Innovating Health Beyond Insurance
Our solutions transform patient experiences, optimize operational efficiency, and boost healthcare services for sustained growth.
Olvo Technologies Limited
Unit 1603, 16th Fl, The L Plaza 367-375 Queen's Road, Central Sheung Wan, Hongkong
[email protected]
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Step into the future of Insurance and Healthcare with Olvo
Conquering Health Insurance Obstacles
People needs for end-to-end healthcare
There is a growing demand among individuals for comprehensive healthcare services that cover their needs from prevention to protection
Uncontrollable high claim loss ratio
The cost of healthcare services, unexpected claims, medical inflation and fraud contributes to the complexity of controlling claim ratio
Unmanaged chronic disease risks
When chronic conditions are not managed effectively, insurers face higher healthcare costs, reduced profitability, and increased policyholder attrition
Revolutionizing Health Claims with Generative AI
Olvo is a Comprehensive Health Claim Expert powered by Generative AI, ensuring faster, more accurate, and cost-effective claim decisions while enabling further optimization
Leverage data from health engagements to detect fraud behavior
Using end-to-end health solution, we deliver better profitability through integration with digital health engagements
Digitally guide members along healthcare journey and optimize clinical pathways
Attract members with healthier mindsets and improve pool risk quality
Paper-intensive, siloed, and disuniform information in
medical providers
Generative AI-based Health Claim
Expert Systems
BOOK A DEMORoot-Cause
High administrative costs for document processing
Slow claim processing
Post-mortem information and
data "blindness"
Knowledge stays with people as opposed to system
Medical Knowledge
Biometric Analysis
Provider Practices
Insurance Policy T&C
Health Claim Forensics
We Help Insurers Make Smarter Claims Decision
Olvo AI goes beyond basic automation. It's a comprehensive health claim expert. This advanced system ensures accurate and efficient processing, transforming the way you handle claims.
Olvo transform any medical paper into structured data...
Impact on Health Claims
Further claim & biometrics analytics enabled
Lower Processing Cost by 90%
Faster, more accurate claim
OLVO utilizes Generative AI to efficiently gather and match insights, trained with 5 built-in intelligences to excel as a health claim expert.
Insurers' Frustrations with Health Claim Process
End-to-end Solution for Health Claims Process
Existing solutions fail to bridge the crucial gap between data conversion and contextual structuring, leaving insurers with unoptimized workflows and limited data insights. Olvo AI bridges this gap with advanced Generative AI
Scan & Store Documents
Document Solution Company
Extract Text from Images
Data
Structuring
Insight
Generation
Claim AI
Company
OCR
Provider
Contextualization only for premade template
Contextualization for
all kinds of documents
All the way to personalized health analytics
Redefining Health Claim Process with Olvo AI
Olvo AI eliminates the disconnection between data conversion and contextual structuring by leveraging advanced Generative AI technology, outperforming traditional options in two key areas:
Transform unstructured medical claims (handwritten notes, scanned documents) into standardized data
Advanced Documents Processing
How we help our client become an award-winning insurtech
We help Rey, an Indonesian end-to-end Health Insurtech, delivering prevention to protection in a single experience.
~40%
Claim Loss Ratio
(ID Health Insurance
benchmark at ~90%)
27x
Active Members in 12 months
~60%
Business Clients are 1st time insurance buyers
~15%
Individual Members are 1st time insurance buyers
Forward50: The Most Exciting
Early-stage Insurtechs APAC
2022 Southeast Asia HealthTech 50
Regional (Indonesia) Winner
for Startup World Cup 2023
The first and the only one in
Indonesia that is ISO 27001 certified
2022 Southeast Asia HealthTech 50
Tailored to insurance policies, medical forensics, and provider practices
Auto Adjudication Integration
Automate claim approvals with real-time dashboards and insights
AI-Powered Claim
Decision Making
Identify cost drivers, optimize pricing strategies, and gain insights into chronic disease patterns
Advanced Analytics & Fraud Detection
Itemization & categorization of medical bills
Tailored to each insurance billing and benefit categorization
Integrated with standardized medical databases
Structuring Medical Handwriting
Medical handwriting, nonstandard codings, shorthands
Structured medical records with standardized codes
Digital claim experience for users
Real time dashboard for ops and also for clients
Granular and continuous data analytics to drive insights
... then to End-to-end digital claim experience