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AI for insurers in India

Deterministic policy-document extraction and claim-eligibility review against real policy data — plus endorsement drafting, on infrastructure you control.

Policy-document extraction

Structured fields — sum insured, premium, policy dates, exclusions — pulled from a real policy PDF / scan / DOCX by deterministic pattern matching. No LLM in the field parsing.

Claim eligibility review

Checks a claim against policy validity, sum insured, waiting period and named exclusions against the extracted policy data — real checks, no mocked figures.

Endorsement wording

Generates policy-endorsement wording as a .docx from a structural template; the change details you supply are reproduced verbatim.

Insurance persona

The insurance persona is scoped to explaining policy terms, claims process and risk-management concepts, with an insurance-specific disclosure on every response. It is general information, not advice on buying or claiming.

Sovereign by design

Runs on your own infrastructure — policyholder and claim data is never sent to a third-party AI provider; per-tenant isolation, malware scanning on uploads, immutable audit log.

What this is not. Educational information only. FinRace is not an IRDAI-registered insurance intermediary (agent, broker or web aggregator) and does not recommend or sell policies. The output is analytical support, not a decision: it is not an underwriting decision, a claim settlement, or a broking recommendation, and FinRace does not name, rank or compare policies or insurers for you. Policy-comparison and claims-ratio benchmarking tools are not available, and IRDAI circular search is not offered yet.

Also for chartered accountants, law firms, banks & NBFCs, company secretaries, insurers, stockbrokers and HR teams.