BravoAI

AI-powered claims automation and underwriting software for insurance carriers

Claims Technology Established Bootstrapped

Overview

BravoAI is an AI software company focused on automating insurance operations for life and non-life carriers in Taiwan. Founded in March 2017 by Jack Chao, the company develops solutions that apply computer vision, natural language processing, and deep learning to reduce administrative costs and accelerate claims processing for insurers.

The company's core offering is an automatic claim settlement platform for non-life insurers. The system processes documents, medical records, and property photographs to produce claim decisions at machine speed, achieving 98.5% accuracy and operating approximately 200 times faster than manual workflows. The platform is delivered as a software service targeting property insurers.

BravoAI is listed on FinTechSpace, Taiwan's fintech hub, and has documented deployments with property insurance firms including Tokio Marine Newa Insurance. The company addresses a known cost pressure in the Taiwan insurance market, where administrative expenses have historically consumed a large share of total premium income.

Products & Services

Automatic Non-Life Claim Settlement Solution

AI-driven platform that automates the review and adjudication of non-life insurance claims. The system processes structured and unstructured data including documents, medical images, and property photos to render claim decisions with high accuracy.

Key Features

Computer vision processing of medical images and property photographs
NLP-based document parsing and data extraction
Automated claim decision output with 98.5% accuracy
Processing speed approximately 200x faster than manual handling

Target Users: Non-life and property insurance carriers

Smart Insurance Application Screening

Planned solution using NLP and machine learning to automate validation and review of insurance applications, reducing underwriter workload and manual screening time.

Target Users: Life and non-life carriers

Insurance Portfolio Examination

Planned analytics solution for identifying patterns and anomalies across insurance portfolios, with a focus on fraud detection and risk exposure analysis.

Target Users: Carriers, risk management teams