AIMS

Name

AIMS

Legal name

(주)에임스

Website

https://aimskr.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Insurance Technology (Insurtech) Software

NAICS

Claims Adjusting (524291), Agencies, Brokerages, and Other Insurance Related Activities (5242), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Claims Management & Digital FNOL Platforms (FSAGAGAC)

akta.pro secondary industries

Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK), Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB), Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)

Keywords

• Insurance claims automation
• Policy document analysis
• Claim document digitization
• Insurance payment review
• Insurtech software platform

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. API-based Claim Data Services: AIMS provides API-based insurance claim data services to insurance companies and platforms. Revenue is generated through service fees for data processing, document extraction, and automated review services. The company operates a subsidiary, AIMS 손해사정 (AIMS Loss Adjustment), to deliver services to insurance companies.
2. Professional Services (APS): AIMS Professional Service (APS) provides regular services including system product attribute updates for new/revised products, quarterly payment history review work, and audit support services for companies that have adopted Autodit.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

AIMS provides an API-based insurance claims automation platform built on three proprietary modules: Autodit (insurance policy automatic analysis that extracts payment criteria and generates audit algorithms), Autocapture (claim document digitization that converts non-standardized medical expense data into structured data with forgery detection), and Autoclaim (payment review automation that fuses policy and claim data to produce automated review results). Services are delivered via API to Korean insurance companies and digital insurance platforms, with optional professional services (APS) for ongoing policy updates and audit support.

Product overview

AIMS is an InsurTech company offering a platform-plus-modules architecture centered on three core products: Autodit (insurance policy automatic analysis), Autocapture (insurance claim document digitization), and Autoclaim (insurance claim review automation). Autodit serves as the foundational policy analysis engine that generates payment rules and audit algorithms from insurance terms. Autocapture provides API-based document digitization that feeds structured claim data into the automation pipeline. Autoclaim integrates both technologies to deliver end-to-end claim automation including automated review, fraud detection, and customer communication. Additional services include APS (professional consulting) and the Listen chatbot prototype for customer-facing interactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Autodit Insurance policy automatic analysis engine that analyzes insurance terms and conditions, generates payment criteria data and automated audit algorithms. Processes 500 pages of policy documents in approximately 1 minute, enabling insurance companies to automatically review payment histories and detect erroneous payments. For insurance companies requiring automated policy analysis at scale.
• Autocapture API-based insurance claim document digitization service that receives claim document images, converts non-standardized information into structured data including standardized codes, and provides quality-controlled data for insurance claim automation. Includes document forgery detection using passive detection techniques (edge detection, histogram analysis, DCT). For insurance companies submitting claim documents via API.
• Autoclaim API-based insurance claim review automation platform that integrates Autodit technology and Autocapture data to automate insurance payment review processes. Normalizes non-benefit data from medical expense breakdowns, generates automatic review results based on policy terms and internal review guidelines, and provides customer guidance services. Achieves 99%+ data accuracy and 4-hour per-case processing speed. For insurance companies requiring payment review automation.
• APS (AIMS Professional Service) Professional consulting service for Autodit users including regular policy property updates for new/revised products, quarterly payment history review work, and support for abnormal case verification and audit guideline customization. For insurance companies that have adopted Autodit.

Quantifiable outcome

• Reduces business costs by 50% or more
• +7 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature6 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Samsung Fire & Marine Insurance (삼성화재)coreStrategic or Co-development PartnerCollaboration since 2017-2018 for claims automation and error payment prevention. Successfully deployed system in Q3 2018, currently used in claims operations. Autodit technology applied for insurance payment audit.
• Hanwha General Insurance (한화손해보험)coreStrategic or Co-development PartnerPartnership from 2019-2023 for payment data review automation. Autodit integrated with RPA for automated audit. Autocapture service provided since 2020. APS service contract and new/amended policy analysis data service in use.
• KB Insurance (KB손해보험)coreStrategic or Co-development PartnerPartnership from 2022-2023 using Autodit for policy analysis of 1,780 long-term insurance products. Autodit-generated coverage data integrated into claims operations. Autocapture and Autoclaim services provided since 2022.
• Hanwha Life Insurance (한화생명)coreStrategic or Co-development PartnerAutodit PoC and solution supply in 2020. Adopted for payment history review. Insurance basic document data assetization service provided from 2024.
• Hyundai Marine & Fire Insurance (현대해상)coreStrategic or Co-development PartnerCollaboration in 2017-2018 and 2020 for claims automation and error payment prevention. Business analysis for insurance payment auto-calculation system and C-level communication.
• Carrot General Insurance (캐롯손해보험)coreStrategic or Co-development Partner2023 partnership providing digital loss adjustment API service for mobile screen damage insurance and group accident insurance. Business cooperation for digital claims implementation.
• Kakao Pay Insurance (카카오페이손해보험)coreStrategic or Co-development Partner2023 partnership providing API services for mobile phone damage insurance subscription process automation, overseas travel insurance immediate payment process, and digital loss adjustment for infant insurance.
• Hana Non-Life Insurance (하나손해보험)coreStrategic or Co-development Partner2023 partnership providing digital loss adjustment API service for automobile injury treatment expense insurance. Business cooperation for digital claims implementation.
• Shinhan EZ General Insurance (신한EZ손해보험)coreStrategic or Co-development Partner2024 partnership providing non-insured medical expense data standardization service for reimbursement review automation and digital loss adjustment business entrustment contract.
• K-Fintech 30 Program (금융위원회 K-Fintech30)minorGTM or Marketing PartnerSelected as K-Fintech 30 company by Financial Services Commission. Participated in inter-company meetings with regulators and fellow fintech companies.
• Plug and Play KoreaminorGTM or Marketing PartnerSelected for Plug and Play Korea Financial Services & AI Selection Day, pitching to potential partners and investors in the fintech ecosystem.
• Shinhan Future Lab (신한퓨처스랩)minorGTM or Marketing PartnerSelected for Shinhan Future Lab Batch 10, Shinhan Financial Group's startup acceleration program for fintech collaboration.
• Financial Regulatory Sandbox (금융규제샌드박스)minorOthersDesignated as a test company under the financial regulatory sandbox program, enabling experimentation with innovative insurance automation technologies.
• Insurance Research Institute (보험연구원)minorGTM or Marketing PartnerEngagement through joint seminars and panel discussions on digital transformation and risk management in the insurance industry.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• FRISS: Dutch insurtech specializing in AI-based fraud detection and risk scoring for property & casualty insurers. Closely comparable to AIMS's Autoclaim fraud/forgery detection and automated claims review capabilities.
• Shift Technology: French AI-driven insurtech providing claims fraud detection and automation for global insurers. Directly comparable to AIMS in applying AI/NLP/computer vision to automate insurance claim workflows and loss adjustment.
• Snapsheet: US insurtech providing virtual claims appraisal and automated claims management for P&C insurers. Directly comparable in automating claims workflows and payments via APIs and software.
• Bdeo: European insurtech using visual AI for insurance claims automation, especially in motor and home. Comparable to AIMS's Autocapture computer vision and document processing approach.

Emerging players

• Cytora: UK insurtech applying AI to underwriting and claims workflow automation. Partial overlap with AIMS in using NLP and process automation to streamline insurance operations.
• Socotra: US-based modern insurance core platform targeting digital insurers with API-first architecture. Comparable to AIMS in serving digital-native insurers (e.g., Carrot, Kakao Pay Insurance) with cloud-native claims and policy systems.
• ZestyAI: US insurtech applying AI to property risk assessment and claims triage. Partial overlap with AIMS in using AI/data for insurance decision automation, particularly risk and pricing use cases.

Regional players

• Tia Technology: Danish insurance SaaS vendor selling core policy, claims, and billing systems across Northern Europe. Comparable in offering modular insurance SaaS but focused on European markets rather than Korea.

Broad incumbents

• Duck Creek Technologies: US-based SaaS provider of core insurance systems including policy administration, billing, and claims. Broader incumbent competing in adjacent core-system layers that could integrate or displace point solutions like AIMS.
• Guidewire: Established US insurance core systems platform for P&C insurers, offering claims, underwriting, and policy administration. Large incumbent whose analytics and claims modules overlap with AIMS's Autodit and Autoclaim.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AIMS