New technologies are redefining the insurance industry and creating new opportunities across P&C, Life, Health, Auto and Re-insurance markets. Internet of things (IoT) solutions are being used to streamline field operations, predictively calculate risk, improve customer engagement, keep pace with compliance, and boost competitive advantage.
Damco helps you get started with IoT-enabled technologies and leverage data to make powerful data-driven decisions to better service existing customers, attract new business, and reduce insurance claims costs.
As one of the leading providers of IoT solutions, Damco enables insurance businesses to simplify and accelerate IoT adoption. We customize a value proposition for your company by applying a focused approach to streamline the complex IoT ecosystem, with a solution tailored to your insurance automation requirements.
IoT enabled technologies allows more precise risk management, where insurers can use collected information to prevent fraud claims.
IOT helps insurers cut costs. Automation can cut the cost of the claims process and IOT-connected devices have helped some insurance companies lower their premiums.
Connected devices like biometric and environmental sensors allows insurers to know their customers on a deeper level with more accurate personal information. Create powerful bonds, calculate risks and customize policies as situations change.
Improve all the features of your business processes (underwriting, claims, policy services, reinsurance, and customer services) by using modern data analytics captured using connected IoT solutions.
Dedicated Practice to deliver services and solutions for Insurance businesses.
1100+ person years of experience in delivering Insurance technology services.
100+ Insurance projects delivered globally, 60+ Insurance Customers.
30+ installations of InsureEdge – a complete technology platform.
Strong experience in multiple lines of business covering Life, Health & General Insurance.
Strong Technology Expertise on Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.
Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.
Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.