Green Ribbon Co., Ltd. (CEO Kim Gyu-ri), which operates the AI-based insurance claim search service 'Life Catch', announced on the 19th that it was finally selected for the 'Innovation Premier 1000' jointly promoted by government ministries including the Ministry of Trade, Industry and Energy, the Ministry of Science and ICT, and the Financial Services Commission.
'Innovation Premier 1000' is a government-led program that discovers small and medium-sized enterprises with innovation and growth potential through linkages between industry and finance, and provides tailored financial and non-financial support. Selected companies can receive intensive support from policy finance institutions.
Green Ribbon provides technology that automatically finds insurance money that customers have missed and supports claims through its AI-based insurance money search service, 'Life Catch'. In particular, it has been evaluated as differentiated through its wide-ranging search function that covers fixed-amount insurance items such as surgical fees, diagnosis fees, and consolation money.
LifeCatch is building a nationwide document issuance agency infrastructure to help not only large hospitals but also small and medium-sized medical institutions secure necessary medical documents smoothly, and is improving the accuracy of claim possibility analysis and insurance payment calculation based on four patented technologies. The technologies include insurance fraud detection, medical expense screening, insurance payment calculation, and disease-specific treatment indication extraction.
The company plans to use this selection as an opportunity to advance its services and expand partnerships with financial and insurance companies. In the long term, it aims to expand beyond insurance premium exploration to a life care platform covering health and finance.
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