Insurance companies never focused much on investing in analytics before, but with the growing customer expectations and mushrooming challenges, the value of insurance analytics cannot be ignored. Insurance analytics has the potential to build optimized business models...
claims categorization
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Claims analytics reduces claims approval effort by 45% for health insurance provider in US
Business Challenge: Improving claims approval process. A leading health insurance provider in US wanted us to conduct data analysis for insurance claims and help automate the approval process. Situation: Cumbersome manual claims approval process The health insurance...