
1. Technology overview
Qantev is an AI software company founded in 2019 by former AXA data scientist Tarik Dadi and quantitative analyst Hadrien De March. The legal entity, Qantev SAS, is registered in France, with offices in Paris, London and Hong Kong. It builds claims software for health and life insurers.
The platform is modular SaaS with three modules: Claims Registration (digitising and enriching claim documents in many languages, including handwriting), Fraud, Waste & Abuse (anomaly detection) and Claims Management (pre-authorisation insights, medical consistency and coverage checks). Insurers can adopt modules in stages; the site lists Bupa, AXA, Generali, FWD and Pacific Cross as customers.
2. Highlighted features & specifications
- Claims Registration: captures, cleans and digitises data from claim documents in any language, including handwriting.
- Fraud, Waste & Abuse: detects anomalous claims using historical, local and global industry data.
- Fraud case management: tracks cases and performance with insights.
- Claims Management: end-to-end processing with medical algorithms.
- Pre-authorisation and coverage checks: automated medical consistency and coverage validation.
- Modular SaaS: insurers adopt modules in stages.
3. Potential application
A Vietnamese health insurer can digitise paper and handwritten hospital invoices at claim intake. A non-life or health insurer can screen claims for fraud and abnormal billing from partner hospitals. A bancassurance unit can speed pre-authorisation for group health policies.
4. Benefits
The vendor states a 3-6x return on investment for clients, about 10% cost reduction and a 25% rise in customer satisfaction. Modules can be deployed one at a time, and integration takes 4 to 6 months on average. The site claims 900 million claims processed.
5. Market trends & opportunities
Health insurers face rising claim volumes and fraud, waste and abuse costs, and are moving manual claim review to AI. Southeast Asia, where Qantev has operated since 2023, has fast-growing private health insurance, which suits multi-language document automation for Vietnamese insurers.
6. Other information
Founded 2019; Qantev SAS registered in France; offices in Paris, London and Hong Kong. Funding: EUR 10M Series A (2022) and EUR 30M round led by Blossom Capital (2024). Expanded to Asia Pacific in 2023. ISO and GDPR badges shown.
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