AI-Powered Watch Insurance
AI-Powered Watch Insurance Case Study (Baloise, Snapsure).
AI WATCH INSURANCEBaloise Group
Context
Baloise sought to create a more engaging user-journey for insurance products, partly through the use of image-recognition AI.
After discussing pilot ideas, KASKO’s task was to support the creation of a watch-insurance product using photo-recognition AI provided by Picsure. Baloise wanted the project ready for their AGM and Basel World in three weeks time.
The product had to be designed and built using technology which had never been utilised in Europe to offer insurance, but the success pilot justified further investment and now Baloise uses the same photo AI to insure dozens of product categories.
KEY RESULTS