Insurance Analytics Service

Analytics Insurance:

  • Service Images Insurance Analytics Service:

    Insurance firms have long understood the importance of analytics. Today, a customer demand is pressuring industry players to better personalize their products and services. Advanced analytics can provide solutions to these challenges.

    Insurance industry is faced with several challenges in the form of increased competition, stern client base, ageing population, growing regulative scrutiny, rising healthcare prices, augmented frauds, managing distribution channels, attracting and retentive customers. In order to overcome these challenges and gain planned advantage, Insurance companies need to manage insured’s and claimant’s data across all their product lines, understand the complicated hierarchies and consolidate data from multiple systems so as to obtain meaningful insights on their products, accounts and claims data.
    Uniwides expertise in providing insurance analytical solutions is based on a sound understanding of the KPIs used to compute the performance of life, general insurance and specialty insurance businesses. Our Insurance analytics contains key metrics and dimensions of channel performance, growth of sales and claims processing and helps your managers quickly zero in on operational inefficiencies and get rid of process bottlenecks This in turn helps fast rollouts and early returns on your investment in insurance business Intelligence frameworks.

    Leveraging our in depth expertise in Insurance domain, we have developed different prepackage analytics packs that can help you jumpstart the analytics implementation and save costs .Our key offerings include:

    • Experience Analysis
    • Fraud and Claims Analysis
    • Portfolio risk management and Capital Allocation
    • Customer sentiment and persistency analysis