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Which General Insurance Company launched AI tool ‘IDEAS’ for automatic claim settlements?
  • a)
    ICICI Lombard General Insurance
  • b)
    Bharti AXA General Insurance
  • c)
    Bajaj Allianz General Insurance
  • d)
    Reliance General Insurance
  • e)
    HDFC ERGO General Insurance
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Which General Insurance Company launched AI tool ‘IDEAS’ f...
In order to automate the complex process of motor claims, on November 2, 2020, HDFC ERGO General Insurance launched the AI (Artificial Intelligence) tool IDEAS (Intelligent Damage Detection Estimation and Assessment Solution) for motor claim settlements.
The IDEAS module uses Neural Network image processing and Analytics, Machine Learning and Natural Language that supports instant damage detection as well as calculation of the claims estimate for the surveyors to help in motor claims settlement in real-time. It is trained using more than 3,00,000 images over the last 2 years and has been integrated in the surveyor mobile app.
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Most Upvoted Answer
Which General Insurance Company launched AI tool ‘IDEAS’ f...
In order to automate the complex process of motor claims, on November 2, 2020, HDFC ERGO General Insurance launched the AI (Artificial Intelligence) tool IDEAS (Intelligent Damage Detection Estimation and Assessment Solution) for motor claim settlements.
The IDEAS module uses Neural Network image processing and Analytics, Machine Learning and Natural Language that supports instant damage detection as well as calculation of the claims estimate for the surveyors to help in motor claims settlement in real-time. It is trained using more than 3,00,000 images over the last 2 years and has been integrated in the surveyor mobile app.
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Which General Insurance Company launched AI tool ‘IDEAS’ for automatic claim settlements?a)ICICI Lombard General Insuranceb)Bharti AXA General Insurancec)Bajaj Allianz General Insuranced)Reliance General Insurancee)HDFC ERGO General InsuranceCorrect answer is option 'E'. Can you explain this answer?
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Which General Insurance Company launched AI tool ‘IDEAS’ for automatic claim settlements?a)ICICI Lombard General Insuranceb)Bharti AXA General Insurancec)Bajaj Allianz General Insuranced)Reliance General Insurancee)HDFC ERGO General InsuranceCorrect answer is option 'E'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which General Insurance Company launched AI tool ‘IDEAS’ for automatic claim settlements?a)ICICI Lombard General Insuranceb)Bharti AXA General Insurancec)Bajaj Allianz General Insuranced)Reliance General Insurancee)HDFC ERGO General InsuranceCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which General Insurance Company launched AI tool ‘IDEAS’ for automatic claim settlements?a)ICICI Lombard General Insuranceb)Bharti AXA General Insurancec)Bajaj Allianz General Insuranced)Reliance General Insurancee)HDFC ERGO General InsuranceCorrect answer is option 'E'. Can you explain this answer?.
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