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We believe that Analytics and Big Data will be the fundamental agents of transformation, driven by technology enabling new ways to extract insight from data.
We believe that Analytics and Big Data will be the fundamental agents of transformation, driven by technology enabling new ways to extract insight from data.
As per market standards, the underwriting process is used to evaluate an insurance application. Coming to support modern underwriters, Data-Driven Underwriting is a powerful analytics solution that enables them to monitor the performance of their portfolio and drive volume by leveraging data, dashboarding, visualisation and advanced analytics.
We believe that integrating Analytics and Big Data in underwriting solutions will be the fundamental agent of digital transformation, driven by technology enabling new ways to extract, interpret and predict data.
We can help you leverage data and analytics to be in control of a healthy combined ratio, increase volume and ensure the loyalty of your policyholders.
Consultancy
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Data & Analytics
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In response to the exploding volume of data now available to insurance carriers, enabling the Data-Driven Underwriting process, our Consultancy and Data Analytics services help you to quickly realize tangible business benefits.
Managing Data Collection
Following the first step in the onboarding process where contact information is collected, the customer will be prompted to upload/take a picture of their photo ID.
Based on this, the OCR (optical character recognition) flow runs and all the data is captured and saved in the predefined onboarding form in the application.
Integrating Data Analytics into the underwriting process
The KYC (Know Your Customer) procedure is defined as the process a business such as a bank uses to verify the identity of its clients, whether these are persons or legal entities.
Our KYC platform allows you to integrate the complete digital identification of business and customers into the sign-up process via API, while being fully compliant with current legislation.
Underwriting process innovation through data
The data gathering process has been transformed – data can now be collected directly from the customer and large amounts of external data can be integrated into the underwriting process. Insurance leaders are now taking increased strategic risks to get to the forefront of product innovation.
get in touch
Connect with a Digital Insurance Expert and let’s talk about your plans for digital transformation
Craiova, Romania
30 Stirbei Voda Blvd, 10th floor,
Malmo Business Center, 200423, Craiova
London, UK
New Broad Street House,
35 New Broad Street, London, EC2M 1NH
Skopje, Macedonia
Soravia Business Center,
Filip Vtori Makedonski no. 3, 1000 Skopje, North Macedonia
Craiova, Romania
30 Stirbei Voda Blvd, 10th floor,
Malmo Business Center, 200423 Craiova
London, UK
New Broad Street House,
35 New Broad Street,
London, EC2M 1NH
Skopje, Macedonia
Soravia Business Center,
Filip Vtori Makedonski no. 3, 1000 Skopje
