Business challenge:
Second largest population Country in the world is India. India is the fastest growing in auto Insurance markets. 230 million vehicles are in use. Half a million road accidents take place every year. Increase in the car insurance claims every year. Curent claim process for minor damages Is time consumant and frustration. There is less transparency between customers and insurance company. Claim expert with its AI implementation removes hassles in traditional claim process. Onsight inspection by the surveyor is reduced by improving the productivity of surveyor.
UFT comes into show:
Automated claim process was a given solution to eliminate Traditional time-consuming manual claim process. UFT provides The steps for automated claim process.
Impact Delivered:
The automated Claim process are as follows, Digital claim. Submission Auto evaluation And cost estimation, Automated document workflow guided by machine learning system and Insurance payment. It improves customer experience by better customer satisfaction, Faster turnaround time. Reduced dependency on inspector. Improves Customer Satisfaction, improves revenue, Improves the productivity of surveyor.