Technological Transformation in the Insurance Industry

Technological Transformation in the Insurance Industry

In the rapidly evolving world of insurance, AI agents are playing an increasingly important role. These agents are specialized software programs that use artificial intelligence to automate tasks that would normally require human intervention. They offer not only efficiency but also personalized customer service that revolutionizes the traditional service approach.

Switzerland's First AI Premium Calculator: A Milestone

An outstanding example of the use of AI agents is the recently introduced AI premium calculator PrimAI.ch, developed by Unterwaldner Insurance in collaboration with Evoya AI.

And this is how the AI premium calculator works: Imagine you are moving from St. Gallen to Geneva and wondering how your health insurance premium will change. Such questions could previously only be directed to personal brokers or trusted providers. Thanks to AI technology combined with real-time data, such information can now be easily accessed online. The premium calculator works as intuitively as a conversation with an advisor: All it needs is the postal code, year of birth, and the desired deductible, and within seconds the available rates and insurance models are displayed. If desired, the requested quote is even sent fully automated by email.

Transparency and Independence Through Real-Time Data

PrimAI.ch uses the official data from Priminfo.ch in real-time to provide transparent and independent answers. The AI agent accesses this data to provide users with current information and facilitate informed decisions. Access to supplementary insurance is also planned to follow, as VVG premiums vary greatly depending on the insurance company and are not openly accessible. These must be individually requested from the companies and fed into the system.

The Commitment of the Evoya AI Team

The Evoya AI team is proud to be part of this groundbreaking development and continuously works on additional AI solutions that make the advisory process in the insurance industry more efficient. Evoya AI's innovative AI agent stack, which utilizes data from Priminfo.ch, forms the heart of this transformation.

Efficient Premium Calculation for Newcomers to Switzerland Through AI

Another innovation that utilizes Evoya AI's AI technology is the optimized premium calculation for newcomers to Switzerland. The premium calculator from insurance-guide.ch works seamlessly with the AI bot from PrimeRelocation to efficiently process data such as changes of residence. This collaboration makes it possible to quickly and precisely create personalized insurance offers that are precisely tailored to the individual needs of users. This applies not only to newcomers but also to people living in Switzerland, including Swiss citizens. The underlying technology platform ensures the necessary efficiency and accuracy, providing users with a transparent and time-saving overview of the best available premiums.

Outlook on Future Innovations

Stay tuned for further innovations that will sustainably change the insurance industry. Read in the Handelszeitung article how we are actively shaping the future of the insurance industry.