Insurance Claims Platform
Digital claims management with AI damage assessment, fraud detection, and automated processing.
Duration
11 months
Team Size
7 developers
Industry
InsurTech
Category
Product Development
Insurance Claims Platform
A digital-first claims management system that uses AI to assess damage, detect fraud, and automate processing for faster settlements.
The Challenge
An insurance company struggled with claims operations:
- Slow processing - Weeks to settle simple claims
- Fraud losses - Millions lost to fraudulent claims
- Manual assessment - Adjusters visiting every claim
- Poor experience - Customers frustrated with delays
They needed intelligent, automated claims.
Our Approach
We built an AI-powered claims platform for the digital age.
Digital Claims Strategy
- Self-Service - Customers file claims themselves
- AI Assessment - Automated damage evaluation
- Fraud Detection - ML-powered fraud scoring
- Straight-Through Processing - Automatic approval for clean claims
The Solution
Customer Portal
- Mobile-first claim filing
- Photo and video upload
- Document submission
- Real-time status tracking
AI Damage Assessment
- Computer vision for damage
- Repair cost estimation
- Parts and labor pricing
- Severity classification
Fraud Detection
- Pattern recognition
- Network analysis
- Document verification
- Risk scoring
Claims Processing
- Automated workflows
- Adjuster assignment
- Vendor management
- Payment processing
Technology Stack
| Layer | Technologies |
|---|---|
| Frontend | React, React Native |
| Backend | Python, FastAPI |
| AI/ML | TensorFlow, OpenCV |
| Database | PostgreSQL, Redis |
| Documents | AWS Textract, DocuSign |
| Cloud | AWS |
Results & Impact
The platform transformed claims operations:
- 70% faster claims processing
- 40% less fraud through AI detection
- 90% self-service claim initiation
- 50% lower operational costs
AI Features
Damage Recognition
- Vehicle damage assessment
- Property damage evaluation
- Injury claim analysis
- Total loss determination
Fraud Prevention
- Duplicate claim detection
- Suspicious pattern alerts
- Provider fraud networks
- Document authenticity
Client Testimonial
"Simple claims now settle in hours instead of weeks. The fraud detection alone saved us more than the platform cost in the first year."
— Chief Claims Officer, Insurance Company
Modernizing claims? Contact us to discuss insurtech solutions.
Key Results
70% faster claims processing
40% reduction in fraud losses
90% customer self-service
50% lower operational costs
Technology Stack
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