"Up to 40 percent of P&C and life insurers’ expenses are locked up in their top 20 to 30 core end-to-end processes,
the—costs that digitization can reduce, and in some cases, eliminate"
With new technologies driving innovations, the financial sector is seeing a significant increase in efficiency. And the Insurance Sector is not lagging. AI, Cloud and adoption of and digital channels are facilitating rich engagements with customers and enhancing business productivity. On the other hand, these technologies are also helping isurers detect frauds, mitigate risks and improve operational efficiencies while increasing collaboration across insurance ecosystem of Channels Partners, Hospitals, and Banks.
We at Exponentia.ai have been an active evangelist in driving these technological advancements for leading Insurance Companies in India. And we are enabling our clients serve their customers better, drive new business, Improve persistency, reduce loss ratio and stay ahead of the competition.
Featured case study
Automation of claim tracking system through Microsoft PowerApps
Learn how we helped a leading claim management organization automate their claim tracking system with the help of Microsoft PowerApps
Download the case study>
Saving of effort for 1000 claims/ yr
applied to 4 automated workflows
Data screens designed for data editing
Dashboards created to review performance
Unleash the power of analytics in insurance
We understand that the profitability of an Insurance business is directly correlated with Persistency. Our analytics solutions help insurance companies improve Persistency Ratio by identifying potential customers that may not renew their policies in time and help them take necessary preventive actions.
Channel Performance Improvement
In the insurance business, performance of channel partners play a significant role in overall growth and development. Our solutions enable insurance companies to track, manage and improve their channel partners’ performance. Our solutions are scalable to the large number of Agency and Banca partners that insurers may have.
Our solutions help insurance companies to process customer information from multiple touchpoints, analyze them and provide insights into customer preferences. We help insurance companies hyper-personalize interactions through analytics to help insurers tailor digital experiences to match customer expectations and suit the specific needs of their customers.
Replace manual fraud detection with analytics! With our efficient analytics solution, identify suspicious claims, analyze them and make recommendations for claim denial or further validations as required.
Learn how we helped a leading insurance organization significantly improve their sales with the power of Analytics & Automation
Learn how we helped a leadinfinsurance organization automate their claim tracking system with the help of Microsoft PowerApps
Learn how we helped a leading oil & gas company increase the effectiveness of their sales & marketing communications by developing a 360 degree view of their retail operations & anomaly detection
Learn how we helped a leading real estate optimize their operations and improve customer satisfaction with ML interventions.
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