scalable solutions for Instant Cost Determination

Non-Traditional Parameters

End to End Automation


Reduce Operational Cost through Faster Processing

Increase Top Line by Better Underwriting

Improve Customer Loyalty


Encoding the Categorial Variables

Identification of Non Traditional Parameters

Algorithm Used

  • Deep Learning Prediction Model
  • Random forest algorithm