top of page

Letting Data Speak, AI Act!

Case Study

AI/ML-Powered Insurance Solutions - Transforming Customer Experience Through Intelligent Automation

Leading Indian insurance broker with 250+ crore premium volume in FY 17-18, operating through B2B2C and B2C models with pan-India presence across Life and Non-Life insurance segments.

About the Client

Leading Indian insurance broker with 250+ crore premium volume in FY 17-18, operating through B2B2C and B2C models with pan-India presence across Life and Non-Life insurance segments.

Untitled design - 2024-09-27T104509.589.png

Challenge

Implementation of comprehensive AI/ML solutions across multiple business verticals including personalized product recommendations, automated customer service processing, intelligent RPA enhancement, and predictive sales analytics to gain competitive advantage in the insurance marketplace.

Untitled design - 2024-09-27T105551.128.png

Key Results

  • Enhanced customer experience through personalized product recommendations

  • 90% improvement in service ticket processing accuracy and response time

  • Automated policy document processing across 29+ insurance companies with adaptive format handling

  • Comprehensive sales forecasting with macro and micro-level performance insights

  • Intelligent CRM capabilities for insurance agents with actionable recommendations

Solution

Recommendation Engine Development: Built personalized recommendation systems for direct customer engagement using demographic data, existing policies, and platform interactions. Implemented agent-focused recommendation tools with CRM capabilities to enhance customer service quality and provide actionable insights for better customer relationship management.

Automated Service Ticket Processing: Deployed Named Entity Recognition (NER) and text classification models for Freshdesk automation, enabling automatic identification of policy numbers, customer details, premium amounts, and service intents. Created stateful processes for automated email responses and intelligent routing to appropriate personnel.

Intelligent RPA Enhancement: Enhanced existing RPA processes with Natural Language Processing capabilities to overcome document format variations across 29+ insurance companies. Implemented OCR-based NER models for automatic extraction of critical information from policy documents, improving renewal notice automation reliability.

Predictive Sales Analytics: Developed comprehensive sales forecasting models incorporating seasonality, employee performance metrics, market trends, and multiple indicators. Created macro-level forecasts for company regions and policy types, plus micro-level employee performance predictions with success pattern identification for team optimization..


Untitled design - 2024-09-27T104509.589.png

Technologies Used

  • Deep Learning Algorithms • Natural Language Processing

  • Named Entity Recognition • Text Classification

  • Optical Character Recognition • Predictive Analytics

  • Recommendation Systems • Machine Learning Models

  • Robotic Process Automation • Customer Relationship Management

Other Case Study Items

Revolutionizing Personal Loans with AI-Driven Underwriting

Revolutionizing Personal Loans with AI-Driven Underwriting

A leading Indian personal loan provider revolutionized their underwriting process by leveraging AI and machine learning to automate 80% of loan decisions. By integrating social and financial data into a sophisticated predictive algorithm, the company drastically reduced decision times to seconds expanded access to underserved segments, and achieved lower default rates compared to human underwriters.

Artificial Intelligence - Powered Tyre Dimension Extraction System

Artificial Intelligence - Powered Tyre Dimension Extraction System

JashDS developed an AI-powered computer vision system for a leading automotive e-commerce platform, enabling accurate extraction of tire dimensions from images. The solution, which increased conversion rates by 25% and reduced customer support inquiries by 80%, utilized advanced technologies such as YoloV8 for instance segmentation and custom-designed augmentation techniques to simplify the online tire purchasing process.

Enhanced Jira Data Analysis for Strategic Insights

Enhanced Jira Data Analysis for Strategic Insights

JashDS developed a flexible framework for analyzing Jira project data that is capable of handling varying export structures and custom fields. The solution leveraged GenAI and LLM technologies to provide actionable insights, identify productivity trends, and uncover potential risks across diverse software projects, resulting in a ___% improvement in team efficiency and a ___% increase in successful project outcomes.

bottom of page