Whitepaper
63% of insurance executives believe that the entire industry will be transformed by intelligent technologies.
This report aims to fill the literacy gap by providing use cases of how Artificial Intelligence (AI) can actively transform the insurance industry.
Value-driven Technology Enabling Growth in the Insurance Industry
Risk Mitigation #1 Speeding up claims processing #2 Using chatbots to improve customer workflow #3 Detecting and preventing fraud |
First Notice of Loss #4 Mobile interfaces #5 Processing claims data autonomously |
Claims Management #6 Automated claims support #7 Advanced underwriting #8 Using algorithms to spot fraudulent claims |
Loss Assessment #9 Self-service apps |
Settlement #10 Expedited claims |
| Encora is an innovation partner to leading technology companies, providing digital engineering across cloud, AI, security, data, and more. With 9,000+ associates across 47+ offices and labs globally, our vertical capabilities and agile engineering approach accelerate innovation for clients. |
We have extensive industry knowledge and broad expertise in digital projects covering paperless quote and bind flows, automation of the claims process through AI, and fraud detection using machine learning algorithms across personal and commercial lines, corporate, and specialty.
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From data to insights, from manual forms to pure digital customer journeys, we are the partner of choice for many top-tier insurers and banks in Europe and North America.
