Learn how AI transforms the key areas of insurers journey

Key tech: Computer vision, ML Once the client clicks a picture of the damage to his car or home or other property and sends it to his insurer, AI kicks in. Computer vision helps insurers by scanning those images, running them against historical and trained datasets of similar images, recognizing patterns, and then finally estimating cost by assessing the extent of damage. Apart from mobile images, footage from drones, sent to do aerial surveys of unreachable areas, can also be analyzed using AI. Moreover, loss estimates can be made using augmented reality (AR) as well. Based on the analysis, chatbots can communicate the triaging of claims by offering payouts, repairing information, replacements, reimbursements or even rejecting the claim.