Damco Insurance Industry Offerings

Harness the Power of Machine Learning in Insurance Industry

Damco’s Insurance Machine Learning solutions help insurers combine the power of technology, data, and people. Machine Learning Health Insurance, Predictive Modeling combined with other new age technologies presents the opportunity for digital transformation, business process optimization leading to improved customer experience and competitive edge.

Claims Processing and Underwriting

Automate claim support, improve underwriting, streamline processes, develop different policies for different individuals, and reduce the likelihood of risk occurrence with machine learning insurance underwriting and machine learning insurance claims techniques and methodologies to experience significant fall processing time, cost, and a good increase in service quality.

Fraud Detection

By using multiple techniques detect fraudulent activity, suspicious links, and subtle behavior patterns to recognize fraud schemes that were not noticed before.

Personalized Marketing

Offer your customers highly personalized and relevant information with the help of advanced analytics extracting insights from a vast amount of data.

Sales and Distribution

Boost your sales and distribution by using machine learning along Insurance Value Chain to enable intelligent customer engagement, lead allocation for agents, insights to support customer segmentation, automated demand analysis, and more.

Risk Assessment

Machine Learnings Data analysis provide a systematic approach to risk information which assures the prediction of risk and limits it to the minimum in order to cut losses.

Price Optimization

Perform price optimization of proposed premiums on prospective policyholder by using Machine learning algorithm and techniques.

Operational Efficiency

ML algorithms assess and check for errors present in information on the system in a substantially shorter amount of time than it would take for an underwriter do the job.

Insights

BEYOND COVID-19:Imperatives For The Insurance Industry For New HorizonDownload

Download

Unlock the ROI of your CRMLearn how next-gen CRM can help Insurers personalize the buyer lifecycle for improved conversion Download

Download

Blogs & Insights

Our Clients

Our Differentiators

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.

Thank You for your Request

Our representative will get in touch with you shortly.