Credit protection insurance is a vital protection that requires greater transparency. To meet this challenge, Yakoota is deploying its AI-based comparison platform in this segment, aiming to enhance transparency into the actual quality of insurance offers and enable tailored underwriting based on value for money.
Moreover, Yakoota continues to enhance its supervised generative AI solution dedicated to smart insurance underwriting. To date, the platform relies on nearly 280,000 data points, including 65,000 related to claims and service management, to feed the rating of its four offerings: home, motor, health, and, going forward, credit protection insurance.
A Technology Based on In-Depth Contract Analysis
The Yakoota aggregator analyzes over 1,000 quality variables across all significant market offerings. Recommendations, calculated automatically and instantly, are based on two key components:
- The personal characteristics of the insured (age, occupation, medical history, lifestyle).
- Their coverage needs, in addition to the lender’s requirements.
The tool ranks contracts and provides advanced customization options, resulting in recommendations truly tailored to each profile with optimal value for money. For example, coverage conditions for sports activities, including highly specific ones, are automatically integrated into the recommendation.
A Tool Enabling Smart Mortgage Insurance Changes
Credit protection insurance is insufficiently analyzed by borrowers. Indeed, they tend to focus primarily on obtaining credit, even though insurance represents a key lever for family financial protection.
The Yakoota solution allows users to fully leverage the French Lemoine Law (2022), which enables borrowers to switch policies at any time, subject to equivalent cover. Potential savings are estimated between €5,000 and €15,000, depending on the profile and loan term.Yakoota operates with complete neutrality and transparency. The platform enables users to confirm an initial choice, identify more suitable offers, or monitor the alignment over time of their contract with the insured’s evolving situation.
Yakoota is a pioneering InsurTech in generative AI applied to insurance. Its rating is 100% independent. No brand pays to be featured in the comparison tool. The methodology relies on a holistic, factual definition of insurance quality, assessed across four systematically measured dimensions.
More information on Yakoota Ratings.
Description of Yakoota’s ESG rating.
Press inquiries: contact@yakoota.fr
