Solving Insurance Challenges with Experiential AI
Custom AI solutions and training for insurance partners
Challenges Solutions & Results
Monetary losses due to false claims
Automation of document management
Integrating legacy systems with AI tools and maintaining transparency in automated decisions
Extracting and deriving actionable insights from textual data
Optimized pricing for personalization and revenue increase
Targeting the right customer for the right product at the right time with the right message
Measuring risk profiles in a datadriven manner
Empowering value based care for insurance
Modeling the uncertainty of extreme events
Keeping up with evolving regulatory standards
Dependency on external support
Fraud Detection and Prevention
Identifies fraudulent activities using pattern recognition, anomaly detection, and NLP on claims data.
Document and Data Management
AI-driven OCR processes documents and extracts data from unstructured sources like claims reports
Claims Processing and Management
Automates claims handling with AI chatbots, OCR, and image recognition for damage assessment.
Customer Service and Engagement
AI chatbots provide instant support, personalize interactions, and analyze sentiment.
Policy Pricing and Personalization
AI analyzes behavioral and usage data to tailor insurance products and dynamic pricing models.
Recommendation Systems
Suggests products to customers based on their preferences and behavior.
Underwriting and Risk Assessment
AI evaluates risk profiles using historical data, behavior, and real-time analytics to improve accuracy
Predictive Health Analytics
Use EHR data to predict diseases
Catastrophe Modeling and Analysis
Predicts natural disaster impacts and assesses risks for optimized claims preparation and pricing
Regulatory Compliance
Automates compliance monitoring and ensures adherence to regulations using NLP and data analytics
Upskilling, Technical Training & Custom Courses
Empowers your team with technical and strategic skills and expertise
Schedule a strategy session!
