2017 is the first year of InsurTech，various innovative technologies came up in this field. As the main product of the insurance companies, auto insurance business has always been regarded as the most important business. But Insurance companies cannot solve 20% or more fraud cases in the claims,urgently looking forward to solutions in the industry.

At the beginning of 2018, Yuandudu Technology won 10 million investment from Incapital. Incapital targeted insurance risk control market, built an AI anti-fraud platform with Yuandudu Technology together. Anti-fraud system helps insurance companies identify auto insurance fraud cases, Anti-leakage system helps them to reduce auto insurance claims costs. As a data-intensive industry, the insurance industry is based on big data. Because of the complexity of insurance business scenarios and the integration of big data, Insurance needs to be combined with the latest technology. Yuandudu Technology built an AI platform, and published risk control management solutions by analyzing massive fraud scenario. They used InsurTech, big data, cloud calculation, AI and blockchain technology, invited AI scientists from Silicon Valley, USA, and experts and elites from Chinese insurance industry to join the team. Insurance technology is their core competitiveness, combined with a variety of high-tech means, and relied on the valuable experience accumulated by the team in the auto insurance claims industry for many years, Yuandudu Techology constantly Identify new risk fraud scenarios and continuously innovate risk management tools to serve insurance companies.

In the future, Yuandudu Technology will continue to spend a lot on InsurTech development, technology innovation, and recruit more elites to join the team. Along with the reform of auto insurance, this market is highly competitive. Under this circumstances, Yuandudu Technology can help insurance companies to increase their efficiency and lower their cost.