Manage the complete underwriting process through one platform that combines rules management and predictive models, all without needing to write any code. Build, test and deploy underwriting strategies through an interface to ensure precision and transparency in underwriting processes. Execute underwriting strategies on a fully automated basis to deliver instant results to customers.
Reduce manual effort and drive better results by using a decision engine that produces firm, transparent decisions and flags certain claims for manual review. Incorporate predictive analytics across your claims management process to reduce costly manual effort, including performing initial analysis to bucket claims into categories such as Approve, Reject and Manual Review.
Create an optimized pricing strategy that minimizes adverse selection and maximizes profitability. Predictive models that combine estimates of risk and customer demand with rules regarding required returns can help develop granular pricing that's precisely suited to market conditions.
Create comprehensive decisioning strategies to prevent fraudulent claims from processing. Utilize machine learning models to recognize outliers and flag suspicious activity, reducing fraud losses, while reducing the rate of false positives, driving better customer experiences. In addition, fraud processing rules can be added without writing any code to optimize workflows.
Increase marketing efficiency and improve ROI with predictive analytics that ensure the most accurate targeting and messaging possible. Optimize your marketing with machine learning models that predict response rates and suggest the right message at the right time.