CORA AI by AInsure - Revolutionizing Insurance with AI & Blockchain

TRON Hackathon Hackathon Season 7
1

Project Name: AInsure
Project Track: Integration
Team Name: AInsure
Team Member(s): 5 only 1 account for our team @AInsure_CORA
HackerEarth Project Link: AInsure | Devpost

Project Goal: At AInsure, our mission is to revolutionize the insurance industry through the relentless pursuit of cutting-edge technology and redefine insurance for the modern era. As the premier startup at the forefront of innovation, we specialize in leveraging Artificial Intelligence (AI), Real World Assets (RWAs), and Web3 solutions to transform the insurance landscape.

With our dedication to pushing boundaries and embracing the latest advancements, we’re reshaping the way insurance is perceived, accessed, and utilized. we aim to empower individuals and businesses alike with accessible, efficient, and forward-thinking insurance solutions. Together, we’re transforming the insurance landscape, making it more inclusive, adaptable, and responsive to the evolving needs of our customers.

For Season 7 of the hackathon, our submission is focused on the Integration Track, where we aim to seamlessly incorporate TRON and TRON DeFi programs into our ecosystem. This integration will empower insurance agents and carriers with innovative tools to enhance their offerings and drive business growth. It also provides a secure and trustworthy platform for both new and existing clients to explore and understand TRON, Blockchain and DeFi technologies.

CORA, our AI, will act as a pilot within the TRON DeFi ecosystem, offering valuable education and support to help clients navigate the evolving DeFi landscape. By integrating tools like JustLend, Sun, BTFS, and TRON, we believe that having knowledgeable agents in their communities is the ideal way to foster learning and engagement in the world of DeFi and crypto. Join us on our journey to redefine insurance for the digital age and beyond.

Project Value: Integrating blockchain technology into the insurance industry presents a transformative opportunity for enhancing transparency, efficiency, and trust. By leveraging blockchain’s immutable ledger and decentralized nature, our project ensures that all transactions and data are securely recorded and verifiable, reducing fraud and increasing confidence in policy management and claims processing.

The integration of blockchain provides several key benefits:

  1. Enhanced Transparency and Security: Blockchain’s decentralized ledger offers unparalleled transparency and security, ensuring that all policy transactions and claims are tamper-proof and easily auditable. This not only mitigates the risk of fraud but also fosters trust between insurers and clients.
  2. Streamlined Operations: Automating and smart-contracting processes on the blockchain can significantly reduce administrative overhead, minimize errors, and speed up claim processing times. This leads to more efficient operations and improved customer satisfaction.
  3. Increased Accessibility and Innovation: By integrating with TRON and TRON DeFi programs, we offer new financial tools and services that expand the scope of insurance solutions. This integration opens doors to innovative products and financial strategies that enhance client value.
  4. Educational and Trusted Resources: Having trusted agents within their communities to educate clients about blockchain and DeFi tools adds an invaluable layer of support. These agents serve as knowledgeable resources, helping clients navigate the complexities of the crypto space and fostering a deeper understanding of new technologies.
  5. Enhanced Value for Agents and Carriers: The AInsure platform provides agents and carriers with an additional suite of tools and services that can drive business growth. By integrating blockchain and DeFi technologies, agents gain access to cutting-edge solutions that can attract new clients and offer innovative products, while carriers benefit from streamlined processes and increased operational efficiency. This added value supports their business expansion and positions them as leaders in the evolving insurance landscape.
  6. Disruptive Potential of Blockchain Reinsurance: Building a reinsurer on blockchain has the potential to revolutionize the industry by introducing a new level of transparency, efficiency, and trust in reinsurance transactions. Blockchain can streamline the reinsurance process by providing a decentralized, immutable record of all agreements and transactions. This could reduce operational complexities, lower costs, and improve the accuracy of risk assessment. The disruptive impact of such a system could redefine traditional reinsurance models, creating a more dynamic and responsive marketplace.
  7. Smoother Claims Process: Blockchain technology can significantly improve the claims process by automating and simplifying claims handling through smart contracts. These self-executing contracts automatically verify and process claims based on predefined criteria, reducing the need for manual intervention and accelerating claim approval times. This not only enhances the efficiency of the claims process but also reduces the potential for disputes and errors, leading to a more seamless and satisfactory experience for clients.

Incorporating blockchain into our insurance ecosystem not only modernizes operations but also builds a foundation of trust and reliability. Trusted agents play a crucial role in demystifying blockchain and DeFi, offering clients a reliable guide through these emerging technologies. This combination of cutting-edge technology and community-based education ensures that clients are well-informed, confident, and engaged, driving growth and innovation within the industry.

Project Info:
AInsure Whitepaper (2).pdf (465.8 KB)

(Keep in mind our tokenomics might be adjusted we are considering doing fair launch via sun pump)

Project Website:

ainsure.app
(Currently need to apply for approval to use our dashboard) (Please send us DM if your a Tron team member)

Telegram (Join our telegram we have CORA live there as well and users will be able to speak with CORA on a limited daily call amount)

Project Test Instructions: Testing our project is straightforward and user-friendly. Here’s how the judges and the community can explore our solution:

  1. Access via Dashboard:
  • Get Approval: First, ensure you have been granted access to our dashboard.
  • Open CORA Chat: Once approved, navigate to the dashboard and open the CORA chat feature.
  • Ask Questions: You can directly interact with CORA by typing your questions. For instance, ask CORA about various insurance topics or inquire about the TRON and TRON DeFi platforms as they are integrated into our system.
  1. Testing via Telegram:
  • Join Our Telegram: For a broader community interaction, join our Telegram group where CORA is also accessible.
  • Interact with CORA Bot: Simply type @AInsureCora_bot in the Telegram chat to start a conversation.
  • Ask Anything: You can ask CORA about insurance-related queries or get information about TRON and TRON DeFi platforms. For example, you might ask, “@AInsureCora_bot, what is homeowners insurance?” or “@AInsureCora_bot, how does TRON DeFi work?”

Both methods offer an easy and intuitive way to test and engage with our AI-driven insurance platform. Feel free to explore and provide feedback to help us refine and improve our solution!

For users who can’t zoom viewing the site on mobile:

ANDROID
ensure you have Desktop Mode or Desktop Site enabled under settings (3 dots, top right corner, next to address bar) - https://ainsure.app

IOS
tap ‘AA’ in address the address bar (on the right) then click ‘Request Mobile Website’. After the page reloads tap ‘AA’ and you will see:
‘a’ 100% ‘A’
above the address bar, tap the small ‘a’ to zoom out allowing you to pinch zoom like usual

Project Details:
https://youtu.be/K98WDhU5Diw

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Project Milestones:

Roadmap
Roadmap1920×1080 239 KB

  1. AInsure (CORA) Chat Dashboard Update

update our backend to streamline integration with additional platforms. This enhancement will enable us to quickly and efficiently implement future integrations,
ensuring a seamless experience and more robust support for our users.

  1. First Agency live

Cora integration into metzgerinsuranceagency.com
Admin Control Center
Gives ability for AInsure to over see operations.

3)Talking AI Avatar for live chats

designed to enhance engagement between agencies, carriers, and consumers. This innovative tool offers a dynamic and interactive way to assist customers, answer queries, and provide personalized support, making every interaction more efficient and engaging.

  1. Add File Tool for CORA

will simplify the process of training CORA with relevant documents. This
feature allows for quick and easy uploading of files, ensuring that CORA remains well-informed and continuously improved to better serve your needs.

5)Social Media Tool for CORA

designed to enhance our engagement and outreach. This feature allows for seamless management of social media interactions, enabling CORA to connect with our audience more effectively and drive meaningful conversations across platforms.

6)Custom QR Code Generator

designed to produce high-end, branded QR codes for our marketing needs.

7)HackaTron Season 7

we will focus on the Integration Track. Our goal is to integrate cutting-edge platforms like Justlend, Sun Dex, Tronscan, and more into CORA. By doing so, we aim to enhance CORA’s capabilities, offering more comprehensive and seamless interactions. We look forward to showcasing how these integrations will drive innovation and improve user experiences.

October 8th we will showcase @ IACON 2024

18 Likes
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Welcome @AInsure_CORA
I want to know what AInsure is all about. Are you going to provide insurance policies and act as an insurance company or will be a platform people can use to get knowledge about Insurance with the help of AI?

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Thank you for your interest in AInsure! We’re excited to share what we’re all about and how we aim to revolutionize the insurance landscape.

AInsure is primarily a B2B platform designed to empower insurance agents and carriers with cutting-edge AI tools. Our core mission is to support these professionals in various aspects of their business, including underwriting, claims processing, sales, data management, and marketing. Here’s a snapshot of what we offer:

  1. AI-Powered Support: We provide advanced AI solutions, particularly through our AI assistant, CORA. Our platform helps agents and carriers enhance their efficiency and effectiveness by automating routine tasks, generating accurate responses, and managing client interactions.
  2. Centralized Oversight: Our dashboard acts as a centralized hub for monitoring and managing CORA’s activities. Agents and carriers can track performance in real-time, ensuring transparency and accountability in every client interaction.
  3. Interactive Command Center: The intuitive interface of our dashboard allows users to send commands, request information, and manage workflows directly with CORA, streamlining operations and improving customer service.
  4. Response Approval System: To maintain high standards, our platform includes a response approval system that lets users review and approve CORA’s communications, ensuring accuracy and professionalism in client interactions.
  5. Customization and Configuration: Agents and carriers can tailor CORA’s responses to fit their specific brand voice and compliance needs, allowing for personalized and compliant communications.
  6. Performance Analytics: We offer comprehensive analytics to help users evaluate CORA’s performance, identify trends, and refine strategies based on key metrics such as response time and customer satisfaction.
  7. Blockchain and DeFi Education: AInsure is committed to not only advancing insurance technology but also to fostering education in blockchain and DeFi. We will integrate educational resources into our platform where users can access reliable, trusted information. With the guidance of knowledgeable agents and carriers, users will have the support they need to confidently navigate and understand Web3 technologies.

Beyond our core offerings, we are also committed to growing our community and exploring additional use cases beyond traditional insurance. We plan to integrate DeFi products into our ecosystem to provide further tools and resources for both agencies and the broader community. For example, our Real-World Assets (RWA) marketplace will use BTFS to store and manage the insurance policies on the RWAs available for sale, adding another layer of innovation to our platform.

Our ultimate long-term vision is to evolve into a fully-fledged mutual or reinsurer, leveraging smart contracts to create and manage insurance policies. While achieving this ambitious goal involves significant capital investment and navigating complex regulatory landscapes, we are initially focusing on AI-driven solutions to build a strong foundation. As we grow and advance, we aim to transition towards this transformative business model, positioning ourselves at the forefront of innovation in the insurance industry.

In summary, AInsure is dedicated to enhancing the insurance industry through AI-driven solutions while also expanding our horizons to include broader financial and community-focused applications. We’re excited about the future and look forward to sharing more as we continue to evolve!

2 Likes
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Very detailed response, thank you.

Another question, as an agent what do I need or what will I do to be added on Cora’s platform

Any fee?

1 Like
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As an agent or carrier, getting started with Cora/AInsure is simple and seamless. Here’s how you can join us:

  1. Visit Our Website: Go to our website and submit a request for access. We are currently signing up agency and carrier beta partners to help us test and refine our platform.
  2. Email Our Team: For a direct approach, you can email our team to express your interest:
  • Chance Sowers: chance.sowers@ainsure.app
  • Scott Root: scott.root@ainsure.app
  1. Join Our Telegram: Connect with our community on Telegram: Telegram: Contact @AInsurePortal

As a beta partner, you’ll gain limited free access to our platform and enjoy exclusive discounts when we launch our paid packages. We’re excited to collaborate with you and value your feedback as we continue to develop and enhance our services. Additionally, community access will be opening soon in our Telegram group, where you’ll be able to interact with CORA for free on a limited call. In the future using the CORA token along with a select few other cryptocurrencies will get the full access for the community.

We look forward to having you on board and working together to innovate and shape the future of insurance!

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Thank you so much I will try and get access by the way I am not an agent. I was just asking a general question for agents. Thank you once again

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Thank you for the questions. We recommend the community to join TG we are about to release CORA to the TG community to make 1 or 2 calls a day.

1 Like
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At this point in time, if you do not have an actual integration as it sounds like its more of business partnerships you might be moved to a different category under possibly DeFi or Web3.

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This looks like a really nice idea the fact that integrating blockchain can provide insurers with access to more accurate and real-time data, enabling them with better risk assessment and pricing.

2 Likes
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@AInsure_CORA
Welcome to hackathon season 7
Thank you for sharing a comprehensive overview of AInsure’s project for the hackathon.
It’s clear you’re passionate about leveraging AI and blockchain to revolutionize the insurance industry.

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Yes we are! Thanks for dropping a comment.

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Absolutely! Integrating blockchain into insurance can indeed revolutionize the industry by providing insurers with real-time, accurate data.

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Good morning! I’m not quite sure what you mean by business partnerships. At the moment, we’re concentrating on integrating Tron DeFi analytics and education via CORA and also utilizing BTFS. Could you clarify your point? We want to make sure we’re on the right track to maximize our chances of securing support. Thanks!

1 Like
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Your project details the benefits of blockchain integration for transparency and efficiency, it also mentions potential adjustments to your tokenomics and the consideration of a fair launch via Sun Pump.
My question is in what way does AInsure plan to ensure a fair and balanced token distribution that fosters long-term user confidence.

1 Like
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AInsure is considering Sun Pump and a fair launch to ensure a decentralized and equitable token distribution. By implementing a fair launch strategy, we aim to foster long-term user confidence and ensure that our tokenomics remain balanced and transparent. Additionally, AInsure would benefit from CORA as a fee when it’s used, creating a feedback loop that reinforces the value and utility of our ecosystem.

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Welcome to hackaTron S7. Please try to be making your post or answers as concise as possible. Making a lengthy post or answers often make users lose interest in reading the information you’re trying to give.

Coming to your participation, you registered your project in integration track and I couldn’t find a way you plan to integrate JustLend or any of the TronDAO protocols into your project. Can you point this out for me?

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As mentioned above, we’re focused on integrating Tron DeFi analytics and education through CORA, and leveraging BTFS technology. Soon, you’ll have the opportunity to test CORA within our Telegram channel and dashboard. CORA will serve as your guide to navigating the Tron ecosystem with ease.

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i love the insurance plan scheme you got going wise start up good luck guys

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Welcome to join the hackathon season 7 with your offering of revolutionizing the insurance space. It is a great initiative considering the place of insurance in our daily life and society and the need for a secured way of recording insurance data is ever growing. Still I have a question for you in implementing this decentralized approach to data recording. There are some existing insurance companies operating before this your approach of a decentralized way to insurance policies, how do you plan to implement blockchain technology within this existing insurance infrastructure.

Are there any technical challenges you anticipate in implementing your approach to the existing insurance infrastructures?

1 Like
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Welcome to Season 7, your offering is kinda interesting and confusing at the same time as I read through it. Reason being, I see alot of AI supported content only for your project to be labeled under the integration track.
Moving forward, I see this aims to modernize the insurance industry by integrating AI and I really have one major concern; how do you plan to address the regulatory challenges associated with integrating DeFi into the insurance industry, especially across different jurisdictions?

1 Like