60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |     60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |     60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |     60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |     60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |     60% Reduction in Manual Errors    |    30% Higher Customer Satisfaction    |    50% Improvement in Operational Efficiency    |    30% Better Fraud Detection    |    

“Newgen’s life insurance solutions delivered close to 50% faster processing of cases and reduced errors by 40%. We achieved instant issuance of policies with automated validation and improved customer retention,”

Chief Operations Officer, Leading Life Insurance Company

Brands using Newgen Platform
AXA
tokio
Venerable
MAX
Bajaj
Brands using Newgen Platform
AXA
tokio
Venerable
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Key Benefits

  • Increase in Claims Settlement Ratio by 40% though risk prediction and omnichannel verification
  • Reduction in Claims Processing TAT by 50% with streamlined workflows
  • Improvement in successful fraud detection by 30% using enterprise-grade AI-powered fraud detection tools
  • Reduction in Policy Issuance TAT from days to hours with a ready-to-use template library and automated validation
  • Configurable customer engagement platform leads to increase in conversions of Abandoned Quotations to Proposals by 30%
low-code-banking

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Request a demo to explore our solutions for omnichannel onboarding, fast policy issuance, and intelligent underwriting for life insurance journey automation.

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