Insurance automation, coupled with AI & ML programs, stands out to design high growth business strategies for the Industry. At Nalashaa, we re-engineer the complete insurance process by leveraging intelligent automation, data analytics, and AI to address not just manual, structured, and repetitive tasks but also the ones involving judgment-based decision making.
Our innovative solutions powered by the convergence of AI, ML, RPA, and cognitive cloud, are helping our insurance partners with decision-making and regulatory compliance, while fostering a smarter way of working.
Challenges
The Insurance Industry is evolving, and so are customer expectations. This makes it imperative for insurers to build solutions that improve customer experience and exceed expectations. The stiff competition has forced them to seek a silver bullet to improve efficiency and reduce operating costs.
Until recently, simple bots with limited capabilities were handling manual processes. But the technology was insufficient for tackling the evolving challenges in underwriting, policy administration, claims processing, policy servicing, and other critical insurance operations. Today, organizations are flooded with routine, repetitive, and operational tasks best handled by attended bots with enhanced intelligence.
How can RPA help?
Robotic process automation in insurance can provide organizations with advanced processing capabilities while streamlining critical and resource-hungry operations. RPA in insurance assists in delivering an enhanced customer experience through quicker and error-free emulation of transactional, administrative tasks. Our solutions go beyond just cost reduction and efficiency to present value growth opportunities for insurers.
Claims Management
Claims Processing, Claims Adjudication, Claims Approval
Policy Administration & Servicing
Policy Checking, Policy Issuance, Endorsements
Renewals & Purchases
Quote Management, Auto-alerts & Reminders, Renewals
Underwriting & Pricing
Underwriting Claims, Income Calculation, Risk Evaluation, Loss Evaluation
Finance & Accounts
Track Account Receivables/Payments, Generate Invoice, Invoice Payment & Shipment
Compliance & Fraud Detection
Compliance Check & Validation, Contract Issuance, HIPAA assessment
Automate Your Business Processes for Success
Before we assist you to transform your business through automation, help us understand your context better. The form below is the first step to that.