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AI-powered Insurance Claim Processing and Fraud Analytics
Revolutionizing the Insurance industry with Solution offerings for enabling Automated, Optimized Claims, effective customer engagement Strategy and Fraud Detection offerings.
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Customer Engagement and Social Media Platforms
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Rent Protection and Smart Homes
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Threat Intelligence and Automation
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Real-Time Estimation, Fraud Reduction and Improved Security
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Remote Claim Settlement and High Quality Evidence
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Customer Satisfaction & Robo-Advisors for Financial Products
Artificial Intelligence for Insurance Service Offerings
Streamlining Insurance Claims and Risk Quantification with AI.
Consumer Behaviour and Marketing
Digital Solutions for enabling clients to acquire new customers, identifying customers, designing Segment-Based Retention strategies with Acquisition and Churn Analytics.
Risk and Compliance Analytics
Risk and Compliance Analytics to proactively identify issues, take corrective action, and self-report to regulators regularly.
Fraud Analytics
Using AI, Insurers improve Fraud Detection and criminal activity through Data Management and Predictive Modeling. Match the variables in every claim against the profiles of past claims, which are fraudulent for further investigation.
Analytics Based Digital Insurance Solutions
Applications of Artificial Intelligence in Insurance
Real-Time Claim Processing and Decision Management Solutions for Enterprises.
Big Data Management and Data Governance
It provides a strategic approach to Data Governance as Collecting, Safeguarding, and analyzing Big Data. The most prominent governance goal is to provide reliable and accurate data for risk aggregation and reporting, including data accountability and traceability. Enables more intelligent decision-making by spotting trends, patterns, and hidden insights by visually exploring data sets of any size. Uncover unexpected insights, find answers to complex problems, and quickly identify new and better courses of action by visually analyzing your data.
Real-Time Claim Processing and Estimations
Real-Time Data Analytics provides fast updates and course corrections for the most effective route forward. It monitors risk and customer behavior and takes actionable steps in Real-Time or near Real-Time, leading to improved underwriting and pricing of current products.
Operational Management
It enables Supply Chain Analytics, Claims Analytics, Call Center Analytics, Workforce Analytics, IT Operations Analytics, Spend & Usage, and Behaviour Analytics to gain deep insight into the actions to improve operational efficiency. It reduces costs and optimizes business and financial performance, payments processing, branch, channel performance, and sales management, enabling insurance companies to plan more strategically and effectively for the future.
Pattern Recognition
It identifies patterns in the user data, business opportunities, and fraud risks. It reduces data security breaches, payment, and transaction fraud. It includes fingerprint identification, interprets DNA sequences, Seismic Analysis, Image Processing, Segmentation and Analysis, Computer Vision.
Decision Management
Recommendations based on identified patterns, Asset Management, Liability Management, Automated Decision Modeling, specific analytics decisions, Decision Profiling.
Personalisation and Behavioural Pricing
Receives Real-Time and current information needed and used, Telematics and Sensors for collecting customer information, personalized attention to customers, monitors customer's goals and behavior through Robo-advisors and understands their emotions.
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XenonStack is now Kubernetes Certified Service Provider
We are proud to announce that XenonStack is now a Kubernetes Certified Service Provider, Run by the Cloud Native Computing Foundation in collaboration with the Linux Foundation. We are also Silver Partner of the Linux Foundation and Cloud Native Computing Foundation. The CNCF encourages the development of cloud-based open-source applications by rendering technologies available to the open-source community and by promoting ecosystem development Kubernetes Certified Service Provider is a testimony to XenonStack’s dedication to contributing to Kubernetes’ growth.
21 April 2020
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