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- An automated solution that prevents incorrect payment of payouts, 'InnoClaim'  

- NH Investment & Securities as the representative organizer... going public within the year

INNORULES, a company specializing in digital transformation automation solutions, announced on the 15th that it had secured an order from NH Nonghyup Life to build an automatic insurance review and payment system.

With this order, INNORULES will supply 'InnoClaim', an insurance payment automation solution, to NH Nonghyup Life Insurance. InnoClaim is a system that supports information input, improvement of review and payment processes, and automatic insurance payment calculation based on accident guarantee rules and standard models customized for life insurers and non-life insurers. It includes a function to prevent incorrect payment of insurance money through quick and accurate insurance payment examination and loss ratio analysis.

A company official said, "Through the introduction of "InnoClaim", NH Nonghyup Life will be able to improve customer satisfaction and work efficiency by integrating product information and accident guarantee rules by providing prompt and accurate insurance payments in the era of digital transformation."

INNORULES is a B2B digital transformation automation software solution company established in 2007. The representative products of the company include 'InnoRules' and 'InnoProduct', which can be applied not only to the financial sector but also to various industrial fields such as manufacturing, public service, distribution, and service. INNORULES is strengthening its position in the insurance market by securing a number of customers, including NH Nonghyup Life Insurance and Lotte Non-Life Insurance.

Kim Kil-Kon, CEO of INNORULES, said, "Recently, as the number of complex product types is increasing in the insurance market, segmented accident payment data management is required. INNORULES' digital transformation automation solution will help insurance companies to launch new products quickly and will play a major role in securing market competitiveness and digital transformation."

Meanwhile, INNORULES signed a contract with NH Investment & Securities and is pursuing a goal of listing on the KOSDAQ market this year.