Announced details
Benefit claims, assessment, and payment operations in the insurance industry; conversion of receipts and medical expense statements into text data; presentation of potential treatment details; and document entry operations
A track record of providing solutions to more than 23,000 medical institutions. The Insurance Knowledge Platform is being adopted by 6 companies, including those currently implementing it.
The company develops and provides the Insurance Knowledge Platform, which is used by Kanagawa Prefectural Citizens’ Mutual Aid Cooperative. IRRC Corporation provides Smart OCR Medical Expense Statements. No capital or personnel relationship was disclosed.
Kanagawa Prefectural Citizens’ Mutual Aid Cooperative: located in Naka-ku, Yokohama, Kanagawa; chairperson Teshima Yasuhiro (手島 康博); established 1 March 1973; business activities include mutual aid services, education services, and insurance agency services, IRRC Corporation: located in Bunkyo-ku, Tokyo; Representative Director, President and CEO Katsumoto Ryuji (勝本 竜二); established July 1995; operates insurance clinic, solutions, financial advisory, and systems businesses
Kanagawa Prefectural Citizens’ Mutual Aid Cooperative: 1-1-8-2 Sakuragicho, Naka-ku, Yokohama, Kanagawa
The company stated that it aims to establish a stable and recurring revenue base and increase the average contract value per life insurance company. The specific financial impact is Not disclosed.
The company does not address Contract Value / Offering price.
Financial Services Agency, “List of Licensed Life Insurance Companies (as of 1 April 2024)”
| Item | Details |
|---|---|
| Names of Products / Services Covered | Insurance knowledge platform, Smart OCR Medical Expense Statements |
| Counterparty | Kanagawa Prefectural Citizens’ Mutual Aid Cooperative, IRRC Corporation (Securities Code: 7325) |
| Counterparty overview | Kanagawa Prefectural Citizens’ Mutual Aid Cooperative: located in Naka-ku, Yokohama, Kanagawa; chairperson Teshima Yasuhiro (手島 康博); established 1 March 1973; business activities include mutual aid services, education services, and insurance agency services, IRRC Corporation: located in Bunkyo-ku, Tokyo; Representative Director, President and CEO Katsumoto Ryuji (勝本 竜二); established July 1995; operates insurance clinic, solutions, financial advisory, and systems businesses |
| Relationship with the Company | The company develops and provides the Insurance Knowledge Platform, which is used by Kanagawa Prefectural Citizens’ Mutual Aid Cooperative. IRRC Corporation provides Smart OCR Medical Expense Statements. No capital or personnel relationship was disclosed. |
| Launch date | Business use commenced in October 2026 (actual) |
| Applicable area | Benefit claims, assessment, and payment operations in the insurance industry; conversion of receipts and medical expense statements into text data; presentation of potential treatment details; and document entry operations |
| Location | Kanagawa Prefectural Citizens’ Mutual Aid Cooperative: 1-1-8-2 Sakuragicho, Naka-ku, Yokohama, Kanagawa |
| Usage history | A track record of providing solutions to more than 23,000 medical institutions. The Insurance Knowledge Platform is being adopted by 6 companies, including those currently implementing it. |
| Impact on Business Performance | The company stated that it aims to establish a stable and recurring revenue base and increase the average contract value per life insurance company. The specific financial impact is Not disclosed. |
| Source | Financial Services Agency, “List of Licensed Life Insurance Companies (as of 1 April 2024)” |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To enhance and streamline operations from benefit claims through assessment and payment, contributing to more efficient document entry and faster benefit payment procedures. Going forward, the company aims to establish a revenue base and increase the average contract value per company through wider rollout to domestic life insurers and cross-selling of additional options.