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 processing
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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...
US$ 25 Million Saved by Insurance Company in Claims Processing Using Fraud Detection Analytics
Business Challenge Improving fraud detection in insurance claims. A global insurance company wanted to improve fraud detection in its insurance claims, while also reducing time and resources spent on false alarms. Contact an analytics expert for comprehensive insights...