Insurance

Insurance

The insurance industry is undergoing a seismic, tech-driven shift. As AI transforms the entire value chain, incumbents are harnessing technology to become custodians of customer value and turn scale to their advantage in countering disruptive digital-native innovators.

Own the insurance value chain with AI

SparkBeyond guides insurers to achieve a successful digital transformation with the people they already have and the data they’re already collecting.

Improve distribution, sales & marketing
  • Retention management (churn, withdrawals)
  • Cross-selling: Next product to buy
  • Lifetime value estimation
  • Value-based prospecting
  • Collection optimization
  • Sales & Marketing efficiency
Optimize underwriting & pricing
  • Underwriting automation optimization
  • Technical and behavioural pricing for new business & renewals
Increase claims management efficiency
  • Claims result implications for underwriting
  • Steering to preferred providers
  • Claim frequency & severity modeling
  • Subrogation opportunities
  • Enhanced fraud prediction

Learn More

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Use case

Automated Underwriting

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Use case

Customer churn

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Use case

Sales & operations optimization

Become the insurer of tomorrow

Learn how you can reshape your customers’ experience with transparent, compliant AI that impacts your top
and bottom lines.

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