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Insurance

Insurance

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New age insurance

Increase Sales & Optimize Sales Channels, Improve Customer Satisfaction, Optimize Prices, Improve Claims Management


Leverage “smart” data insights from our tailor made explainable AI models to achieve optimal understanding of costumer's behavior and needs, increase efficiency of sales and marketing channels, implement smart pricing and reduce claims. 

Use Cases

  • Sales optimization

    sales uplift by 25-40%

    Sales optimization tool uses proprietary AI algorithms to customize product/channel offering to achieve the optimal sales efficiency & customer satisfaction. The insights are seamlessly implemented in the everyday operations. 

  • Churn prevention

    increased retention by 6-10%

    Churn prevention engine utilizes AI models to timely identify the customers who are intending to change the product and approach them through the design of the optimal offer & communication channel.

  • Smart pricing

    reduction in CoR by 4-6%

    Price optimization engine leverages our proprietary AI models for each price component for customized & efficient pricing.

  • Claims management

    decrease in claims payouts by 8-12%

    Claim management tool leverages AI insights to optimize cash settlement, anti-fraud and repair shop steering.

Collaboration

  • Collocation and co-development of models to enable knowledge transfer

  • Adjusting length and intensity of our support to ensure time for clients to absorb knowledge

  • Building “business translator” capabilities from day 1

We follow a structured, phased approach to ensure capturing the full business potential of the data

  • Ideation

    Identify the opportunities through collaboration across the integral dimensions of data, models, people and technology

    Ideation
    1 day
  • Intelligence

    Align on scope and objectives, determine tech infrastructure, prioritize use cases, collect and validate data.

    Intelligence
    2-4 weeks
  • Proof of concept

    Deliver fully functional E2E integrated solution in the selected line of business

    Proof of concept
    8-12 weeks
  • Scale-up

    Scale-up to other lines of business to capture the full potential. Build and reinforce required capabilities.

    Scale-up
    6+ months

EM Analytic Solution

Our Team

Commited to build stronger organizations

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Kabi Srbija Design and development Kabi Serbia