To predict the overall risk of any consumer before buying any insurance product this POC is created. We ask different questions and based on the answers we predict the overall risk and based on the risk score; AI engine will recommend the insurance product. This POC uses Angular for creating dynamic forms and uses machine learning to predict insurance risk, and after risk prediction user will be recommended the best insurance plan.
The primary application features are following:
- Risk Calculation with the help of AI/ML algorithms.
- Enables user to create the question forms dynamically (Forms which can be used to ask information about the user.)
- Third-party data integration.
- Creating the plans/products which can be recommended to user.
Technology: Python, Machine Learning (For Risk Prediction), Angular 8 for UI