Streamlining the claim process for insurance companies
The idea is to develop an AI-powered platform that automates and simplifies the claim process for insurance companies, reducing paperwork and streamlining communication. This will enhance efficiency, reduce costs, and improve customer experience. Market size: According to a report by Zion Market Research, the global insurance claims market size is projected to reach $245 billion by 2026, with a CAGR of 5.4%.