• About Us
  • Contact Us
Current Date

  • Login
  • Register
B2B Market Media
Latest Event
  • Home
  • Fintech
    Techfino raises Rs 65 crore to scale secured MSME lending

    Techfino raises Rs 65 crore to scale secured MSME lending

    FlexiLoans bags Rs 375 crore in equity funding in Series C round

    FlexiLoans bags Rs 375 crore in equity funding in Series C round

    UGRO Capital to raise Rs 1,315 crore for MSME lending expansion

    UGRO Capital to raise Rs 1,315 crore for MSME lending expansion

    MobiKwik unveils Pocket UPI for better budgeting and security

    MobiKwik unveils Pocket UPI for better budgeting and security

    Zaggle and Mesh Payments to advance global spend management market for India

    Zaggle and Mesh Payments to advance global spend management market for India

    BharatPe raises Rs 125 crore in debt funding for business expansion

    BharatPe raises Rs 125 crore in debt funding for business expansion

  • BFSI
    J&K Bank introduces API-based open banking services for corporate clients

    J&K Bank introduces API-based open banking services for corporate clients

    Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

    Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

    UGRO Capital appoints Anuj Pandey as new CEO

    UGRO Capital appoints Anuj Pandey as new CEO

    Vakrangee expands service portfolio with Ageas Federal Life Insurance

    Vakrangee expands service portfolio with Ageas Federal Life Insurance

    IndusInd Bank bags recognition for digital payments excellence

    IndusInd Bank bags recognition for digital payments excellence

    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

  • Education
    Logic School of Management and IAB unveil CIAP program to empower global accounting professionals

    Logic School of Management and IAB unveil CIAP program to empower global accounting professionals

    Veranda Learning Solutions reports robust FY25 performance

    Veranda Learning Solutions reports robust FY25 performance

    Punjab strengthening higher education with strategic reforms

    Punjab strengthening higher education with strategic reforms

    Technology and innovation shine at WEBCon 2025 in Chandigarh

    Technology and innovation shine at WEBCon 2025 in Chandigarh

    Driving academic excellence via examination reforms, digital transformation and global collaborations

    Exclusive | Globalisation in higher education: Making Indian universities world-class author 

    Exclusive | Globalisation in higher education: Making Indian universities world-class author 

  • Enterprise
    B2B Market Media | The Founder Media hosts Jury Meet for OOH Phoenix Awards 2025

    B2B Market Media | The Founder Media hosts Jury Meet for OOH Phoenix Awards 2025

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Bharti Airtel and Bajaj Finance join forces to build digital financial platform

    Abhinandan Narayan joins Revfin as Chief Business Officer

    Abhinandan Narayan joins Revfin as Chief Business Officer

    Swiggy elevates Sidharth Bhakoo as Chief Business Officer – Food Marketplace 

    Swiggy elevates Sidharth Bhakoo as Chief Business Officer – Food Marketplace 

    Usha Financial Services’s IPO sees strong demand, oversubscribes 1.31x on day one

    Nupur Recyclers reports strong Q2 FY25 financial performance, announces strategic expansion plans

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

    Paytm Payments Bank names Manish Kumar as Chief Human Resources Officer

  • Health
    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    Healerji to redefine holistic healing and wellness

    Healerji to redefine holistic healing and wellness

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    CCI approves acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund

    Bajaj Finserv Health acquires Vidal Health Care

    Perfios gets $229 million from Kedaara Capital

    Answer Genomics raises $500K in Pre-Series A Round from Inflection Point Ventures

    Perfios gets $229 million from Kedaara Capital

    Doceree raises $35 million in Series B funding, led by Creaegis

  • Pharma
    Kaisha Packaging’s Sycure AD bags Red Dot Award

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    REC Limited signs $100 million foreign currency term loan agreement with EXIM Bank

    Cosmo and Glenmark sign distribution and licence agreements for Winlevi in Europe and South Africa

    Citi invests in Peru’s fintech firm Rextie

    Cabinet approves FDI in Suven Pharmaceuticals

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    First Indian intranasal Covid vaccine to be launched on Republic Day

    First Indian intranasal Covid vaccine to be launched on Republic Day

  • Technology
    Nucleus Software welcomes Aabhinna Suresh Khare as its new CMO

    Nucleus Software welcomes Aabhinna Suresh Khare as its new CMO

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    Poonawalla Fincorp introduces AI-backed regulatory response engine

    Poonawalla Fincorp introduces AI-backed regulatory response engine

    GoTrust raises $400K pre-seed funding to solidify data compliance offerings

    GoTrust raises $400K pre-seed funding to solidify data compliance offerings

    Coforge implements AI-driven Dispute Management module for financial services

    Coforge implements AI-driven Dispute Management module for financial services

  • Interviews
    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Digital shift, local impact: How Janata Sahakari Bank is balancing legacy with innovation

    Digital shift, local impact: How Janata Sahakari Bank is balancing legacy with innovation

    Powering financial access in India

    Powering financial access in India

    Decimal Technologies scaling BFSI innovation with ‘no-code’ leadership

    Decimal Technologies scaling BFSI innovation with ‘no-code’ leadership

    Optimising FinTech with cloud: Faster, smarter and more secure

    Optimising FinTech with cloud: Faster, smarter and more secure

    Simplicity in technology makes life and business enjoyable

    Simplicity in technology makes life and business enjoyable

  • Events
  • Home
  • Fintech
    Techfino raises Rs 65 crore to scale secured MSME lending

    Techfino raises Rs 65 crore to scale secured MSME lending

    FlexiLoans bags Rs 375 crore in equity funding in Series C round

    FlexiLoans bags Rs 375 crore in equity funding in Series C round

    UGRO Capital to raise Rs 1,315 crore for MSME lending expansion

    UGRO Capital to raise Rs 1,315 crore for MSME lending expansion

    MobiKwik unveils Pocket UPI for better budgeting and security

    MobiKwik unveils Pocket UPI for better budgeting and security

    Zaggle and Mesh Payments to advance global spend management market for India

    Zaggle and Mesh Payments to advance global spend management market for India

    BharatPe raises Rs 125 crore in debt funding for business expansion

    BharatPe raises Rs 125 crore in debt funding for business expansion

  • BFSI
    J&K Bank introduces API-based open banking services for corporate clients

    J&K Bank introduces API-based open banking services for corporate clients

    Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

    Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

    UGRO Capital appoints Anuj Pandey as new CEO

    UGRO Capital appoints Anuj Pandey as new CEO

    Vakrangee expands service portfolio with Ageas Federal Life Insurance

    Vakrangee expands service portfolio with Ageas Federal Life Insurance

    IndusInd Bank bags recognition for digital payments excellence

    IndusInd Bank bags recognition for digital payments excellence

    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

  • Education
    Logic School of Management and IAB unveil CIAP program to empower global accounting professionals

    Logic School of Management and IAB unveil CIAP program to empower global accounting professionals

    Veranda Learning Solutions reports robust FY25 performance

    Veranda Learning Solutions reports robust FY25 performance

    Punjab strengthening higher education with strategic reforms

    Punjab strengthening higher education with strategic reforms

    Technology and innovation shine at WEBCon 2025 in Chandigarh

    Technology and innovation shine at WEBCon 2025 in Chandigarh

    Driving academic excellence via examination reforms, digital transformation and global collaborations

    Exclusive | Globalisation in higher education: Making Indian universities world-class author 

    Exclusive | Globalisation in higher education: Making Indian universities world-class author 

  • Enterprise
    B2B Market Media | The Founder Media hosts Jury Meet for OOH Phoenix Awards 2025

    B2B Market Media | The Founder Media hosts Jury Meet for OOH Phoenix Awards 2025

    Cashfree Payments and Shopify partner to introduce onsite payments for Indian merchants

    Bharti Airtel and Bajaj Finance join forces to build digital financial platform

    Abhinandan Narayan joins Revfin as Chief Business Officer

    Abhinandan Narayan joins Revfin as Chief Business Officer

    Swiggy elevates Sidharth Bhakoo as Chief Business Officer – Food Marketplace 

    Swiggy elevates Sidharth Bhakoo as Chief Business Officer – Food Marketplace 

    Usha Financial Services’s IPO sees strong demand, oversubscribes 1.31x on day one

    Nupur Recyclers reports strong Q2 FY25 financial performance, announces strategic expansion plans

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

    Paytm Payments Bank names Manish Kumar as Chief Human Resources Officer

  • Health
    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    Healerji to redefine holistic healing and wellness

    Healerji to redefine holistic healing and wellness

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    CCI approves acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund

    Bajaj Finserv Health acquires Vidal Health Care

    Perfios gets $229 million from Kedaara Capital

    Answer Genomics raises $500K in Pre-Series A Round from Inflection Point Ventures

    Perfios gets $229 million from Kedaara Capital

    Doceree raises $35 million in Series B funding, led by Creaegis

  • Pharma
    Kaisha Packaging’s Sycure AD bags Red Dot Award

    Kaisha Packaging’s Sycure AD bags Red Dot Award

    REC Limited signs $100 million foreign currency term loan agreement with EXIM Bank

    Cosmo and Glenmark sign distribution and licence agreements for Winlevi in Europe and South Africa

    Citi invests in Peru’s fintech firm Rextie

    Cabinet approves FDI in Suven Pharmaceuticals

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Transcell and Quantiphi develop Digital Animal Replacement Technology

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24

    First Indian intranasal Covid vaccine to be launched on Republic Day

    First Indian intranasal Covid vaccine to be launched on Republic Day

  • Technology
    Nucleus Software welcomes Aabhinna Suresh Khare as its new CMO

    Nucleus Software welcomes Aabhinna Suresh Khare as its new CMO

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    SS Innovations celebrates Nasdaq debut with vision for global healthcare impact

    Poonawalla Fincorp introduces AI-backed regulatory response engine

    Poonawalla Fincorp introduces AI-backed regulatory response engine

    GoTrust raises $400K pre-seed funding to solidify data compliance offerings

    GoTrust raises $400K pre-seed funding to solidify data compliance offerings

    Coforge implements AI-driven Dispute Management module for financial services

    Coforge implements AI-driven Dispute Management module for financial services

  • Interviews
    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Investing in ideas that matter: Aeravti Ventures on nurturing DeepTech talent

    Digital shift, local impact: How Janata Sahakari Bank is balancing legacy with innovation

    Digital shift, local impact: How Janata Sahakari Bank is balancing legacy with innovation

    Powering financial access in India

    Powering financial access in India

    Decimal Technologies scaling BFSI innovation with ‘no-code’ leadership

    Decimal Technologies scaling BFSI innovation with ‘no-code’ leadership

    Optimising FinTech with cloud: Faster, smarter and more secure

    Optimising FinTech with cloud: Faster, smarter and more secure

    Simplicity in technology makes life and business enjoyable

    Simplicity in technology makes life and business enjoyable

  • Events
No Result
View All Result
B2B Market Media
No Result
View All Result
Home BFSI

Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform

It is India’s first connected platform for intelligent data-driven underwriting decision with reduced fraud risk and faster policy issuance time

B2B Market Media by B2B Market Media
2 years ago
in BFSI, Technology
A A
0
Aditya Birla Sun Life Insurance and Artivatic.ai launch AI-based smart underwriting platform
1
SHARES
34
VIEWS
Share on FacebookShare on Twitter

Aditya Birla Sun Life Insurance (ABSLI) has unveiled an Artificial Intelligence (AI)/Machine Learning (ML)-driven underwriting platform in partnership with Artivatic.ai, an insurtech company and a division of RenewBuy.com. This collaboration signifies a change in the realm of life insurance underwriting in India, highlighting a focus on customer-oriented strategies and making decisions based on data analysis, the companies said in a joint statement.

The features of smart underwriting platform, as per the statement, include the following:

• It redefines the underwriting by harnessing the capabilities of AI and ML.

• It introduces an intelligent engine developed by Artivatic.ai, called AUSIS, which leverages cutting-edge technologies, including AI, ML and predictive analytics, to analyse vast datasets.

• By merging traditional underwriting principles with advanced algorithms, AUSIS empowers insurers to make informed and efficient underwriting decisions, resulting in expedited policy issuance.

• AUSIS, integrated with PRODX (no code rule configurator), provides seamless onboarding and underwriting experience.

• It provides a 360-degree view to the underwriter, along with an underwriting decision recommendation with scores and detailed insights.

Kamlesh Rao, MD and CEO, Aditya Birla Sun Life Insurance, said in the statement, “This partnership aligns with our commitment to harness technological advancements to offer innovative solutions to our customers and partners. In today’s digital era, our aim is to leverage the digital ecosystem for seamless and efficient insurance coverage. Platforms like AUSIS provide holistic customer views, aiding in selecting the right customers at the right price. In a digital world, risk and fraud mitigation are paramount, and Artivatic.ai has effectively addressed these aspects through this platform.”

Further, the statement said that the platform’s risk assessment capabilities offer insights into applicants’ profiles, helping insurers to make well-informed underwriting decisions. The platform also has advanced fraud-detection features to help strengthen risk mitigation and ensure a secure and trustworthy insurance ecosystem.

Explaining the power of the platform, Layak Singh, CoFounder and CEO, Artivatic.ai, commented in the statement, “AUSIS, in addition to AI/ML model, has highly configurable Business Rule Engine integrated to configure all underwriting guidelines and provide rule-based decisions. Its pre-trained models are integrated with capabilities to digitise data and ability to fetch multiple public information like Air Quality Index (AQI), disease prevalence through Application Programming Interfaces (APIs). These abilities help in enriching digital data and improve risk assessment and underwriting decisions with faster processing.”

0Like
0Dislike
50% LikesVS
50% Dislikes
Tags: Aditya Birla Sun Life InsuranceArtificial IntellligenceArtivatic.aiMachine Learning
Previous Post

India and UK hold 12th Economic and Financial Dialogue

Next Post

MobiKwik’s ‘Lens’  feature to improve financial wellness

B2B Market Media

B2B Market Media

Related Posts

J&K Bank introduces API-based open banking services for corporate clients
BFSI

J&K Bank introduces API-based open banking services for corporate clients

26/06/2025
Ambit Finvest and DCB Bank to boost MSME lending through co-lending model
BFSI

Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

26/06/2025
UGRO Capital appoints Anuj Pandey as new CEO
BFSI

UGRO Capital appoints Anuj Pandey as new CEO

25/06/2025
Next Post

MobiKwik’s ‘Lens’  feature to improve financial wellness

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

J&K Bank introduces API-based open banking services for corporate clients

J&K Bank introduces API-based open banking services for corporate clients

26/06/2025
Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

Ambit Finvest and DCB Bank to boost MSME lending through co-lending model

26/06/2025
UGRO Capital appoints Anuj Pandey as new CEO

UGRO Capital appoints Anuj Pandey as new CEO

25/06/2025
Vakrangee expands service portfolio with Ageas Federal Life Insurance

Vakrangee expands service portfolio with Ageas Federal Life Insurance

24/06/2025
Subscribe to our Newsletter
johnsmith@example.com
B2B Market Media

B2B Market Media emerges as your trusted partner for forging connections and fueling breakthroughs. Our mission is simple: to bridge the gap among industry leaders, innovators and decision-makers across sectors like Banks, Education, Urban Cooperative Banks, NBFCs & MFIs, and Insurance Companies.

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Refund Policy
  • Terms and Conditions

All News

  • BFSI
  • Edtech
  • Education
  • Enterprise
  • Financial Inclusion
  • Fintech
  • Health
  • Interviews
  • Pharma
  • Startup
  • Technology
  • Uncategorized

Follow Linkedin Newsletter to receive latest news & events updates. Let’s stay updated!

Subscribe on LinkedIn
  • About Us
  • Contact Us

© 2023 b2bmarketmedia

No Result
View All Result
  • Home
  • About Us
  • Upcoming Events
  • Fintech
  • BFSI
  • Education
  • Technology
  • Startup
  • Enterprise
  • Pharma
  • Contact Us
  • Login
  • Sign Up

© 2023 b2bmarketmedia

Welcome Back!

OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In