Helping insurance companies simplify day-to-day procedures, bring efficiency, create a better customer experience and improve profitability with digital transformation technologies.
Helping insurance companies simplify day-to-day procedures, bring efficiency, create a better customer experience and improve profitability with digital transformation technologies.
Leveraging the capabilities of emerging technologies, including IoT, AI and Blockchain, we develop insurance software solutions that offer a seamless experience to both insurance companies and customers.
Our software developers uses the potential of AI to bring intelligent data and fasten decision making, allowing insurance companies to quicken the claim settlement process.
Our team develops chatbots that can fetch customer’s social data and geographic information to provide personalized buying experience.
Our experts leverage the inteligence of AI and data feeding capability of IoT sensors to provide personalized data that helps in identifying pricing based on behavior.
We build custom claims management solution for efficient claims data collection and faster settlement while reducing processing time, automating claims process and enhancing customer experience.
Our team develops smart document management system that can help you automate streamlining of documents while reducing complexity of managing them manually.
We create custom insurance quoting module that includes qualitative risk assessment and custom premiums calculation. Using predictive analytics, we allow insurance companies to leverage statistical data and make crucial decisions.
We develop custom risk management software that facilitates tracking of key risk indicators (KRIs) in real time and notifies users of important prevention actions via SMS, email or push notifications.
We build cloud-based Insurance Compliance Software to automate the screening process for regulatory requirements and business rules. We ensure to comply with regulatory standards in your country for insurance software.
Our Insurance App Development Company builds cross-platform and hybrid mobile applications with client self-service portals and insurance claim submission modules. We build an engaging experience for your clients that help them to access insurance services seamlessly.
Small, medium or large – predictive modeling can be implemented in any insurance company. Every insurance company asks a question – how can we introduce a cost-effective and sustainable predictive modeling strategy within the organization? Here’s the answer:
Insurers may lose money if customers don’t upgrade or renew their plans because lapsed policies have to be replaced with new business. Using predictive analytics, it is possible to analyze customers’ historical data that will allow you to identify marketing options for a specific type of customer. Identifying customer trends or behavior will lead to a reduction in non-renewals and cancellations.
Fraud detection algorithms can be created using machine learning that processes large datasets and identifies hidden correlations between fraudulent actions and user behavior. Big financial institutions use ML to combat fraudulent claims and fake consumers. For example, MasterCard has integrated AI and ML to trace and process variables, including transaction size, location, device, time and purchase data.
Based on the insights gathered from customers’ historical plans and transactions, insurance companies can be able to provide precise pricing to their customers. It helps insurers reduce loss ratio, increase retention ratio and reduce acquisition costs. With linear and non-linear algorithms, AI helps provide accurate risk-specific pricing.
Using AI, insurers can develop a report to predict the probability that the compensation claim could lead to litigation. Claims with a high probability of litigation can be referred to the senior team for early and appealing settlement offers. It can save companies the high cost of litigation.
Bluetris Technologies: Seamlessly bridging Logistics, Consumer Electronics, Travel, Fintech, Healthcare, Manufacturing, EdTech Startups, and On-Demand App Development. Your trusted partner for innovation across diverse industries.”
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Get on a call with our team to know the feasibility of your project idea.
Based on the project requirements, we share a project proposal with budget and timeline estimates.
Once the project is signed, we bring together a team from a range of disciplines to kick start your project.
