Mark Long's questions to Cheche Group Inc (CCG) leadership • Q4 2024
Question
Mark Long asked how Cheche plans to leverage new low-cost, open-source AI models for its product development and what potential it sees for deploying cost-effective solutions across its portfolio.
Answer
Chief Executive Officer Lei Zhang explained that Cheche will use AI to revolutionize both underwriting and claims. For underwriting, AI will enable real-time, dynamic pricing based on vast amounts of driving data. For claims, AI will analyze data from smart vehicles to create a single, integrated system for investigation, damage assessment, and payment, which will significantly improve efficiency and reduce costs across the industry workflow.