Minimize risks, maximize profits and multiply customers
Insurance companies globally are seeing increased challenges as a result of slower growth, changing consumer behavior, higher claim incidences, increased regulatory oversight and greater capital requirement. This is driving companies to take a hard look at top line growth and profitability. We assist our clients across a range of services to address the above. These are claims analytics, pricing and actuarial services, information management and telematics.
Our Insurance Practice works with leading insurers to manage claims operations more efficiently through claims modelling (frequency, severity), claims KPI design and reporting, over-writing / under-recovery analytics, claims process mapping and automation. Clients leverage us to optimize their pricing through pure premium modelling, loss ratio analytics, premium discounting (telematics based UBI), catastrophe modelling and rate filing / capital model validation. Further, we assist our clients in data strategy design, data integration, master data management, data archival and retention audits, data quality audits and data visualization. We also provide telematics capabilities to build or enhance location based services, loyalty program management, psychographic / lifestyle mapping, vehicle health services and emergency road services.
Predictive analytics to retain policy holders
Transform the contact center from cost center to profit center.
Data warehousing and Business Intelligence
Sales Activity Planning
Competitive dynamics analysis
Learn more about Axtria Insurance Offerings