Published January 12, 2024 | Version v1
Publication Open

n The Spot (Realtime) Accident Information & Insurance Dispute Resolution

Description

This project introduces an innovative insurance claiming app designed to streamline the process of
filing claims by leveraging real-time road accident data. The app employs advanced data analytics and
machine learning algorithms to assess accident severity, providing users with a seamless and ef icient
means of initiating insurance claims. By integrating with various sources of road accident data and
user-generated reports, the app aims to enhance the accuracy of claim assessments and reduce processing
times.
The user-friendly interface ensures a straightforward experience for claimants, while the app's backend
infrastructure ensures secure handling and processing of sensitive information. This research contributes
to the evolution of insurance technology, fostering a more responsive and data-driven approach to
insurance claim management.
The app's robust framework not only facilitates faster claims processing but also enables insurance
companies to make data-informed decisions. By tapping into the wealth of real-time road accident
information, insurers can refine risk assessments, enhance underwriting processes, and ultimately improve
overall operational ef iciency. This project stands at the intersection of emerging technologies and
insurance, of ering a forward-looking solution to transform the traditional insurance claiming process
into a more agile, data-centric, and customer-friendly experience

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IJSRED-V7I1P11.pdf

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