Kavach: Building a Real-Time Parametric Insurance System for the Gig Economy

Kavach is a real-time parametric insurance platform for gig workers that automatically triggers payouts when environmental risk conditions (e.g., extreme heat or flooding) are met, eliminating manual claims. The system uses a 'Sword & Shield' architecture combining a Random Forest-based Climate Oracle for risk detection via a Gig Disruption Index (GDI) and a Sentry-AI fraud detection layer that verifies user context through mobile sensor fusion. Built on a MERN + AI stack, it aims to provide low-cost, instant, and fraud-resistant micro-insurance for daily weather-related income disruptions.