HDFC Ergo to Boost Its Business With New AI Based Solutions

HDFC Ergo General Insurance Company, India’s third-largest non-life insurance company has come together with IBM to create new Artificial Intelligence based solutions on IBM cloud. This move by HDFC Ergo will help policy buyers choose the most relevant and affordable health insurance coverage.

HDFC Ergo is a private insurance provider which will now co-create new Artificial Intelligence based solutions in order to redefine user experience and allow its customers to have more attractive premiums for health insurance and other products down the line.

It has gained popularity as a reliable health insurance provider. The company has received the Best Customer Experience Award of the year and Excellence in financial reporting for the year 2016 and is still working towards making the experience better for its valuable customers.

This solution has been of great help for many. For instance, it has helped Apollo Munich to develop infrastructure and minimise manual efforts and maximise productivity.

When it comes to the financial, insurance, and banking sector, even State Bank of India (SBI) is carrying out diagnostics and analytics. It is also running personalised campaigns by using this technology on their data.

HDFC Ergo and IBM will work together to recognise data-driven and innovative ideas via short iterations on the continuous delivery schedule.