insuranceinsurance

Insurance

Our Digital Solutions Insure
Your Growth Plans

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Want to optimize premiums, identify fraud claims, predict retention, and do so much more to increase their top line and strengthen their bottom line and achieve other benefits such as:

Micro customer segmentation for more effective market campaigns

Reduce customer churn

Lower campaign and infrastructure costs

Better cross sell

Improve customer profitability, satisfaction, loyalty and retention

Right offer for the right customer

Micro customer segmentation for more effective market campaigns

Better cross sell

Reduce customer churn

Improve customer profitability, satisfaction, loyalty and retention

Lower campaign and infrastructure costs

Right offer for the right customer

If you have not already thought about adopting digital technologies, here are some fast facts about the
industry and its players:

If you have not already thought about adopting digital technologies, here are some fast facts about the industry and its players:

Globally 24% of insurance -tech ventures are looking at innovating their offering

10% of GI carriers have already started implementing IoT-based analytics and processing platforms

30% of insurers worldwide have already implemented AI based cognitive customer experience solutions

30% of the insurance companies are block chain ready

Group business to see further growth of ~10% due to growth in other sectors and in public sector

The TechM BPS Edge

Financial Management

Service Desk & Customer Service

IOT Solutionl

Finance and Accounting

Mobilization as a Service

Analytics

Artificial Intelligence-TACTiX

TEMS

Digitized Solutions

Digitized Document Management Solutions

Automated Workflow for B2B Transactions

Persistency Management

Underwriting & New Business

Customer Acquisition Optimization

New Business Document Management

Automated U/W Engines

Claims

FNOL Optimization

Claims RPA-Data Entry

Claims TAT

Claims Leakage Control

Claims Forms Analysis

Vendor Consolidation & Expense Management

FNOL Optimization

Claims RPA-Data Entry

Claims TAT

Claims Leakage Control

Claims Forms Analysis

Sales

Cross Selling Platform

Channel/Agent Efficiency Model

Product Optimization

Sales ROI Models

Robotics & Analytics

Claims Payments

Claims Communication

Market Analytics

Why TechM BPS?

Want to optimize premiums, identify fraud claims, predict retention, and do so much more to increase their top line and strengthen their bottom line and achieve other benefits such as:

Service over 2,000 product variants including secured and unsecured

Manage 4 distinct asset classes on a single system

Deliver 6x growth in secured loans

Deliver 30% increase in cash collected since on-boarding

Process over £2.6 Billion annual payments for a UK based client

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