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Insurance

AI-driven Process Optimization

We help deliver AI-driven solutions to optimize processes across critical business functions

Transform your business with our AI-driven insurance solutions

Our AI-driven platform helps streamline all insurance risk identification processes. It offers crucial insights on opportunities and risks across any coverage or industry, generating actionable insights for data-driven decision making. This helps leverage all data streams and empowers intelligent decision making. Thereby improving client acquisition and engagement while enhancing the ecosystem for your insurance business.
insurance process automation with iLE insurance application

Applications

iLE eases data collection and validation by integrating with third party TPA and Insurance systems seamlessly. This helps in optimizing the policy administration process.

Our platform enables data collection across multiple formats and transforms the insurance application process through event triggers and intelligent extraction of structured and unstructured data. The AI platform also automates manual and time intensive operations like the processing of loss-run reports and more.

ai process automation for insurance company

Claims

iLE helps with automated processing that significantly reduces manual work to speed up claims processing. Set up processing and business rules to streamline bulk claim processing and develop safe-guards to protect against fraud and establish client profile benchmarking and histories.

Our AI models are able to auto extract data from texts like descriptions, claim notes and more, and populate or validate claim details. Enhance customer experience with immediate claim processing and pay-outs based on profiles.

risk management software solutions

Compliance

iLE’s AI enabled knowledge shelves help insurers and insureds reduce the stress of the ever-changing landscape of business rules and government regulations with real-time updates across the enterprise.

Business teams can auto-identify the impact of potential compliance exposures on key stakeholders and pull information directly from regulatory sites in real-time, streamlining routine manual compliance tasks and reducing compliance breaches.

enterprise risk management software

Loss Control

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 and external stakeholders and departments. Design tailor-made solutions for proactive loss mitigation efforts to show point-in-time trend analysis.

Driving success in the insurance industry

Risk Management

Carrier, Producer and Enterprise

Insurance

Unlock your competitive advantage with iLE