y l o g x

Problem Statement

A European insurer wanted to improve the user experience of its home insurance buyers and reduce the time to issue policies

Solution

  • Collaborated with the UX team to integrate features into the mobile app facilitating room(s) capture.
  • Implemented computer vision-based models for distinctive identification and counting of furniture types, as well as other elements such as pictures and electronic equipment.
  • Integrated with the underwriting engine to provide real-time initial quotes

Benefits

  • Gross Written Premium uptick by 3%
  • Lowered home insurances underwriting time by 15%

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