Centralised and secure data management
Insurers need powerful and secure analytics to harness and analyse the wealth of data that is generated every day. With our solution, they gain insights to enable more efficient operations and capture opportunities for innovation and growth. Our modernisation solution significantly improves analytics by integrating data from a wide range of sources and automates reporting.
Our software simplifies the connection to existing or new sources, whether sales data or CRM data. In addition, you have the option of incorporating machine learning modules for continuous improvement. Automated reporting reduces reliance on technical resources and encourages more effective decision-making. As an integral part of our modernisation, our insurance analytics software ensures centralised and secure data management.
Automation of claim lifecycles
Modernisation and innovation can facilitate fraud if they are not carefully balanced with security. Claims fraud costs property and casualty insurers huge sums every year, denting profit margins and increasing premiums. With automation changing the claims lifecycle, the risk of losses due to fraudulent practices is rising.
Moreover, implementing fraud detection software involves high upfront costs, and a lack of technological resources and insufficient data integration can add to the challenge. However, our modernisation strategy solves the problem. We focus on validating and streamlining legitimate claims, while improving fraud detection and shortening claims cycle times.
Fraud investigation services
Through machine learning, we constantly optimise fraud detection, and our solution can connect to external sources to gather additional relevant information. The integration of our fraud investigation services, which have processed data from more than a million sources, provides a complete and holistic solution: it identifies potential fraud, channels cases easily to investigators and ensures feedback into the fraud management process, effectively closing the fraud cycle.
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InHub is our versatile and innovative technology base. It includes our cloud-based SaaS platform and integration framework, which form the foundation for our Insurtech solutions spanning Digital Transformation, Digital Modernisation, London Market, and Managed Services.
InHub is our middle-layer platform specialised in insurance. Designed for seamless integration, InHub is extensible and acts as a unifying layer to integrate modern technologies with legacy systems.
It adopts an API-first approach, providing modern APIs for efficient interoperability between systems. InHub also integrates with customer ecosystems, bridging the gap between new applications and legacy systems, thus facilitating modernisation efforts.
Our InHub store offers ready-to-use standard business solutions such as personal and commercial lines quoting and issuing portals, self-management or after-sales portals for policyholders and partners, pre-integrated payment gateways, and more.
InHub is an invaluable resource for insurers who want the best technology available backed by strategic advice from experts who understand the insurance industry.
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We would love to help you better understand our solution, walk you through the key features and answer any questions you may have.
Please complete the attached form to get in touch with one of our experts.
