Background
The customer is a composite insurance provider headquartered in Abu Dhabi, the UAE, offering consumer and commercial insurance products. It boasts a wide network of branches, sales, and customer service centers in the GCC region.
Key Challenges
The customer selected Newgen to address the challenges found in the motor claims process, including:
- High cost of claims stemming from the inefficient handling of a large volume of motor insurance claims
- Legacy systems made the verification process challenging
- Unsatisfactory customer experience due to lack of transparency and personalization
- Manually collecting information and determining liability delayed claims settlement
Transforming the Motor Claims Process
Newgen proposed its AI-powered claims management solution for motor insurance. The solution offered capabilities such as a unified dashboard, repaired and surveyor portal, and a claims workbench to streamline the end-to-end claims lifecycle from intimation to adjudication and settlement.
Benefits Achieved
- Improved TAT
- Zero case loss
- Fraud prevention
- Enhanced accuracy
Download the complete case study to learn more about the impact of transforming the motor claim process!