Increase new business & renewals, reduce claim losses with Insurance Analytics Services (IA+)
Insurance Analytics Services IA+ is an out-of-the-box performance management solutions especially developed for middle and senior management of Insurance companies who are responsible for driving growth in a highly competitive business environment. GrayMatter’s Insurance Analytics Services IA+ consists of highly intuitive role-based dashboards, scorecards, multi-dimensional cubes and predictive analytics models.
10-15% increase in new business premium
15% improvement in claim settlement time
$ 150k lower manpower cost
15% improvement in persistency
20-25% improvement in lead closure ratio
50% lower TCO
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Modular Proposition
The modular design of the solution ensures coverage of specific sub-functional areas within Insurance business.
The image below depicts the Insurance Analytics Services IA+ modules and the value proposition of each of the modules
