SmartSure: Revolutionizing Insurance with AI

Empowering a healthier you, smarter insurance too.

Welcome to SmartSure, an innovative project designed to transform the insurance industry using cutting-edge AI technologies. This project was developed by Akshansh Dwivedi for the Finovate Hacks competition.

Table of Contents

• Introduction
• Features
  • AI-Powered Customer Support
  • Fitness Score Calculator
  • AI-Driven Base Plan Recommendations
  • Customizable Insurance Plan Generator
• Installation
• Usage
• Active Contributor
• Contributing
• License

Introduction

SmartSure is a comprehensive platform that leverages artificial intelligence to provide personalized insurance solutions. It offers a range of features designed to enhance the user experience, from AI-powered customer support to dynamic plan generation.

Features

AI-Powered Customer Support

• Technology Used: Mistral and Hugging Face API for natural language processing.
• Datasets: Trained on extensive datasets, including 100+ insurance QA pairs and a dataset with 50,000 rows provided by YouData.ai.
• Performance: Achieves 95% accuracy in query resolution.
• Impact: Significantly reduces customer service response time, ensuring swift and efficient support.

Fitness Score Calculator and Certificate Generator

• Technology Used: Random Forest AI-ML Model.
• Datasets: Trained on over 50,000 health and claims data points from a YouData.ai dataset.
• Performance: Achieves 92% accuracy in predicting health risks.
• Impact: Factors in 15+ health metrics, such as blood pressure, BMI, and sleep quality, to offer up to 30% premium discounts based on fitness levels.
• Certificate: Provides a detailed, personalized Fitness Certificate with 10+ parameters.

AI-Driven Base Plan Recommendations

• Technology Used: K-Nearest Neighbors (KNN) AI-ML Model.
• Datasets: Trained on 60,000+ insurance records from a YouData.ai dataset.
• Performance: Provides personalized recommendations with 88% accuracy in plan matching.
• Impact: Considers 10+ user parameters, including age, income, and occupation, offering interactive data visualizations for trend analysis.

Customizable Insurance Plan Generator

• Technology Used: Neural Networks AI-ML Model with 3 layers.
• Datasets: Utilizes data from a YouData.ai dataset.
• Performance: Provides dynamic pricing with 95% accuracy compared to traditional actuarial methods.
• Impact: Generates personalized plans in under 5 seconds based on 6 key parameters: age, gender, profession, fitness score, insurance type, and coverage amount.

Installation

To install and run SmartSure locally, follow these steps:

1. Clone the repository:

   git clone https://github.com/En1gma02/SmartSure
   cd SmartSure

2. Create a virtual environment:

   python -m venv venv
   source venv/bin/activate   # On Windows, use `venv\Scripts\activate`

3. Install the required dependencies:

   pip install -r requirements.txt

4. Run the application:

   streamlit run main.py

Usage

Once the application is running, you can explore the following features:

• AI-Powered Customer Support: Ask any insurance-related question and receive instant, accurate responses.
• Fitness Score Calculator: Input your health metrics to calculate your fitness score and potential premium discounts.
• AI-Driven Base Plan Recommendations: Get personalized insurance plan recommendations based on your user profile.
• Customizable Insurance Plan Generator: Tailor an insurance plan to your specific needs and receive dynamic pricing instantly.
• Dynamic Business Dashboard: Access real-time sales insights tailored to your chosen parameters, along with their respective visualizations.

Active Contributor

---

Contributing

Contributions to SmartSure are welcome! If you have any ideas, suggestions, or bug reports, please open an issue or submit a pull request. For major changes, please open an issue first to discuss the proposed changes.

License

This project is licensed under the MIT License. See the LICENSE file for more details.