The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the 2nd runner-up for its project `Automated Death Claim Settlement’
Hyderabad:
The IRDAI has announced three winners for its first hackathon – “Bima Manthan 2022” with the theme `Innovation in Insurance’.
The winners are- AiBorne Tech, which has won the contest for its ` Motor Fraud Prevention/Mitigation’ project, Policybazaar Insurance Brokers Private Limited has become the 1st runner in the contest for its project `Last mile insurance coverage’ while Vlinder is the 2nd runner-up for its project `Automated Death Claim Settlement’
The insurance regulator had organized the hackathon on August 14, 2022 by inviting participants to identify and develop solutions that have the potential to make the insurance available to every individual in a seamless and swift manner with the use of technology and protecting the interests of the policyholders.