INSURANCE

Leverage the benefits of digitization & grow your business

Case Study

Boost your sales through analytics & automation

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Automation of claim tracking system through PowerApps

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"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"
- McKinsey

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

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Key Achievements:

25%

Saving of effort for 1000 claims/ yr

100+ Business Rules

applied to 4 automated workflows


20+

Data screens designed for data editing

3

Dashboards created to review performance



Unleash the power of analytics in insurance

Persistency Improvement

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.

Hyper-personalization

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.

Fraud Analytics

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.

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Case Studies

INSURANCE
Boost your sales through analytics & automation

Business Objective


Learn how we helped a leading insurance organization significantly improve their sales with the power of Analytics & Automation

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WEALTH MANAGEMENT
Automation of claim tracking system through microsoft powerApps

Business Objective


Learn how we helped a leadinfinsurance organization automate their claim tracking system with the help of Microsoft PowerApps

Read More
OIL & GAS
Improving Sales & Marketing Effectiveness through 360 degree
view of operations

Business Objective


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

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REAL ESTATE
Optimizing Operations & Improving Customer Satisfaction with ML interventions

Business Objective


Learn how we helped a leading real estate optimize their operations and improve customer satisfaction with ML interventions.

Read More



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Case Studies

Blogs

Recommendation engine for life insurance


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   Managing frauds in insurance industry    

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Get in touch with us

Feel free to reach us at:

Email:

engage@exponentia.ai

Let's Talk:

022 25781086