Insurance industry has been drenched with repetitive data-intensive processes such as underwriting, claims processing, and customer onboarding. Almost 80% of this data is unstructured or semi-structured, making it difficult for insurers to standardize data and process it accurately. With intelligent automation, insurers can streamline and speed up their operations by digitising and standardizing data without any hassle.
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with identification of non-payable items, comorbidities, etc.
for processes such as claim approval from 4hrs+ to 45min
from 5 steps to 2 steps with 1 manual-touch
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Product-Customer Match
Proposal Processing
Novel products
Service-type
Service-parameters
Service-update
Item utilization
Bill Head analysis
Category triggers
Provider Triggers
Hard fraud
Network fraud
Data fraud
Data extraction
Risk profiling
Premium Calculation
Financial adjudication
Admissibility
Medical adjudication
Tariff approval
Tariff standardization
Tariff comparison
Geo-cost benchmarking
Utilization analytics
Customer experience rating
Churn prediction
Claim cohorts
Benchmark risk alerts
Ombudsman cases
Increase in FTE productivity by upto 300%
Leverage advanced business insights to make informed business decisions
Achieve 99% accuracy in data extraction
Enhance customer experience by reducing waiting time and ensuring quick redressal of problems
