Product
AiDA AI & ML PLATFORM
AI and Machine Learning Cloud-based and On-Premise Platform
The financial services sector can innovate faster and keep up with market demands.
It’s no secret that fintech has put pressure on the financial services industry. However, insurance companies and banks are fortunate to have an advantage that these new entrants don’t possess – that advantage is data. Traditional insurance companies and banks have access to deeper and more personal datasets than any organisation, but it remains locked in a vault and heavily underexploited.
AiDA Technologies is powering leading insurance providers and banks with an integrated AI & ML cloud-based and on-premise platform to innovate.
The AiDA AI & ML Platform Advantage
Go-to-Market Faster
Non-ruled based ML products, with ability to process unstructured data, enable high precision accuracy
Lower Costs
Automate with 80-90% STP, upto 99% accuracy, with better consistency in decisions without human intervention
Optimised Operations
State-of-the-art tools provide more efficient work processes and drive faster customer service responses
Prioritise Innovation
With AI-driven analytics, gain the smart insights to focus on product innovations that elevate customer experience
Our AI & ML Services Platform
Our suite of Smart AI and machine learning products are providing leading insurance companies and banks in the financial services industry with the tools they need to accelerate processes, identify revenue, drive cost reductions and anticipate evolving risk. If you try unlock the vault and monetise your data – making intelligent sense of data is what AiDA Technologies does best.
SMART CLAIMS
Straight Through Processing of Health Claims using AI Engine
Licensing of AI ICD Code Engine to hospitals and insurers
SMART RISK
Identification of Unusual and Potentially Suspicious Claims
Clinics/Doctors, Hospitals, Agents, Customer Fraud Dashboard
SMART UNDERWRITING
Provide Risk Score for Propensity to claim – increasing STP for Underwriters
Improve Exclusion Detection and Reasons Extraction
SMART AGENCY
Early Detection of Agent Misconduct / Fraud
Prediction of Agent Performance
Early Prediction of Agent Attrition
SMART ENGAGEMENT
Generate Next Best Product for Cross/Up Sell Leads
Generate Leads based on Re-Purchase Propensity
SMART LENDING
Detects the customers propensity to buy and recognises cross-sell opportunities
Identifies the possibility for early pay-downs and attrition with high precision