New

i3systems

The AI engine Fit Assessment

Beta

i3systems develops AI solutions that automate claims processing and include fraud detection capabilities.

Blurb

Data Analytics, Machine Learning, Natural Language Processing, Insurance Underwriting, Insurance Fraud Detection, Diagnostics Intelligence

HQ Location

Mumbai (India)

Founded

2016

Employees

51 - 200

Total funding raised

$2.50M

Funding Status

Seed, $1.50M, September 10, 2020

Founded in 2016, i3systems provides specialist Automation products for deep-automation of high-volume repetitive processes. The Product has ready-to-use AI and NLP models called PowerBots, which are packaged on its PowerAI platform. PowerBots is the only deployment-platform agnostic packaged-suite available in the market, which can consume raw data in the form of unstructured (free-text), Semi-structured(invoices), and structured (ID-cards) data in real-time. 



We currently serve large scale Enterprise in Insurance and Financial Services industries across India and UAE and are a market leader in the Indian Health Insurance AI space. Our clients have witnessed a 70% decrease in processing time and cost and improvement in customer NPS.



Since our Platform is Python-based, all AI models are pre-trained and can be deployed on private cloud and on-premise servers - our customers find much higher long term value from working with us.

We have a Big new Product Launch coming in June 2021 for the entire AI community across the World! StayTuned