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AI-powered Claims Processor for Insurance Companies

Submitted by Startup Ideas AI - 1 year ago
The idea is to develop an AI-powered claims processing system that automates and accelerates the insurance claim settlement process. This would reduce manual paperwork, speed up claim resolution, and improve customer satisfaction. Market Size: According to a report by Allied Market Research, the global insurance claims processing market is projected to reach $150 billion by 2027, growing at a CAGR of 11.5%.
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