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HomeFinanceNow you can Renew your car insurance policy with Artificial Intelligence (AI)...

Now you can Renew your car insurance policy with Artificial Intelligence (AI) based technology, see how

The mechanized process replaces people in monotonous work at an exceptionally high precision level by diminishing the time expected to recharge a vehicle insurance contract.

Renewing your vehicle protection will be a lot more straightforward, easier and less tedious at this point. Kotak General Insurance today declared robotizing vehicle reviews for vehicle protection reestablishments with Artificial Intelligence (AI) based innovation.

Kotak General Insurance has cooperated with Inspektlabs to robotize the vehicle review process, utilizing AI based innovation. Utilizing Artificial Intelligence, mechanized vehicle investigations will occur at the hour of protection reestablishments.


Under the AI-based examination process, during strategy renews, clients can catch photographs or recordings of their vehicle and transfer them on the cloud-based App. A computerized review report covering harms, if any, gets produced inside a couple of moments of transferring the photographs/recordings.

The computerized cycle replaces people in redundant work at an exceptionally high precision level that saves cost and increments consumer loyalty by lessening the time expected to restore a vehicle insurance contract.

The innovation additionally assists with identifying misrepresentation in view of the photos and recordings transferred, in this way supporting the endorsing system. Suresh Sankaranarayanan, Chief Technology Officer, Kotak General Insurance Company Limited says, “The DIY (DIY) interaction will assist with improving client experience and lessen completion time and fakes.

Throughout the course of recent years computerized reasoning has turned into a backbone for a few of our organizations, and we at Kotak General Insurance have likewise tidied up innovation to give consistent answers for our clients. We desire to serve our clients better with this new innovation expansion.”

Man-made intelligence based examination cycles will assist with catching the degree of vehicle harms minutely and furthermore work out the expense of fix in fast time. Restorations and the case settlement process generally stayed a test for the insurance agency. The AI based innovation will give the much expected help to the organizations as well as the policyholders with the improvement of the restoration process.

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