Insurance
Enable advanced analysis on pricing, product, underwriting and claims with process automation. Model claims and disputes and hyperpersonalise for superior customer experiences and growth opportunities.
The Challenges We Solve In Insurance:
Pricing and Onboarding Delays
Customer frustration and loss of revenue from premiums are frequent with pricing inaccuracies and delayed policy issuance.
Risk Assessment Complexity
Underwriting processes become difficult with risk management complexities across data, risk profiles and changing regulatory and compliance requirements.
Claim Processing Inefficiencies
Highly manual and paper-based processes with inconsistent or poorly defined claims can lead to delays, errors, and increased costs for insurers.
Our Solutions in Insurance:
OPERATIONS
- •Claims Process Insights & Optimisation
- •Claims Data Modelling
- •Dynamic Price Modelling
- •Trend Forecasting & Predictive Analytics
- •FinOps Delivery
RISK
- •Risk Assessment and Reporting
- •Risk Management & Governance
- •Fraud Prevention, Detection & Analytics
- •Underwriting Modernisation
CUSTOMER
- •‘Quote to Buy’ optimisation
- •Customer 360
- •Self-Service Customer Engagement
- •Hypersonalised Insurance Experience
- •Automated Claims Management
The value we unlock in Insurance:
Improved Pricing and Onboarding
Our ability to drive deep insights help facilitate accurate pricing models that lead to more competitive premiums that reflect risk and help enhance automated onboarding processes.
Accurate Risk Assessment
We leverage AI & ML for predictive analytics in underwriting, whilst making it available to staff for improved risk management and customer outcomes.
Enhanced Claims Processing
Our capabilities in file, image and document processing with AI enabled processes ensure claims are handled accurately, efficiently and are importantly updating internal analytics for improving the operational position.
Explore how V2 transforms industries
Financial Services
Streamline regulatory compliance and risk management, while shaping your priorities across banking, insurance, and capital markets.
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Energy & Utilities
Streamline operations, increase profitability and reduce compliance issues in the energy sector across trading, networks, wholesale or retail, whilst powering the path to renewable energy initiatives.
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Retail
Blend technology, creativity, and customer-centricity to meet the expectations of today’s time-conscious consumers for building brand loyalty and increasing sales.
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