Distribution Solutions
AI and machine learning have significantly impacted the Distribution landscape and value chain. From disrupting the value chain and creating new business models to automating manual processes and making faster decisions, AI is being widely adopted by both established carriers and new insurtechs. Machine learning models can help transform all critical functions in the Insurance value chain.
Underwriting
AI can help automate underwriting processes, build personalized risk profiles and risk premiums, perform better segmentation, build predictive models to control risk and drive profits and improve the overall loss ratio.
Claims
Enhanced fraud detection, automated damage estimation, and subrogation models can significantly reduce the claims settlement cycle and costs.
Customer Servicing and Management
Chatbots and autoresponders can help with faster customer query resolution. Predictive and prescriptive models can identify cross-sell opportunities, identify at-risk customers and provide recommendations to reduce churn.
Technology
Discover reusable AI assets
Visually label various data types
Build, deploy and monitor AI models
Services
Realize the potential of AI and ML
Rapid delivery of prototypes
ML Solutions Deployment at scale
Fully managed service
Analytics, Cloud Native Services