Insurance
Sharpen your market segmentation strategies, reduce claims fraud and strengthen underwriting and risk management
Our insurance solutions help you to capitalise on technology to sharpen your market segmentation strategies, reduce claims fraud and strengthen underwriting and risk management
Decision Inc. Australia has a wide range of experience working with all sizes and types of insurers, working with small commercial brokerages, large wholesalers, bank insurers and insurance regulators. In these organisations, we have implemented solutions across the following functional areas:
- Policy Management
- Underwriting
- Claims and Payments
- Billings & Collections
Know your policy holders
Use advanced analytics and visualisations to understand your policy holders and their propensity to renew. Develop an understanding of when your customers would be keen to increase or diversify their coverage.
Understand Claims
Analyse underwriting trends
Give department managers and staff access to underwriting information. Respond to inquiries about pending policy applications, analyse underwriting trends, and verify that approval came from the right parties.
Get a year-on-year trend perspective
Explore revenues, expenses, and budgets in one location. Historical trends lead to more informed planning and decision making.
Integrate the forecast and risk process
Improve collaboration and communication
Digital claims journey
Replace clunky PDF forms and embed electronic forms to websites and portals that can directly feed into your claims management system.
Get customer input and decisions by integrating email responses into the claims process.
Policy renewal
Comply with regulation and engage customers by automatically sending a copy of the policy for digital signature without human intervention annually.