SLK Software and V-Labs join with CNA to Deploy AI Technologies for Intelligent Automation of Insurance Business Processes
As insurance companies accelerate their adoption of next gen technologies around AI/ML, the challenge of rapid intake and processing of structured and unstructured data and documents has taken center stage.
Are these questions and objections stopping you from unlocking the potential of Hyper Automation?
Many organizations grapple with questions and objections that slow down their pursuit or even deter them from pursuing Hyper Automation.
<strong>Using a self-service data hub & API platform to modernize integration</strong>
A self-service data integration platform makes it easy to integrate new apps and features into your system.
Smart Data Hubs: Replacing & Relegating Legacy Cores and enabling scale towards digital transformation
Read the blog to uncover how the industry is transforming from traditional bricks-and-mortar institutions into digital businesses.
How data hub can be the foundation to enable level playing field for Analytics & AI/ML
Data is the foundation of AI/ML and Analytics. Data hub provides a scalable platform that helps organizations get their data ready for analytics and AI.
Cognitive Underwriting: Reimagining insurance processes with AI/ML
Underwriting decision-making has a significant impact on insurers’ business risk and profitability. The criticality of assessing and pricing risks effectively makes experienced underwriters a coveted (and expensive) resource. However, most underwriters today are struggling with mountains of data and administrative requirements. They waste precious time on incomplete applications, back and forth between multiple parties to […]
Reimagining the customer experience in insurance
Lemonade, founded in 2015, claims to be an insurance company for the 21st century. Their bold claim? Get insured in 90 seconds and get paid in three minutes! And that’s not all. They are checking several boxes when it comes to new-age customer expectations. Their digital experience is fast, seamless, and intuitive. They offer transparency […]
Experience, efficiency, and retention: Impact of AI on claims management
Claims management is a moment of truth for insurance companies. How they manage their claims process affects both customer retention and bottom lines. For instance, in a survey, 83% of the respondents who were dissatisfied with their claim handling said they had switched or planned to switch to another insurer. On top of that, claims […]
Platform banking: A key tool in the bank’s arsenal to stay competitive
One of the disruptions from the COVID-19 pandemic was an unprecedented shift of consumers to online channels. As the world locked down, people had no choice but to leverage digital channels to conduct their day-to-day transactions. And most of them found they liked the ease and convenience of a digital platform. Consumers now wanted a […]
Retire with Confidence
SLK co-creates a retirement app to improve the retirement planning experienceresulting in a 52% increase in savings and a 24% boost in retirement confidence.
