ALL CASES / P&C INSURANCE
Claim Payment Automation Modelling
Use Syncrasy & DataRobot to predict which claims should be auto-paid based on claim characteristics at the time of filing.
Problem / Pain
Many insurance claims require manual inspection to assess the damage, leading to a long wait for pay out. This can cause claim amounts to spike out of control as well as result in a significant drop in customer satisfaction and potential decrease in retention rates.
Determine which claims need to be manually inspected using Syncrasy curated data & DataRobot to automatically build extremely accurate predictive models. By auto paying claims when manual inspection provides little or no value, you can close claims more quickly--driving costs down and increasing customer satisfaction.
Why Syncrasy & DataRobot
Click a button and build the most accurate model to predict whether manual claim inspection will lead to savings.
Become an AI-Driven Enterprise with Syncrasy
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