Our Solutions

iAssist Innovations has been working with India's Largest General and Health Insurance companies and helping them solve the complexities of business processes with the help of the patented Technologies and IPs. It's allowing them to be more agile and add customer-centricity through a better experience with simplified communications Platforms. As of now, the following processes have been addressed:

iClaim (Health)

  • 01 Digitization

    An Intelligent system reading all handwritten proposal forms for Health Insurance, does all business validations, and generates a policy within 9 minutes.

  • An AI model capable of performing Auto-Adjudication.

    • ☉ Basis Policy.
    • ☉ Basis Financial Analysis.
    • ☉ Basis Discharge Summary Understanding.

  • An AI-Based Model with the ability to read Pre-Authorization form with very high accuracy.

    • ☉ Used in triaging the cases (Like Covid to move to Covid queues).
    • ☉ Reading of Historical Details, Provisional Diagnostics, etc.

  • An AI based Model to read Discharge Summary for two purposes:

    • ☉ Fraud Detection: Converting Discharge Summary in digital data and Standardising it for Analytics.
    • ☉ Decision Making: Converting Discharge Summary in Digital data and using iAssist’s unique Summarizer that sends specific data to Doctors for quick Decision making.

  • AI Based Mobile Application for Document Collection

    • ☉ Ability to understand right document.
    • ☉ Removes the skews and slants on its own.
    • ☉ Improves and Standardizes documents size and quality.

iClaim (Motor)

  • 01 Fast Approval of Claims

    A Motor Claim to be approved by an AI system with all validations within 4-5 mins includes the digitalization of all supporting documents, due diligence, and the business checks and interfaces with the system of records in real-time.

  • A Vehicle Insurance Quote is issued based on the previous insurance policy or RC by simply taking a picture of the RC or the current Policy in 2 minutes.

    • ☉ Hassle free loss reporting process (completely paper less).
    • ☉ Easy to use interactive, intuitive interface.
    • ☉ Easy identification of the policy.
    • ☉ Real-time tracking – Lodgement and Status.
    • ☉ Easy E2E claim file management.
    • ☉ Single moment of TRUTH.
    • ☉ Light weight integration with Enterprise IT system through RPA.
    • ☉ Highly configurable and scalable Framework.

  • AI Based Mobile Application for Document Collection

    • ☉ Ability to understand right document.
    • ☉ Removes the skews and slants on its own.
    • ☉ Improves and Standardizes documents size and quality.

Advanced eKYC Solution

Invoicing Solution (i-Invoice)

  • 01 Invoice Reader

    • ☉ Industries most unique Invoice Digitalization Solution.
    • ☉ Enables organization to do E2E invoice automation.
    • ☉ Comprehensive Invoice Management Solution with IRN validation (if applicable).
    • ☉ Hassle-free Invoice Automation Solution with E-Invoicing validation.
    • ☉Renders an accurate digitalized version of invoices captured from any sources.
    • ☉ Auto-Approval and Porting into Enterprise Systems.

Microfinance Solution

  • 01 Easy Compliance

    • ☉ Industries most unique Digitalization Solution.
    • ☉ Enables microfinance to do the complete loan disbursement and repayment.
    • ☉ Digitalization of supporting documents such as Passbooks, Aadhaar, PAN, etc.
    • ☉ Validation and authenticity of supporting documents.
    • ☉ Extraction of passbook transactions using unique proprietary algorithms.
    • ☉ Scoring methods to identify the loan eligibility.
    • ☉ Borrower’s behavioral pattern analysis for future engagement.

P&C Insurance Solution