Owing to the need to constantly manage risks that are of a varying nature, and operating in externally volatile market conditions, Insurance companies are always on toes to manage risk, customer service and operations efficiency.
Inteliment has been working with several leading Insurance companies, advisory and service providers. We add value to stakeholders in the Insurance domain via our data driven solutions and services that bring together, Descriptive, Diagnostive and Predictive analytics equipped with the ability to handle Structured and Semi-Structured Data
The solution covered a robust BI framework for Sales Regional and Branch Manager performance analysis, with insights on overall business health, competitor analysis, Top and Bottom regions / Products and Financial KPI monitoring available on mobile devices. Inteliment provided a complete platform life cycle services – assessment and roadmap, tool evaluation, licencing, deployment in a clustered and highly secure environment, design, modelling and development services as well as version upgrade and migration services to scale up the adoption.
Using our Analytics Capability for Insurance, you can achieve :
- Understand your customers better and drive your marketing efforts forward with a complete view of the customer across products and distribution channels.
- Predictive insights that maximize the performance of your multichannel distribution strategy.
Cross-sell and Up-sell
- Uncover new revenue opportunities. Predictive Analytics enables you to forecast expected customer behavior and connect the right offers to the right customers.
- Rate evasion - Spot rate evasion tactics during the quote process – before you issue a policy.
Actuarial Analysis and Ratemaking