AiDA Technologies, a subsidiary of Amplify Health, is a leading provider of artificial intelligence and machine learning solutions specifically for the insurance sector. It caters to both tier-1 and tier-2 insurers with a suite of smart AI products.Traditional insurance companies in Asia, having access to rich data, are in a prime position to drive technology-driven innovation. AiDA Technologies helps them leverage this data effectively.
One of the key benefits of AiDA's solutions is the acceleration of processes. For instance, it provides the necessary tools to expedite often tedious and error-prone claims processes, saving valuable time and resources. Additionally, with its predictive analytics capabilities, it can detect the risk of leakages. Potentially suspicious activity can be flagged, enabling the detection of Fraud, Waste and Abuse (FWA).
The AiDA Difference lies in several aspects. It offers a cost-effective, low-code, highly configurable solution with a pay-per-use model. Its team consists of award-winning PhD-level data scientists with domain expertise, ensuring high-quality service. The deployment options of PaaS, SaaS or On-Premise, along with advanced integration capabilities, make it easy to implement. And it provides a personalised suite of products tailored to different types of insurers.
Moreover, AiDA Technologies' solutions can detect activities not foreseen by pre-determined rules, analyze unstructured data like social media, provide key insights such as partial approval cases and meaningful rejection reasons, and are compliant with all FSI requirements and SG:D accredited. In conclusion, AiDA Technologies brings the latest in machine and deep learning capabilities to give insurance businesses a technological edge over their competitors.
