⚡Big release from Engineering @ BimaPe today!⚡
After crossing ₹250 Crore (~$33.7M) in Term Insurance cover last week on Wallet
by BimaPe, we're opening public access to 'Know Your Insurance' (KYI)
Why should you even care?
🤯Insurance documents are length (30+ pages) and written like legal documents!
❓With KYI, your insurance document gets converted (in ~2 mins) into an
interactive UI explaining key facts about your policy in simple words
⚙️We applied Graph Theory & Reinforcement Learning to build 'Policy
Deconstruction Algorithm' (PDA) which powers this feature.
🕒This feature is live for Term Insurance & Health Insurance (limited
availability) - Motor Insurance is coming soon!
👏Its taken 45 days for Vishrut, Eashan, Kunal, Nishant, Pranav & Abraz to train
the models, iterate on the UX and test reliability.
👉 Even if you don't have any insurance, Wallet by BimaPe
(https://wallet.bimape.com/) lets you start by discovering your hidden insurance
benefits.
And, if you have a Term/Health Insurance, we'd love to hear your feedback.
#startups #india
Originally posted by Rahul Mathur on LinkedIn
link: linkedin.com/in/rahul-jaideep-mathur
After crossing ₹250 Crore (~$33.7M) in Term Insurance cover last week on Wallet
by BimaPe, we're opening public access to 'Know Your Insurance' (KYI)
Why should you even care?
🤯Insurance documents are length (30+ pages) and written like legal documents!
❓With KYI, your insurance document gets converted (in ~2 mins) into an
interactive UI explaining key facts about your policy in simple words
⚙️We applied Graph Theory & Reinforcement Learning to build 'Policy
Deconstruction Algorithm' (PDA) which powers this feature.
🕒This feature is live for Term Insurance & Health Insurance (limited
availability) - Motor Insurance is coming soon!
👏Its taken 45 days for Vishrut, Eashan, Kunal, Nishant, Pranav & Abraz to train
the models, iterate on the UX and test reliability.
👉 Even if you don't have any insurance, Wallet by BimaPe
(https://wallet.bimape.com/) lets you start by discovering your hidden insurance
benefits.
And, if you have a Term/Health Insurance, we'd love to hear your feedback.
#startups #india
Originally posted by Rahul Mathur on LinkedIn
link: linkedin.com/in/rahul-jaideep-mathur
