IoT Insurance powered by “xAI” (Next Generation AI)

 

IoT insurance can benefit insurers by reducing the cost of the claims process by 30%, and AI- and IoT-enabled solutions can decrease user premiums by 25%. Most importantly, our solution will help prevent aggressive driving behaviour and create a safe driving environment for road users.

 

 

Team member(s)
Ms Chan Yuen-ching* (The Hong Kong Polytechnic University)
Mr Lo Yiu-tong (The Hong Kong University of Science and Technology)
Dr Jerrel Leung (The Chinese University of Hong Kong)

* Person-in-charge
(Info based on the team's application form)

Achievement(s)
  1. CityU HK Tech 300 Seed Fund (2022)
  2. ET Net Fintech Awards 2020-Outstanding Assessment of Health Data Analysis Program
  3. Top 10 Fintech startup, JUMPSTARTER, Alibaba Entrepreneurs Fund (2019)
  4. Grand Award in Smart Mobility, Office of the Government Chief Information Office - Hong Kong ICT Awards (2019)
  5. Gold Award in Smart Mobility (Smart Logistics), Office of the Government Chief Information Office - Hong Kong ICT Awards (2019)