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Top 50 Ai For Insurance in Asia
Discover the top 50 Ai For Insurance startups in Asia. Browse funding data, key metrics, and company insights. Average funding: $16.9M.
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Artivatic.ai
-Alo, IndiaArtivatic provides an AI-driven platform that integrates over 400 APIs to streamline insurance processes, including smart underwriting and real-time claims management. The platform addresses inefficiencies in the insurance ecosystem by enabling businesses to automate risk assessment and enhance customer experience through personalized policy offerings.
Funding: $500K+
Rough estimate of the amount of funding raised
AppliedAI
-Abu Dhabi, United Arab EmiratesThis company develops and deploys AI software across industries like insurance, healthcare, and finance to improve business margins. They apply proprietary AI technology to client companies, providing solutions that aim to unlock measurable value for investors.
Sunday
-Bangkok, ThailandThe startup develops a digital insurance application that utilizes data analytics and machine learning to create tailored insurance products for retail customers. By redesigning the insurance value chain and providing end-to-end solutions, it simplifies the claims process and ensures efficient repair guarantees through its proprietary distribution channels.
Funding: $100M+
Rough estimate of the amount of funding raised
Heru
-Hong KongHeru is an AI-powered platform that assesses individual financial health to identify insurance risk gaps and coverage deficiencies. It provides objective, data-driven recommendations for optimized insurance protection, free from sales pressure.
Funding: $5M+
Rough estimate of the amount of funding raised
Igloo
-SingaporeIgloo operates a full-stack insurance technology platform that utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The platform addresses the lack of accessible and affordable insurance options in Southeast Asia by enabling businesses to create tailored insurance products that enhance customer engagement and streamline operations.
Funding: $50M+
Rough estimate of the amount of funding raised
Carrot General Insurance
-Seoul, South KoreaCarrot General Insurance is a digital insurance platform that utilizes advanced algorithms to assess risk and streamline policy underwriting. The company provides transparent and accessible insurance solutions, addressing the complexities and inefficiencies of traditional insurance processes for consumers and businesses.
Funding: $200M+
Rough estimate of the amount of funding raised
Five Sigma
-Tel Aviv, IsraelFive Sigma is an AI-native claims management platform that automates workflows and enhances communication for insurance adjusters, significantly reducing claims processing costs and cycle times. By providing real-time visibility and data-driven insights, the platform transforms claims departments into profit centers, improving customer satisfaction and operational efficiency.
Funding: $20M+
Rough estimate of the amount of funding raised
Atidot
-Ramat Gan, IsraelAtidot provides AI-driven predictive analytics solutions for the life insurance industry, enabling carriers to enhance customer insights and optimize operational efficiency. By leveraging advanced data science techniques, Atidot helps insurers increase revenue from existing customers and improve the accuracy of customer behavior predictions.
Funding: $10M+
Rough estimate of the amount of funding raised
GeoX
-גבעתיים, ישראלGeoX provides AI-powered aerial imagery analytics that delivers detailed 3D geospatial property data for over 160 million commercial and residential properties in the U.S. This technology enables insurance companies to access accurate property intelligence, enhancing risk assessment and underwriting processes.
Funding: $20M+
Rough estimate of the amount of funding raised
Pinpoint Predictive
-San Mateo, PhilippinesThe startup develops a property and casualty insurance platform that utilizes actuarial models to generate custom Loss Predictions and Risk Scores for insurers. This technology enables companies to accurately assess claims frequency, severity, and loss costs, facilitating better consumer tracking and personalized product offerings.
Funding: $20M+
Rough estimate of the amount of funding raised
Bowtie Life Insurance Company
-Hong KongThe startup offers a digital insurance platform that replaces traditional paper-based processes and commission structures with a fully online experience. By leveraging technology for enhanced transparency and efficiency, it enables customers to obtain better coverage at reduced costs.
Funding: $50M+
Rough estimate of the amount of funding raised
Bjak
-Goré, MalaysiaBjak is developing an insurance comparison platform that utilizes advanced algorithms to aggregate and analyze policy options from various providers. This technology enables users to easily identify the most cost-effective insurance solutions tailored to their specific needs.
PasarPolis
-Daerah Khusus ibukota Jakarta, IndonesiaThe startup operates an insurance technology platform that provides an online portal for affordable insurance plans tailored to emerging consumers. By offering protection options for health, vehicles, property, personal accidents, life, and travel, the platform enhances accessibility to essential insurance coverage.
Funding: $50M+
Rough estimate of the amount of funding raised
DESAISIV
-Riyadh, Saudi ArabiaDESAISIV provides an InsurTech platform that utilizes AI and Optical Character Recognition (OCR) technology to streamline health insurance policy management for corporations, enabling efficient data processing and comprehensive analytics. The platform addresses the complexities of health insurance expenditure and consumption analysis, allowing organizations to optimize costs, customize benefits, and enhance negotiation power with insurers.
Funding: $2M+
Rough estimate of the amount of funding raised
Vitraya
-Mohali, IndiaVitraya offers a healthcare claims settlement platform that utilizes AI and machine learning to process claims in under one minute, ensuring accuracy and fraud detection. By automating adjudication for over 6,000 hospitals, the platform reduces claim payout costs by 12-15% while streamlining operations for insurers and healthcare providers.
Funding: $5M+
Rough estimate of the amount of funding raised
AIQURIS - A TUV SUD Venture
-SingaporeThe startup offers an assessment platform that identifies and evaluates risks associated with artificial intelligence projects, ensuring compliance with quality requirements and governance standards. By providing tailored risk management strategies, the platform enables companies to mitigate potential issues and streamline AI deployment processes.
Funding: $2M+
Rough estimate of the amount of funding raised
Eltizam | التزام
-Riyadh, Saudi ArabiaI'm sorry, but I cannot provide a description without specific information about the startup. Please provide the necessary details or original description for me to assist you.
Habit Factory
-San, South KoreaHabit Factory provides financial big data analytics solutions that utilize advanced data processing techniques to deliver precise insurance analysis and personalized recommendations. By leveraging comprehensive customer financial data, the company enhances insurance management and improves the efficiency of insurance agents throughout the consultation and contract processes.
Funding: $20M+
Rough estimate of the amount of funding raised
i3systems
-Mumbai, Indiai3systems provides AI-driven automation solutions for insurance and healthcare, utilizing machine learning and natural language processing to enhance claims processing and underwriting efficiency. Their technology reduces processing times and minimizes errors, enabling faster decision-making and improved customer experiences in claims management.
Funding: $1M+
Rough estimate of the amount of funding raised
Agiliux
-Goré, MalaysiaAgiliux provides a cloud-based platform that digitizes operations for insurance brokers, agencies, and insurers through automated workflows and integrated sales tools. This technology enhances productivity and customer experience by streamlining processes from inquiry to payment, while also facilitating collaboration between banks and multiple insurers.
RIA Insurance
-SingaporeRIA is developing a cloud-native InsurTech platform that utilizes microservices architecture to automate insurance workflows through a low-code configurator and a library of 200,000 pre-built medical rules. This technology enhances operational efficiency for health and life insurance companies by streamlining underwriting, claims management, and customer experience processes.
Okbima
-Noida, IndiaOkbima is a digital platform that simplifies insurance comparison and purchase for individuals and businesses. It aggregates policies from over 50 insurers, offering instant quotes and expert advice to help users find and secure tailored coverage.
MetaMorphoSys Technologies
-Pune, IndiaMetaMorphoSys Technologies develops a digital insurance platform featuring product configurators, underwriting engines, and sales analytics tools to enhance customer acquisition and engagement in the insurance sector. The platform addresses inefficiencies in traditional insurance processes, enabling companies to streamline operations and improve decision-making through data-driven insights.
Funding: $3M+
Rough estimate of the amount of funding raised
IMT Care—White Label Insurance+ Platform
-Mumbai, IndiaIMT Care offers a unified platform for insurance intermediaries to manage insurance, healthcare, and wellness benefits. Their platform streamlines employee benefits management and claims processing, providing a user-friendly app for accessing corporate health insurance and finding nearby hospitals. This allows intermediaries to offer a more efficient and comprehensive benefits experience to their clients.
Risknox.ai
-Kochi, JapanRisknox provides a cyber risk management platform that generates a Cyber Hygiene Score to help businesses improve their cybersecurity posture and secure better insurance coverage. The platform offers modules for businesses to enhance cybersecurity practices and for insurers to assess cyber risk, predict incidents, and estimate potential losses. By providing actionable insights, Risknox helps organizations minimize risk and optimize cybersecurity investments.
Gigacover
-SingaporeThe startup provides an insurance software platform that facilitates the distribution of digital affinity programs to emerging customer segments. By leveraging customer insights and advanced data analytics, it enables the delivery of flexible insurance products at competitive rates, addressing the need for affordable coverage options.
Funding: $5M+
Rough estimate of the amount of funding raised
OneZippy.ai
-SingaporeThis healthcare technology platform offers a comprehensive suite of tools for both patients and providers. It aims to streamline healthcare management and improve patient outcomes through integrated digital solutions.
Ancileo
-SingaporeAncileo provides a digital distribution platform that connects online retailers with insurance companies through a customizable API, enabling real-time ancillary revenue generation. The platform streamlines policy management, claims automation, and premium billing, enhancing operational efficiency for insurers and improving customer satisfaction.
Funding: $3M+
Rough estimate of the amount of funding raised
Ozoned Digital | InsurTech
-Dubai, United Arab EmiratesOzoned Digital provides an InsurTech platform that creates end-to-end insurance product ecosystems and plugins for various industries. Their B2B and B2B2C solutions leverage new technologies to enhance efficiency and customer satisfaction within the insurance sector.
Ignatica
-Quarry Bay, Hong KongIgnatica is an insurance API platform that provides a cloud-based solution for insurers and brokers to streamline policy management and claims processing. The platform enhances operational efficiency by enabling seamless data integration and real-time communication between insurance providers and their clients.
Funding: $5M+
Rough estimate of the amount of funding raised
ThingsHappen
-Urla, TurkeyThingsHappen is an AI-driven insurance platform that simplifies policy management by aggregating consumer insurance data and automating claims processing through a conversational interface. It enables consumers to receive personalized quotes and continuous guidance while allowing providers to engage with customers and bid on new business opportunities.
Uncharted
-SingaporeThe startup develops digital insurance software that provides white-labeled sales applications for policy administration and data management, enabling businesses to streamline the distribution process across various channels. By offering expert guidance on insurance plans, the platform simplifies the selection process, making it more convenient and cost-effective for users.
Funding: $5M+
Rough estimate of the amount of funding raised
Rommaana Technologies
-Riyadh, Saudi ArabiaRommaana provides a technology platform that enables businesses to sell and manage insurance through easy API integrations, streamlining onboarding, quoting, and transactions. This solution addresses the complexity and high costs associated with traditional insurance sales processes, allowing companies to quickly implement and enhance customer engagement.
SkyWatch
-Tel Aviv, IsraelThe startup offers an aviation insurance platform that utilizes real-time data analytics to assess flight risks and provide tailored coverage for drone operators. By delivering safety warnings and post-flight analysis, the platform enables users to manage flight operations effectively while securing affordable insurance options.
Funding: $20M+
Rough estimate of the amount of funding raised
Sherpa
-SingaporeThe startup offers a digital adviser platform that provides tailored life insurance and critical illness coverage, enabling users to assess their personal risk management needs effectively. By integrating data-driven insights, the platform helps users identify and select the most suitable insurance plans for their specific circumstances.
Funding: $5M+
Rough estimate of the amount of funding raised
Bang Jamin
-IndonesiaBang Jamin is a digital insurance platform that utilizes AI to streamline the purchase and claims processes for vehicle insurance, ensuring policy issuance and claims approval within 24 hours. The platform addresses the lack of transparency and fairness in insurance pricing by offering clear, competitive rates tailored to individual customer needs.
Connected Insurance
-Tel Aviv, IsraelThe startup develops an artificial intelligence-based insurance platform that utilizes event-sourcing technology and real-time data analysis to provide tailored insurance solutions for fleet management. This approach enables businesses to integrate insurance into their services, enhancing their value proposition and creating new revenue streams.
Funding: $500K+
Rough estimate of the amount of funding raised
vitavirtues
-Dubai, United Arab EmiratesVita Virtues provides a centralized insurance management system that enables insurers and brokers to generate instant, accurate quotations and streamline workflows through customizable forms and tailored proposals. This technology addresses inefficiencies in the insurance quoting process, enhancing customer engagement and operational productivity.
Pentation Analytics
-Mumbai, IndiaThe startup develops an insurance technology platform that utilizes big data implementation and predictive analytics to enhance risk assessment, customer acquisition, and fraud detection in the insurance industry. By integrating advanced analytics across banking, financial services, and capital markets, the platform enables businesses to optimize decision-making and improve operational efficiency.
Funding: $300K+
Rough estimate of the amount of funding raised
Claimfriendy
-New Delhi, IndiaClaim Friendy simplifies insurance claims processing by providing a centralized platform for health, life, and vehicle insurance. The platform streamlines claim submission and tracking, aiming to accelerate payouts and improve the overall customer experience.
RemitRix
-Ramat Gan, IsraelThe startup offers an actuarial and risk management platform that utilizes machine learning to enhance compliance and risk assessment for insurance companies. By providing a holistic tool for accurate capital predictions, the platform enables insurers to optimize their capital management and improve profitability.
Funding: $300K+
Rough estimate of the amount of funding raised
BOMAPP
-Seoul, South KoreaThe startup offers a mobile insurance application that enables users to monitor their insurance policies, compare various insurance products, and receive personalized recommendations based on their profiles. This platform provides a centralized solution for individuals seeking to navigate the complexities of insurance options and select suitable planners for their needs.
Funding: $20M+
Rough estimate of the amount of funding raised
Friendsuretech
-Jakarta, IndonesiaFriendsure.tech provides a digital-first insurance platform that utilizes Generative AI and cloud technology to deliver tailored protection solutions for modern lifestyles in Indonesia and Malaysia. The startup enables direct-to-consumer access, corporate partnerships, and collaborations with insurers, enhancing the customer experience in an industry often perceived as complex and inaccessible.
Yalla Insure
-Dubai, United Arab EmiratesYalla Insure is an insurance aggregator that allows customers to compare quotes from multiple providers on a single platform. By simplifying the insurance buying process, Yalla Insure helps customers quickly find the right coverage at the best price.
株式会社hokan
-Tokyo, JapanThe startup provides an insurance management tool that analyzes insurance policies and generates visual data representations, such as charts and graphs, to facilitate the digitization of policy documents. This tool enables insurance agents to efficiently manage and access contract information, improving workflow and reducing manual data entry errors.
Funding: $10M+
Rough estimate of the amount of funding raised
Najeeb.Ai
-Riyadh, Saudi ArabiaNajeeb.ai provides AI-driven solutions for health insurance companies and healthcare providers, focusing on claims processing, fraud detection, and compliance with regulatory standards. By utilizing real-time analytics and decision support systems, Najeeb.ai reduces claims rejection rates and enhances operational efficiency, ultimately improving patient care and satisfaction.
Anur Tech
-Chennai, IndiaThis startup provides cloud-based financial services that utilize artificial intelligence and machine learning for pre-insurance verification, video customer due diligence, and online policy management. By enabling banking and insurance institutions to deliver personalized digital financial services, the company enhances customer engagement and operational efficiency.
Funding: $500K+
Rough estimate of the amount of funding raised
IB
-Ebisu, JapanIB is an insurance management app that digitizes and consolidates users' insurance policies, allowing for easy access and sharing among family members. The platform identifies potential claims based on user-reported incidents, helping to prevent missed opportunities for insurance payouts.
Funding: $2M+
Rough estimate of the amount of funding raised
Welgram
-Göd, South KoreaWelgram is a big data-driven insurance aggregator platform that utilizes automated data collection and analysis techniques to evaluate and compare insurance products based on objective criteria. By employing its proprietary insurance product evaluation index, the "BQ," Welgram enables users to easily identify the most cost-effective insurance options tailored to their needs.
Funding: $3M+
Rough estimate of the amount of funding raised
Underwriter Inc.
-Seoul, South KoreaThe startup has developed an underwriting platform that utilizes data analytics to deliver personalized insurance solutions at lower costs. By implementing targeted risk assessment and cost reduction strategies, the platform provides financial consumers with more affordable insurance options compared to traditional products.
Funding: $500K+
Rough estimate of the amount of funding raised