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Enterprise AI in Insurance

Driven by intelligence.

Overview

Deploy artificial intelligence insurance solutions aligned with your business to drive more accurate pricing, higher conversions, precise underwriting, faster time-to-market, and lower loss ratios. 

HTCNXT helps you build Enterprise AI solutions for insurance faster and more effectively so that you stay ahead of inflation-related payout variations, reduce Additional Living Expenses costs from processing delays, lower paperwork processing times, and improve customer claims satisfaction. Our Enterprise AI solutions help you enhance resilience across claims processing, documentation, settlement, and post-claim recommendation with pace and ease.

Intelligence in action

Underwriting automation

Simplify underwriting with advanced prediction models and intelligence.

Improve efficiency, risk assessment accuracy, and processing times with AI solutions for underwriting claims management. Reduce your costs while delivering transparent and simplified services to your customers.

Predictive pricing

Optimize pricing and risk assessment with deep customer insights.

Leverage advanced algorithms, including Generative AI in Insurance, to assess various factors and predict the likelihood of specific outcomes while deciding premiums. Improve your price competitiveness and customer experiences with intelligence and insights.

Claims management

Leverage AI in Insurance Claims Management and enable smarter claims processing and fraud detection capabilities with advanced analysis.
Identify claims suitable for straight-through processing while efficiently flagging potentially fraudulent claims to minimize risks. Predict large loss scenarios using claim severity analysis. Leverage subrogation opportunities to manage claims and mitigate financial impact effectively. Explore the potential of Generative AI for Claims Processing to revolutionize your claims management.

Next best offer

Leverage AI-driven upselling and cross-selling opportunities for revenue growth.

Take advantage of upselling and cross-selling opportunities with AI support, reducing customer churn and maximizing revenue potential. Mine valuable insights from intelligent predictions to generate tailored offers that resonate with customers, driving increased sales and customer satisfaction.

Our Process

Step 1
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2-3 weeks

Step 2
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2-3 weeks

Step 3
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2-3 weeks

Step 4
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2-3 weeks

01

Brief

02

Assessment

03

Trial

04

Deployment

Insights you can trust

Case Studies

ENHANCING PRODUCTIVITY WITH PRECISION

We prevented more than 80% of wrong supplier codes in its first iteration, enabling a global automobile company to optimize its production with AI and ML-led solutions.

Case Studies

EMPOWERING RESEARCHERS TO EXCEL

We helped a large public research university in California build AI/ML-driven solutions for managing technical data.

Case Studies

REIMAGINING INTERACTIVE
TRAINING

We enabled a multinational mass media and entertainment conglomerate enhance its interactive training modules with a VR-based 360° solution.

Case Studies

ENABLING A TRANSFORMATIVE FNOL EXPERIENCE

We enabled a 70% reduction in the turnaround time for auto claims, helping the insurer reimagine claims intake with an AI-based FNOL solution.

Blog

AI BEYOND THE HYPE: WHY THIS IS TRULY A TRANSFORMATIVE MOMENT FOR TECHNOLOGY

AI has been envisioned as a business multiplier for decades, but its adoption has only recently gained pace.

Blog

COMBINING GENERATIVE AI WITH AUTOMATION AND APIS: REALIZING AI AT SCALE

Generative AI models and similar architectures are known for their impressive and versatile features. These models have revolutionized natural language understanding and generation.

Blog

GENERATIVE AI IN INSURANCE CLAIMS: IS THE PROMISE OF AUTOMATION JUST HYPE?

The insurance industry is vital to the growth of the global economy, providing financial protection and stability to individuals and businesses.

Brochure

BUILDING AI-FIRST ENTERPRISES - EXPLORE HTCNXT

AI-powered solutions are helping businesses gain deeper insights to make data-driven decisions with enhanced precision.

Take the leap

Talk to our domain experts to understand the best Enterprise AI use cases for your business.





    Take the leap

    Talk to our domain experts to understand the best use cases of Enterprise AI for your business.





      © Copyright 2023 HTC Global Services. All Right Reserved

      © Copyright 2023 HTC Global Services. All rights reserved