The world’s #1 Smart Contract Builder

What Smart Contracts can do for you?

Smart Contract is a big data artificial intelligence contract, intended to autonomously negotiate, sell, execute, control, and document legally relevant events and actions in accordance with the terms of the contract, between the issuer, the holders, and the ecosystem.

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Save Time & Money

See guaranteed results, a working POC in 2 weeks, go live in 7 weeks.

Optimize Revenue

Perform rules, automation, calculations, validations, assessment, machine-learning algorithms, and any data operation you want your AI to perform

Minimize Costs

Operate decisions autonomously and deliver 24/7. Work from home or anywhere >400% ROI

What is the value proposition?

Access to a tailored artificial intelligence (AI) cloud with applications, ready-to-use Smart insurance products, Big Data databases, Smart Policy data model (all the insurance contract information integrated into a comprehensive digital document), and Machine Learning (ML) tools to deliver your digital insurance business autonomously using artificial intelligence. Get Started

Personalized Offer and Dynamic Pricing

As your customers move across various channels, they leave behind data. Every policy they have purchased, every item viewed in your platforms, every visit to your website, every contact made with your representatives — all of it generates valuable customer data that is used to generate a customer profile. Facio’s Big Data model autonomously analyzes data to offer your customers a personal coverage plan that they most interested in, when they most likely to make a purchase, with a personal premium and discounts they will most likely agree to pay for.

Facio personalization model makes it possible to deliver the right offer at the right premium to your customers no matter who they are, and no matter how many you have. Every interaction of your customers and sales team generates more data that is used for optimization.

Big Data Actuary and Revenue Management

Control your loss ratio and reduce errors by optimizing risk management using AI. Facio Dynamic Artificial Intelligence Risk Assessment (DAIRA) dynamically collects all required information for underwriting, saving time, and hustle for the customer by skipping irrelevant questions and by providing information from alternative sources.

Identify and visualize risk to support human decisions or allow Facio Machine Learning to optimize your portfolio autonomously. You can also set up custom rules and calculations paired with machine learning to dynamically compare your traditional calculation procedure to the innovative ones you create with Facio.

Dynamic Risk Assessment and Underwriting

Give your agents and sales force an easy-to-use, unified view of every customer interaction across your sales channels, along with powerful marketing automation tools. Track customers’ interactions, purchase, and service history, using all data in one place for a 360 view of their activity.

Smart Claim Filing and Anti-fraud solutions

Facio collects all claim required data, such as medical documents, video recordings, and more. Our AI runs dozens of anti-fraud algorithms and Deep Learning to analyze structured and unstructured data, to determine the damage and eligibility.

If the claim is instantly approved, Facio AI can pay the claim in seconds, otherwise our AI hands over the recommendations to your devoted claim support team.

Real-Time Analytics (BI) and Advanced Reporting

Take advantage of direct access to your big data policy repository in real-time to empower your operation, including sales teams, brokers, agents, underwriters, billing, customer service, claim management, and more. Seamlessly analyze and act on your data to control your personnel’s activity with high-resolution interactive management dashboards. Get your data ready and unlock the value and insights from your data with real-time BI and analytics to master business metrics. Gain real-time visibility across your enterprise’s data using Facio Data Galaxy which allows you to ingest any data - for complete visibility. Create and share your reports and visualizations that tell a story with your data, or just use hundreds of ready-to-use industry standards reports for financiers, actuaries, regulators, reinsurers, and more.

Everything is data, everything is customizable

Optimize your team performance with a smart operation dashboard to support sales conversion. Empower your onboarding experience with remarketing to provide a unified overall customer journey to increase sales and customer experience. Multi-Platform, multi-Experience, multi-channel (E2B2C, E2B, E2C), support world time, more than 170 languages, and currencies.