Kotak Mutual Fund

From 48 Hrs to 90 Sec: AI automates insurance verification for 95% of cases.

Built an AI-powered insurance verification platform that automates document processing, policy validation, fraud detection, and decision-making—helping insurers reduce manual effort, accelerate claims, and improve accuracy.

Kotak Mutual Fund
Industry
Finance
Platform
Web & Mobile
Services
AI, Fronted Dev, Backend Dev
Laptop displaying the Kotak Business Hub dashboard on a rocky pedestal

Built From Scratch.
Built to Scale.

We turn early-stage ideas into production-ready products and platforms with strategy, design, engineering, and cloud under one team.

Overview

A general insurance company approached our technology solutions team to modernize its insurance verification process. The existing process took 1–2 days and required significant backend resources, resulting in high operational costs and limited scalability. The client also wanted to improve opportunities for new customer acquisition.

Challenge

The manual verification process struggled to handle a growing volume of requests efficiently. Customers faced longer wait times, while the business relied on a large backend team to process and verify applications. The system also needed to support different vehicle types and a mobile-first customer journey.

Strategy

We identified 12 critical use cases for policy issuance and developed an AI/ML-powered verification solution with a high-performance API architecture. The solution automated key verification steps, enabled customers to initiate the process through their smartphones, and supported multiple vehicle categories, including bikes, cars, buses, and trucks.

Conclusion & Impact

Conclusion

The solution transformed a manual, resource-intensive process into a scalable digital workflow, enabling faster customer onboarding and creating new opportunities for business growth.

Impact we have created

Our AI/ML-based solution enabled the insurance company to reduce processing times, resulting in low operational costs and an increase in new customer addition opportunities. The client was able to provide a better customer experience, resulting in more sales and a positive impact on their business.

Lesser Processing Time
93%
To Verify Case & Generate Report
90 Sec
Cases Are Cleared Automatically Now
90%
Hours Of Work Automated Each Month
1,000+
  • AI Powered Verification

    Automated key verification steps using AI/ML to process customer data faster and more accurately.

  • Mobile-First Processing

    Enabled customers to initiate verification from their smartphones through a high-performance API-based platform.

Testimonials

Hear from Leaders

Kinjal

Working with Asmadiya has been an absolute pleasure! They not only provided us with expert advice and guidance but also took care of our web and mobile app redesign in a seamless manner. It's been an ongoing partnership of 3.5 years now, and I'm thrilled to say that we were their first client. They continue to manage our platform properly, ensuring that it meets our needs and exceeds our expectations. They know exactly what we need, and I'm confident that this partnership will continue for years to come.

Kinjal

Digital & Marketing Head
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Rakesh Thadani

Asmadiya developed our distributor app. Works flawlessly and is well received by our customers. Bugs were resolved in a woosh! The support was phenomenal. We're all set to work with them for our next project as well!

Rakesh Thadani

Market Segment Manager
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Vignesh Kumaran

It was always pleasure working with Asmadiya, a team whom you can trust to solve your technology requirements, More than just being a tech partner they stepup to help you in solving things which is not bounded within their scope I specially like the culture that they have build in the team which is more client centric.

Vignesh Kumaran

Digital Products - Head
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Sujoy D.

The DHL As One App has over a 90% active user base. This app has made it easy for our brand message to be communicated through the organization.

Sujoy D.

VP (HR)
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Contact

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Pune (HQ), Lucknow, India
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Dubai, UAE

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FAQ

Frequently Asked Questions

What services does Asmadiya Technologies offer?

We offer AI/ML, software development, cloud, DevOps, cybersecurity, and digital transformation services.

Who do you typically work with?

We partner with enterprises, growing businesses, and product teams across industries to solve complex technology challenges.

Can you work with our in-house development team?

Yes, we collaborate with your team to provide expertise, accelerate development, and achieve your business goals.

Do you provide end-to-end solutions?

Yes, we support the entire journey, from consulting and development to deployment and optimization.

How long does a typical project take?

Timelines depend on project complexity, ranging from a few weeks to several months.