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Industries > Insurance

 
 

Many insurance organisations are using Business Intelligence to significantly drive up revenues, and to operate more cost-effectively. Using our services enables Insurers to:

  • Reduce Claims fraud by mining claims data for the tracks of fraudulent behaviour patterns. This effectively complements rules-based control and detection software because as soon as the fraudsters change their behaviour, the Data Mining model can pick up the tracks (footprints) of the changed behaviour in the data.
  • Identify previously undetected claiming patterns amongst different customer profiles, and to identify changes in claiming patterns.
  • Identify contribution patterns and to intelligently target new customers and cross-sell opportunities to existing customers
  • Know the most opportune time to offer appropriate products to selected customers

Using Sysware Business Intelligence services enables insurers to gain cost-effective access to scarce resources and expensive applications. This cost-effective access can be provided as a bureau service.

 
 
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