What We Can Do For You

How Technology impacts on Insurance industry

NEW PRODUCT DESIGN & LAUNCH

Text analytics – scan and structure existing policies and product descriptions for faster product development.

CLAIM

Process claims faster by validating claim forms with external data sources. Assessment on suspicious claims Accurate prediction of the claim value reduce financial loss for the Insurer.

UNDERWRITING

Scan for ambiguities and rate risks in insurance applications based on claims to detect fraud faster Predict premiums based on past risk assessments.

NEW PRODUCT DESIGN & LAUNCH

Recommendation engine – Analyse customer buying behaviour based on sales data followed by product recommendations.

CLAIM

Provide sales leads based on social media and purchase data. Use virtual sales agent and well-trained chatbots for potential customers to consult frequently asked questions.

UNDERWRITING

Transform process descriptions into structured data to improve effectiveness of internal processes.

What To Expect From Insurtech Digital Technology

The turn to the web platform ecosystem allows for cutting distribution cost and reaching better communication with customers by social media, emails, mobile apps, etc.

CUT COSTS
BETTER CUSTOMER EXPERIENCE
INSULATED FROM SCAMS
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