Automation in Insurance Business

We offer a variety of solutions to help streamline and enhance the insurance industry.

Automation in Insurance Business

Automation in Insurance Business

Our customer friendly product, eOxegen offers automated solutions based on AI algorithm and ML, that helps insurers assess risk, detect fraud and reduce human error in the application process. The AI driven system also helps offer the customer with the best solution that would suit to their needs. The customer benefits from getting a streamlined service and hassle-free processing of claims due to automation in insurance business.

We ensure that our KPI and deep learning model driven fraud predictive engine help identify illegal claims, which protects the insurance company as well as the customers. This feature analyses the value on the basis of historical costs, claims, expenses, risks and profits. The insurance claims process automation uses analytics to review previous claims and send out alerts to the claim specialist automatically, thereby minimizing the chance of human error.

The single click quotation feature of eOxegen offers its customers a personalized integrated service which expedites the customer’s insurance buying experience. The seamless facility provides the convenience of fast response and usually is a lesser cost insurance. With click of a mouse, the single click quotation option empowers the customer to make an informed choice.

Our algorithm driven workflow-based insurance business process automation underwriting matrix provides numerous benefits like of ease of managing processes through a simple interface and allows access to various stakeholders across the organization to use the information on a real-time basis. The eOxegen rating engine helps automate the entire process of applying low costs, rules and rating factors to generate a price factoring in the risk aspect.

eOxegen understands that claim management is a crucial process both for the insurance company as well as the customer. Therefore, to allow the insurers to cut operational costs, reduce fraud and improve customer loyalty, eOxegen uses the insurance claims process automated decisioning system. The automated system reviews the data and runs checks on the policy, claimant and the service provider to authenticate the validate the authenticity of the claim.

We believe that a satisfied customer is a loyal customer. And, for effective customer satisfaction, the communication needs to be seamless. The modern AI driven solutions provided by eOxegen proves beneficial for the customer as it reduces the processing time of the information thereby increasing the probability of the cases getting accepted faster. This feature also ensures that the customer is fully aware of both the products and processes.

eOxegen ensures a real-time data transfer from customer/network interface that facilitates the decision-making process using a tech enabled process. As service providers, we believe to keep a customer happy, we need to deliver the information he desires. The real-time data transfer addresses the need, making eOxegen the partner of choice in your journey of insurance.

At Track Four Infotec, we have customised automation system in insurance business to cater to your needs and enhance the experience, while reducing the turnaround time. Our dedicated team of experts are available to answer and facilitate your query.

Contact us today to learn more about how we can help you.

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