In 2014, LynxOn cooperated with insurance companies to launch cross-border logistics insurance for eBay, one of the world's largest e-commerce platforms for international trade, and launched cross-border logistics risk management services. Compensation shall be made for the goods delay, damage, wrong delivery, description inconsistency, and loss caused by natural disasters, accidents or other external reasons during transportation, and provide the whole process operation management and risk control services.
Since 2015, eBay project has officially introduced AI automatic processing function, which automatically underwrite, claim and process claim data, automatically screen problem data to project manager, automatically search relevant materials and records related to claim settlement according to the system, and then conduct manual audit by claims specialist. EBay project has 3000 claims data per day, and the system can automatically audit more than half of the cases. The rest cases are reviewed by claims specialists with multi-language background, and the accuracy of the overall audit results can be ensured.
Personal letter of credit insurance is to provide payment guarantee for personal credit consumer enterprises through big data analysis, deep mining, and interpretation of possible expected risks in the future.
In 2014, LynxOn cooperated with insurance companies to launch personal credit guarantee insurance for consumer finance companies and guarantee companies, and launched credit insurance risk management services to compensate for losses caused by failure to fulfill payment obligations of personal credit consumption activities.
In social management, petty insurance can give full play to the role of serving the public and benefiting people's livelihood, which is the concrete embodiment of commercial insurance participating in social management and playing its function of social management. Providing inclusive insurance to the middle group (middle and low-income group) is also an important link to improve the social security system.
In 2016, LynxOn cooperated with Paralife (Bao Rong) to customize small insurance products (covering life insurance, accident insurance, health insurance, etc.) for the partners' end customers, and provide management and services to enhance their value to the end customers. LynxOn is responsible for product development, actuarial pricing, marketing, customer service, claims processing, risk control and other management services.