Inspiration
Often its hard to Chose which components of insurance are hard to important, which components you should jack up . I helps in optimizing the insurance policy in a smarter way.
What it does
It access the risk for your property : fire earthquake flood crimes andany water body , it advises if your current policy is good enough or you should jack up or you are over paying for a particular component to be safe.
How we built it
Using Django , Collecting data from govt sources for the areas, integrating them with using the apis from fedex and other location intelligent to extract more information for the property and risk awareness.
Challenges we ran into
Gathering all the data, merging all data in a way it can come together. Also learnt quite a bit about insurance industry
Accomplishments that we're proud of
to have a smart working prototype of the smart insurance analyzer
What we learned
insurance works , more about location risk, and how could one optimize it
What's next for WiseChimp
If it gathers steam, make it a real product advising people how to optimize their location's insurance
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