Claims AI Cloud

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Overview

Claims AI Cloud – AI platform for P&C insurers. The platform turns insurance claims settlement cycle into an efficient and rewarding process. Save on cost and resources and delight your customers with speedy and correct settlement. Bring the AI power to your claims process with Claims AI Cloud.

Key Predictions - Fraud propensity, Subrogation potential, Payout prediction, BI Leakage, Litigation and Fast tracking claims.

Key Features

Works with Most Transaction Systems

Encryption and Security

Microservices and RESTful API’s

Computer Vision Capability to Analyze and Provide Insights Based on Incident Images

NLP Engine Extracts Meaning from Notes Enhancing the Prediction Accuracy Multifold

Key Benefits

Fast Closures - Reduce cycle times by identifying and finding more claims for Straight-Through Processing (STP) based on predictive accuracy scores.

Minimized Losses - Minimize losses by predicting and investigating high probability fraudulent claims early to catch more fraud.

Reduced Expenses - Key predictive scores at various stages during the claims lifecycle mean more efficiency and lower adjustment expenses.

Improved NPS - Overall improvement in claims cycle times, processing and accuracy results in better customer experience and NPS.