Advanced Data Analytics for Informed Decision-making

How can insurers enhance risk appetite and expand into new markets while maintaining a competitive advantage? By channeling insights from vast organizational datasets into two focus areas – better underwriting (UW) selection and enhancing UW profits. Only through better risk selection and accurate pricing of each policy can carriers achieve the two goals and create new market potential. Our advanced analytics-enabled decision process lets you make informed business decisions for sustained success.

Discover how insurers can unravel new growth opportunities with our Advanced Data Analytics services:

• Leverage advanced analytics to segment your policyholders for accurate pooling of risks — enabling data-driven risk pricing strategies.
• Get a real-time view of risk and exposure data with our dashboards — to assess loss ratios and detect emerging regional and global risks with a sharper focus.
• Develop cutting-edge solutions powered by real-time data, like micro-insurance and parametric products.

Predictive Modeling for Smarter Risk Analysis

Reimagine risk assessment and insurance pricing with next-gen Predictive Analytics. Deploy advanced analytics to transform historical claims data, customer demographics, and behavioral patterns into business insights.

The result? Predict policy renewals for proactive retention strategies. Hyper-personalize communications and offers to drive cross-selling & upselling opportunities. Foster advantageous customer relationships through targeted engagement. Harness the power to do more.

Supercharge customer experience with our Predictive Analytics services:

• Detect risks with unmatched precision, leading to more accurate pricing and reduced losses.
• Identify high-potential market segments primed for success.
• Minimize losses that occur from underpriced policies for high-risk customers.

Enhancing Sales, Distributions, and Claims for Accelerated Business Growth

Bring a transformative shift to claims productivity and revenue generation by harnessing powerful data analytics to strengthen your strategies.

HTC helps agents and brokers augment their sales cycle, enhancing the visibility of producers and underwriters to convert their prospects into customers more effectively. We also help insurers leverage best-suited algorithms to analyze claim validity, estimate damages, and make faster settlement-amount recommendations.

Scale your business with our state-of-the-art innovations to minimize manual interventions, errors, and inconsistencies — resulting in more accurate and efficient insurance operations.

Shift gears from traditional data collection with our expertise in automated, data-centric, and analytics-driven approaches.

Sales and Distribution

Streamline your operations and free up valuable time for agents with our Sales and Distribution services:

• Real-time sales activity tracking with AI-driven insights for enhanced strategizing and decision-making.
• Drive proactive at-risk customer engagement initiatives to reduce attrition rates and improve customer retention.
• Deep dive into customer preferences and behaviors to boost sales conversions.

• Leverage predictive analysis to identify patterns and anomalies indicative of fraudulent activities.
• Flag and investigate suspicious claims through our custom models early on in the process and reduce potential losses while ensuring the legitimacy and timely resolution of claims.
• Utilize our data analytics programs to identify claim trends and bottlenecks and gain deep insights.
• Deploy intelligent insights to improve operations, optimize resource allocation, eliminate inefficiencies, and achieve long-term business goals.