Improve combined ratios and increase claims settlement efficiency by automating the claims intake process

Improving the claim settlement and loss ratio for any life insurance company are extremely important metrics. Improving these metrics relies on resolving claims as fast as possible while also ensuring a positive customer experience. By automating the claims intake process, carriers are able to:

• Realize faster time to resolution, which will positively impact both  loss and combined ratios.
• Reduce manual work when processing claims to reduce costly errors and improve response times, resulting in an improved combined ratio.
• Identify fraud and outlier data through ingesting and processing data for comparison

A partnership with Indico Data can enable carriers with data-driven decision-making by automating intake workflows. Ultimately, decreases processing time from days to hours with higher accuracy – all while driving profitable growth.