AI-Powered Solutions for Insurance Inspection: Enhancing Accuracy and Efficiency
Advancements in artificial intelligence (AI) are revolutionizing the insurance industry, particularly in the domain of inspection and claims processing. By integrating machine learning algorithms and computer vision techniques, AI-powered systems are capable of assessing property damage, detecting anomalies, and estimating repair costs with a level of accuracy and speed that surpasses traditional methods. These systems minimize human error, enhance decision-making capabilities, and enable real-time analysis of vast amounts of data. The benefits of such automation extend to reducing claim processing times, standardizing inspection outcomes, and improving customer satisfaction by delivering faster and more reliable assessments. Furthermore, the application of AI technologies facilitates the identification of fraudulent claims and ensures compliance with regulatory standards. This study evaluates existing AI frameworks, benchmarks their performance, and explores their deployment across diverse insurance scenarios. By analyzing real-world applications and challenges, the research underscores the transformative potential of AI in reshaping the inspection and claims processes, ultimately paving the way for a more efficient, accurate, and customer-centric insurance sector.
Authors
- Shreya G. Tendulkar
Institutions
- Savitribai Phule Pune University (IN)
Publication Details
- Published
- 2025-03-14
- DOI
- https://doi.org/10.1109/icoact63339.2025.11004702
- Citations
- 3
- Primary Topic
- Impact of AI and Big Data on Business and Society
- Type
- article
- Field-Weighted Citation Impact
- 6.32