Responsive Intelligence Platform. Improved Insurance Solutions.
We partner with you to streamline operations, empower your employees & enable data-centric decisions.
Driving success in the Insurance industry
iLearningEngines offers a comprehensive risk management solution for the insurance industry, which drives outcomes at scale in all key functional areas – underwriting, claims, loss control, sales and customer service.
Applications
iLE eases data collection and data validation, integrating with third party TPA and Insurance systems seamlessly. This helps in optimizing the policy administration process. Our platform enables data collection across multiple data formats and transforms the insurance application process through event triggers and intelligent extraction of structured and unstructured data. It automates document-intensive operations, including processing of loss-run reports, analysis of statement of value reports, and explanations of evidence of insurability to customers.
Claims
iLE helps with automated processing that significantly reduces manual work to speed up claims processing. Claims processing rules can be set up to process large volumes of claims . Business rules can be set up to guard against fraudulent claims by comparing claims against customer profiles and histories. iLE’s AI models are able to auto extract data from texts like description, claim notes and more, and populate or validate claim details. Customer experience is also enhanced with immediate claim processing, protection against human error and pay-outs based on profiles.
Compliance
Business regulations and government rules change on a regular basis. Agents and employees working for Producers, TPAs, Insurers and Reinsurers are always scrambling for the latest regulation and changes in rules. iLE AI-enabled Knowledge Shelves keep operation teams updated on any regulatory changes in real time.They can auto-identify the impact of potential compliance exposures on key stakeholders and pull information directly from regulatory sites in real-time, eliminating routine manual compliance tasks which are prone to compliance breaches.
iLE integrates with back-end Enterprise systems and consolidates data from training, incidents or claims and work load systems. Our risk assessment tools aggregate data, automate action plans to drive training and provide corrective actions to streamline reporting into one easy-to-use dashboard. Our Information Intelligence platform helps digitized reporting, reduces administrative tasks by over 60% and automates data transfers relevant to internal stakeholders and departments. We can also design individually tailored solutions for proactive loss mitigation efforts and benchmarking to show point-in-time trend analysis against self and peers.
For Loss Control
iLE’s impact across the Insurance industry
%
reduction of costs with job automation
%
improvement in accuracy
%
faster rate of service delivery
%
increased business productivity
%
reduction in capacity overload
How iLE transforms the Insurance ecosystem
Helping Insurance Companies across the claims ecosystem
Our core capabilities
Unlock your competitive advantage with iLE
For us, a Partnership is a Relationship
iLearningEngines has a strong Partner Program because we believe in fostering solid relationships. That is why our commitment to business empowerment includes partnering with Resellers, Integrators, Content Creators, Consultants and more. Our relationships with these companies have helped extend the reach of our technologies globally.