Case Study - Command your risk

Overview Asset Pro is a cutting-edge web and mobile platform designed to revolutionize the way individuals and businesses manage insurance risk. With its slogan, "Command Your Risk," Asset Pro empowers users by providing a comprehensive and intuitive solution to analyze their insurance policies and optimize coverage. The platform leverages advanced AI technology to deliver personalized recommendations, helping users make informed decisions and mitigate financial risks.

Client Objective The client envisioned a platform that would simplify insurance management for two distinct audiences:

1. Individual Users: A mobile app tailored for personal lines of coverage, allowing users to upload their policies and receive actionable insights.
2. Commercial Users: A web application designed for businesses, offering scalable solutions to manage complex insurance portfolios and ensure adequate coverage for growth.

The primary goal was to create an intuitive, secure, and scalable platform that could bridge the gap between users and the often-complicated world of insurance.

Solution To achieve the client’s vision, Proxy Digital designed and developed a dual-platform solution comprising a mobile app for individuals and a web application for businesses. Here’s how we delivered:

Mobile App for Individuals

• Core Features:

  • Policy Upload: Users can take a photo or upload digital copies of their insurance policies.
  • AI-Powered Analysis: The app’s AI scans policy details to identify gaps, overlaps, or redundant coverage.
  • Recommendations: Personalized suggestions for policy changes or additions to ensure comprehensive protection.
  • Push Notifications: Alerts for renewal deadlines, premium changes, and policy updates.

• User Experience:

  • Designed with a mobile-first approach, ensuring seamless navigation and ease of use.
  • A clean, minimalistic interface that makes insurance management less intimidating.

Web Application for Businesses

• Core Features:

  • Bulk Policy Management: Upload and manage multiple insurance policies simultaneously.
  • Risk Assessment Dashboard: Visual insights into coverage gaps, liability risks, and recommendations for scaling coverage as the business grows.
  • Collaboration Tools: Role-based access for team members, enabling shared oversight of insurance portfolios.
  • Automated Reporting: Exportable reports summarizing policy insights and recommendations for stakeholders.

• User Experience:

  • A responsive design optimized for desktop and tablet users.
  • Intuitive navigation with advanced search and filtering capabilities for large policy sets.

Technology Stack

• Front-End: React Native for the mobile app and React for the web application, ensuring a consistent user experience across platforms.
• Back-End: Apollo GraphQL API for efficient data querying and real-time updates.
• AI Engine: Custom machine learning models to analyze policy documents and generate insights.
• Database: PostgreSQL, hosted on Heroku for secure and scalable data management.
• Security: End-to-end encryption, GDPR compliance, and role-based access control to safeguard user data.

Impact Asset Pro has delivered significant value to its users:

• Individual Users:

  • 85% of users reported improved confidence in their insurance coverage.
  • Average policy optimization suggested savings of 20%.

• Commercial Users:

  • Reduced risk exposure by an average of 30%.
  • Streamlined policy management for businesses with complex insurance portfolios.

Client Feedback “Proxy Digital delivered a seamless solution that exceeded our expectations. The AI-powered insights have been a game-changer for our users, making insurance management straightforward and actionable.” — Asset Pro Founder

Future Plans Proxy Digital is collaborating with Asset Pro to expand platform capabilities, including:

• Integration with Insurance Providers: Directly connect users with insurance carriers for faster policy updates and renewals.
• Advanced AI Models: Enhance recommendation accuracy using predictive analytics and industry benchmarks.
• Global Expansion: Adapt the platform for international markets with localized insurance regulations and policies.

Conclusion Asset Pro stands as a testament to Proxy Digital’s commitment to delivering innovative, user-centric solutions. By empowering users to "Command Your Risk," the platform not only simplifies insurance management but also fosters financial security and peace of mind. With its scalable architecture and advanced AI capabilities, Asset Pro is poised to transform the insurance industry.

What we did