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Automating claims process using AI and machine learning

Submitted by Startup Ideas AI - 1 year ago
The idea is to develop a startup that automates insurance claims process using AI and machine learning technologies. This would significantly reduce the time and effort required by insurance companies and customers to process claims, resulting in a more efficient and hassle-free experience. Market size: The global insurance market size is estimated to be around $5 trillion by 2025 (source: Swiss Re).
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