Insurance


Having worked with Insurance companies, we understand the immense value, pattern based analytics powered by Machine Learning adds to insurance services. We help insurance companies enhance their in-house data with lifestyle segmentation, demographic, and market potential.



How Algo8 has helped Insurance Companies


Algo 8 platform and frameworks for insurance services enable them in

  • Big Data Readiness and Data Lake Creation

    Create, Conceive and Implement Big Data enterprise solution to store and curate all type of internal and external data on a single platform, which maintains flexibility, security and scalability for any type of data initiative.

  • Customer Lifecycle Management Analytics

    Creating a 360 degree view of the customer, their profiling, creating a customer story and enabling analytics driven intervention.

  • Machine Learning and Deep Learning aaS

    CustomizedAI and Pattern based Learning Solutioning for contextual application in enterprises. Creation, Conception and Development of use cases in highly secure environmentsfor

    • Predictive Fraud Detection and Monitoring
    • Localised pricing
    • Weather Risk Prediction
    • Subrogation Recovery Analysis
    • AI Powered customer targeting and Cross sell
  • Loc8 for Insurance Companies

    An AI driven smart and easy location intelligence tool with advanced machine learning powered geospatial analysis to contextualise data for decision making such as enhancing in-house data with lifestyle segmentation, demographic, and market potential.

  • Opini8 for Insurance Companies

    An NLP based brand perception tool, which collates all social chatter about an insurance company and its competitors from channels like mail, social media,news,etc. Opini8 also enables customer support through NLP.



Testimonials

Reskilling is key to surviving in the AI enabled insurance industry

While the obvious merits of AI cannot be overruled, one also needs to consider that it can and will potentially replace human workers across multiple sectors. Windowless, humanless and faceless machines ...

AI emboldens insurance in ways not thought before

With the emergence of AI, complex and time consuming tasks are slowly becoming easier, faster and fault proof. While AI won't replace the human element in industries across the world for a long, long time, its potential to ...