The insurance industry is being transformed by the use of digital channels, advanced analytics and IOT. We are helping our customers on this journey by providing cost-effective solutions, Our solutions range from capturing customer journeys on digital channels for more effective customer-outreach, to predicting and preventing fraud or preventing expensive claims. We leverage the customer’s structured and unstructured data including digital data, claims, litigations, subrogation, marketing and sales in order to deliver insights that help retain your best customers, attract new customers, and improve profit margins by reducing claims and fraud.
By deploying Advanced Analytics we help our Insurance customers with the following:
- Customer Focus: Customer Retention and Growth, Determine Next Best Actions, Predict customers at risk of churn, understand customer digital journeys to increase online application completions, reduce call-center expenses and improve customer satisfaction.
- Reduce Claims: Predict fraudulent claims, optimize claims processing.
- Risk Management: Reduce risk and improve Regulatory Compliance.
Capture Diverse and Valuable Data Sets
Our predictive solution can ingest raw data from any source be it flat files, spreadsheets, database, structured and unstructured data to have a single consistent view, as opposed to segregated records scattered throughout different businesses units. Data sources may include Loss Data, Customer Information, Claims, CRM, Portfolio Management System and other structured or unstructured data like Sales Pipelines and FNOL. We also bring in 3rd party data sets like socio-economic, financial or demographic data for richer insights as needed.
Visualize on the Go
View your Dashboards on the Cloud or at your desk. If you already have a preferred visualization tool, we can work with that too! We will build the dashboards to suit your needs. All you need to do is use them