Symplfy.ai is an insuretech company that provides remote automated risk assessment solution to the general insurance companies.

At the heart of a general Insurance company business is the role to assess the risk of various assets it insures such as vehicles, property, crop, etc. Currently risk assessments are manual and rely on human skill and judgement. Manual risk assessment lead to problems of higher costs, longer turnaround times, subjective assessments, fraud and also limits scalability of business.

Symplfy.ai solves the manual risk assessment problems by using AI and related technologies to deliver risk assessments in a remote and automated manner
Remote Automated Risk Assessments globally is a USD 52 Bn opportunity. Symplfy will target Emerging markets (over USD 9Bn) and in the initial phase of 3-5 years target Middle East, India and South East Asia region (market worth over USD 2.5 Bn)
Symplfy.ai has developed comprehensive risk assessment platform covering assets such as motor, commercial property, marine, cyber. The platform is unique in that it brings diverse data (images, video, drone, IOT sensors and third party data) and diverse AI technologies ( Computer Vision, Generative AI and ML algorithms) together in one platform and delivers curated insights for underwriters, risk engineers and claims community in the insurance industry.

Symplfy.ai is currently revenue generating and is working with clients across 4 countries (India, UAE, Oman and Egypt). Symplfy has registered and onboarded over 70 users across 20 insurers and brokers.

Symplfy.ai is a proud Winner of the MENA Insurtech Competition in 2023 in the Early Stage category and selected to be part of the Qatar Development Bank Accelerator program in 2023.

Product Demo Video – Click Here