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Major Pro Final
Major Pro Final
SHYAMAPRASAD M S
S4 MCA
LMC-22MCA-2033
INTRODUCTION
Our system explores a transformative
approach to auto insurance and claims
processing through the integration of Machine
Learning (ML) and Artificial Intelligence (AI)
in the assessment of damage scores
The proposed methodology integrates ML
algorithms and AI capabilities to analyze
damage scores objectively and swiftly.
This also include accelerated claims resolution
times, reduced instances of human error, and
improved overall customer satisfaction
TOOLS USED
Operating System: Windows 11
Platform: Python 3.9
Framework: django
Backend: python
Frontend:html,css
IDE: VS Code
Libraries Used:OpenCV, Keras,Tensorflow
Model-YOLO V4((You Only Look Once)
architecture. It offers improvements in speed,
accuracy, and ease of use compared to
previous versions.)
EXISTING SYSTEM
The existing approach to auto claims often involves
manual assessments and subjective evaluations, leading
to delays and potential inaccuracies.
2. Resource Intensiveness:
Manual inspection processes require time and
effort from claims adjusters or inspectors, which
can lead to delays in claims processing.
3. Potential for Inaccuracies:
Human assessment is prone to errors and
oversights, which can result in inaccuracies in
damage estimates and claims settlements.
4. Limited Scalability:
Manual evaluation processes may struggle to scale
effectively, particularly during periods of high
claim volume or when dealing with complex
cases.
PROPOSED SYSTEM
By harnessing the power of ML and AI,
insurance companies can optimize their
operations, leading to cost efficiencies and a
more competitive edge in the market.