Our insurance industry solutions provide clients with customized RFID smart hardware and IT management software development, including mobile apps, WeChat applications, client management software, and web-based backend analytics systems, enabling IT-driven process control over business operations. Su'an's integrated livestock and crop insurance solution has been in operation for over five years across multiple provinces and insurance companies. It has effectively controlled moral hazards and significantly reduced claims ratios, ensuring business compliance and risk management. This solution has truly turned insurance companies' livestock insurance operations from loss to profit, addressing key pain points in the insurance industry. Scope of Application for Electronic Ear Tag Underwriting and Claims Processing: This solution is suitable for insuring animals with long breeding cycles and high economic value, such as breeding sows, yaks, beef cattle, and breeding ewes. Since 2015, we have provided electronic ear tag underwriting and claims processing solutions to more than 20 provincial insurance companies in China, achieving closed-loop management and reducing claims payouts, with annual shipments exceeding 10 million sets.
Advantages of the Solution
Description
Efficient and Accurate Underwriting
Insured animals are fitted with low-frequency RFID ear tags or implanted with chips. Using a smart photo-reading device,
each animal is individually identified, and a photo is automatically captured on-site to ensure that the ear tag corresponds to the animal in a genuine and unique one-to-one relationship,
thereby eliminating moral hazards in the underwriting process and ensuring compliance to the greatest extent possible.
Data Analysis and Early Warning
Using the aquaculture insurance risk management system software, upload various inspection data to cloud servers,
automatically generate insurance policy lists to eliminate manual data entry, and use big data to perform real-time analysis of underwriting and claims data,
while pushing early warning notifications for farmers and regions with abnormal claims patterns.
Remote Inspection via Mini Program
By enabling self-service claims processing through the app, we can significantly reduce labor and operational costs while improving claims processing efficiency.
Closed-loop control
Effectively monitor potential compliance risks (unmarked cases), reduce the claims ratio, and ensure the sustainable development of the business.
