Can AI Revolutionise Health Insurance Industry Through Predictive Analytics and Software?

• DESAISIV, a London-based startup, leverages Artificial Intelligence and Predictive Analytics to revolutionize health insurance.
• The startup, operating in the insurTech B2B sector, offers an advanced AI Software as a Service (SaaS) system tailored for health and life insurers.
• By utilizing billions of data points from insurers’ information systems and other external sources, DESAISIV optimizes underwriting and reduces insurance loss-ratio.
• DESAISIV’s technology could lead the path toward personalized, data-driven risk assessments and treatment plans in the future.

Health insurance is a complex and ever-evolving industry. With the ongoing digitization, companies within it are constantly seeking new ways to streamline processes, offer personalized policies and ultimately serve their policyholders better. One London-based startup, DESAISIV is disrupting the spectrum of health and life insurance by leveraging Artificial Intelligence (AI), Predictive Analytics, and Machine Learning. Trending as a trailblazer in the InsurTech B2B space, DESAISIV offers a unique AI Software as a Service (SaaS) that is changing the game in health insurance.

DESAISIV’s proprietary technological product encompasses tens of thousands of features and processes billions of data points extracted from insurers’ systems and other external data sources. In doing so, it is setting new benchmarks for insurance underwriting by creating a foundation of precision and foresight. The startup is reinventing the wheel by not only identifying forthcoming developing diseases but also optimizing underwriting with data-driven personalized risks, hence reducing loss-ratio.

So, what truly sets DESAISIV apart? Firstly, it is the sheer magnitude of their data-driven approach. When billions of data points are analyzed with intelligent AI systems, it allows for incredible accuracy and reliability in predicting forthcoming developing diseases. Secondly, this vast data analysis also applies in altering insurance policies. Unlike traditional ‘one-size-fits-all’ policies, DESAISIV offers customized solutions according to the specific, calculated risks identified by their AI system. Ultimately, this personalised, data-driven approach benefits all involved – insurers experience reduced loss-ratios, whereas policyholders enjoy tailored policies and enhanced services.

Furthermore, their technology also affords population health insights with suggestions regarding treatment plans, acting as a crucial bridge between the insurance and healthcare sectors. In essence, what DESAISIV is developing is a holistic ecosystem where AI-powered analytics can powerfully shape multiple aspects of the health insurance industry.

Looking to the future, it is clear that startups like DESAISIV are only just starting to unravel the enormous potential of AI and predictive analytics in the health insurance industry. As technologies mature, and as data continues to grow, there’s no telling what further transformations may lie ahead. One thing is for certain though, DESAISIV is leading the pack in this revolution, bringing unprecedented changes to the way health insurance operates.

This ambition is reflected in its dynamism being perceived in InsurTech industry. DESAISIV is undoubtedly a startup to watch as it continues to push the boundaries of AI and predictive analytics in health insurance. For more insights into their pioneering work, follow them on Twitter, Facebook, and LinkedIn or visit their website.