Real-time decision support for better claims outcomes
Advanced predictive analytics and AI in claims can help insurers make quicker and more accurate decisions throughout the claims lifecycle.
But not all solutions are created equal, and some may not be flexible enough to work with your current claims environment. Others may demand a high stakes ‘big bang’ approach, leaving your operations potentially vulnerable, or rely on the skills to oversee AI and predictive analytics in claims your teams don’t have.
Radar for claims is the answer
Achieve sub-second response times to claims and use advanced predictive analytics to identify trends quickly by integrating Radar for claims into your existing claims systems.
Plug Radar for claims into your current claims platform and get new levels of value across your claims lifecycle, fast.
Radar for claims is predictive analytics and AI for claims that comes with specialist support. Our multi-disciplined insurance consultants provide claims, data science and technology expertise to help build your in-house capability, to manage and oversee deployment and deliver ROI.
With Radar for claims, you can:
- Process structured and unstructured claims data simultaneously
- Overcome the risk and cost of building, maintaining and supporting your own open source claims software
- Maintain control of your intellectual property and avoid the risk from outsourcing predictive analytics and AI for claims
- Be assured you’re taking advantage of predictive analytics and AI within an environment that has governance and compliance built in
- Build an in-house capability to manage and oversee AI-enabled claims processing
Choose the Radar for claims you need
You can tailor Radar for claims to the specific needs of your claims operations. You can use its predictive analytics and AI technology and support for one use case or multiple use cases, depending on your needs.
Choose your pace of implementation, be it a test-and-learn or across the claims lifecycle.
Use across one or all product lines, wherever you have a reasonable volume of claims.
With predictive analytics and AI from Radar for claims, your claims handlers get faster, more accurate responses to key questions, such as:
- Is this claim valid?
- Is the insured loss repairable?
- Is there potential fraud?
- Which team or supplier is best suited to handle this claim?
- What’s the next best action on this claim?
Radar for claims: Python integration for better decision and competitive edge
Radar for claims makes it easier to leverage the power of Python and open source. Get real-time decision support and intelligent automation to deliver next generation claims processing.
Discover more on Radar with Python
