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AMAX Audit AI
Project Overview
AMAX Audit AI
Amax partnered with Virtuosoft to build Audit AI, an intelligent automation engine that slashed costs, crushed error rates and processed 2,500+ policies daily.
Industry
Auto Insurance
Location
USA
Duration
12 Months
Team Size
8 Experts (AI/ML Engineers, Full-Stack Devs, Cloud Architects, QA, PM)
Engagement Model
Dedicated AI Product Team | Agile Execution | CI/CD | Continuous Optimization
Technology Stack
Dedicated AI Product Team | Agile Execution | CI/CD | Continuous Optimization
PROBLEM
Insurance policy verification was a manual, time intensive
process. Analysts could only review 100 policies/day, and with a
10% error rate, compliance was always at risk. At $4,000/day in
labor, it was expensive and inefficient.
SOLUTION
Virtuosoft partnered with Amax to build Audit AI, a robust
automation engine leveraging AWS Textract and Rekognition. It
intelligently parses insurance policies, extracts data and flags
discrepancies in real time. Result? 25x more throughput, 91%
cost savings and 99.5% accuracy.
Azam Farooqui
Chief Technology Officer, AMAX
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