BUSINESS CASE

Computer Vision & Insurance

InsurTech, a buoyant industry

Submitting a claim can be a painful process. Image recognition can simplify the compensation and intervention process and enhance commercial relationship. Likewise, insuring your house can a lenghty and complicated process. Now, with satellite image recognition, you can insure your house within 2 minutes.

The insurance industry leads the way in its AI implementation. For each and every insureance actor, artificial intelligence and image recogntion present opportunities to offer an enhanced user experience, to optimise costs, or even to free up staff from time-consuming and low added value tasks

$127M

Invested in AI

2017

since

131

InsurTech in 2019

Image recognition promises in InsurTech

15 min
to submit a claim and get a refund estimation
2 min
to insure your house
Background
Background
Quotes

It is time for Insurance big players to implement AI. In 2019, more than 131 young French InsureTech were identified (according to Oliver Wyman)

InsurTech Radar Report 2019

Claims handling automation

With image recognition, a user can submit a claim and receive his first quote in 15 min

Claims handling automation

With image recognition, a user can submit a claim and receive his first quote in 15 min

To make claim submission easier, a recognition algorithm can detect the damaged area and classify the disaster, after taking a photo of the damage with an app. Then, the claim submission and its usually painfully long questionnaire can be automated and only takes up 15 min.

Insure your house within 2 min

Image recognition to simplify insurance purchase

Insure your house within 2 min

Image recognition to simplify insurance purchase

In order to purchase a home insurance, one must answer around 30 cumbersome questions. Simply by informing the postal adress of your home, it is possible to receive a quote in 2 min only. Thanks to satellite image recognition associated to your home, the value of your property can be estimated as well as its associated potential risks such as trees that could fall.

Our Insurance experts

We integrate our clients' team

startup, sicara, team, teamwork

Our Insurance experts

We integrate our clients' team

In order to implement innovative solutions, we integrate our clients' teams in order to fully comprehend their industry-specific problems and needs.

Alexandre

Centrale Paris

Florian

Centrale Nantes

Nicolas

Centrale Paris


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