Kotak launches automation of vehicle inspection for insurance renewals

Kotak Mahindra General Insurance has launched an automation of vehicle inspection for insurance renewals with Artificial Intelligence based technology.

The company has partnered with Inspektlabs to automate the vehicle inspection process.

Aim: Help in the renewal process as well as to detect fraud thereby aiding the underwriting process.

During policy renewals process, the customers can capture photos or videos of their vehicle and upload them on the cloud-based App.