Insurance

Develop more individualized insurance policies and rates through richer, more dynamic customer data. 

Customers who bundle insurance services are more likely to renew with their provider, but finding the right product mix for customers is challenging. 

Automate tedious claims management procedures (done by analysts and rules-based systems), to ensure speed and accuracy in the processing of customer claims.

It covers the sales of the companies to its buyers on credit against the risk of loss due to the insolvency and protracted default of their customers.

Use NLU to automate back office processes and paperwork. Reduction in errors will lead to cost saving and increased KYC compliance.

Analyze thousands of data points in real time and flag suspicious or fraudulent transactions, stopping many fraudulent claims in the process.

More accurately predict premiums and losses for insurance policies, detecting risks early in the process.