Investor Presentaiton
policybazaar.com paisabazaar
Leveraging Data and Technology: Motor Insurance
App-based Video Inspection for Policy Issuance and Claim Settlement
Self-inspection video process for motor insurance
Converts manual process involving external surveyor into a simple self service flow
Makes consumer experience of policy issuance (break in) and claims reporting hassle free
Insurance companies benefit as they can issue policies faster, avoid fraud and settle claims smoothly
Computer Vision technology can auto adjudicate using Al as per insurance company guidelines, refer tougher cases to
manual underwriters
com
TM
Before starting, locate
the metallic chassis &
engine number of your
car.
Find my chassis number →
Stand at least 5ft from
your car to get the best
view while recording the
video
CHASSIS NO.
Don't use the camera
zoom. Instead walk
towards and take close
up shots of any dents or
scratches
*Policybazaar is acting only as a facilitator and issuance of insurance
coverage/claims settlement based on the video shared, shall be at the
sole discretion of the Insurer
Demo video
Start car inspection
We've almost set
1 Open the car's front bonnet
2 Close (roll-up) all the windows.
Sit on the driver's seat.
lick Done after recording 360 degree view
1
3
4 हिन्दी
Start Recording
record the front Windshield glass inner Sidel
02:2
2
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O
ак
policybazaar
00:5
4
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Also includes a voice over using Text-to-speech in vernacular languagesView entire presentation