The financial sector can verify hundreds of thousands of loan or insurance applications using PInCER’s technology-based solution. Using this application, insurance companies can verify the correctness of information provided by the farmers, farm ownership, and acreage.
This technology-based solution helps insurance companies to verify hundreds of thousands of crop insurance policies in a short time
- Verifies the correctness of village, farm ownership, and acreage as mentioned in the policy
- Verifies processes using large-scale automation and machine learning
- Verifying farms could be fast-tracked for claims settlement
- Helps insurance companies assess the probability of moral hazard
- Helps insurance company in building a reputation for rapid response to farm distress and early claim settlement