INSURING BUSINESS GROWTH WITH DATA ANALYTICS

January 15, 2018

With customer data scattered across multiple channels and platforms, insurers do not have clear insight into available customer data which could be helpful in tailoring the buying experience for their customers.

Spotlight

MotionsCloud

MotionsCloud provides a modular claims automation engine for property and motor insurers to streamline and automate claims processes. The solution reduces claims cycle time from days to hours, reduces claims processing cost up to 75%, and improves the customer claims experience with mobile, artificial intelligence (AI image recognition technologies), and video-enabled technologies which can integrate with legacy systems. Currently, MotionsCloud is serving clients in Germany, Austria, the Netherlands, the US and recently in Asia.

Other Infographics
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CAR INSURANCE AND THE IMPORTANT OF HIGHER COVERAGE AMOUNTS

Infographic | January 15, 2020

Were you considering car coverage? Let the infographic inform you why automobile insurance is needed. Most people just choose the cheapest quote they receive for coverage, without really thinking seriously about what would be protected in case of an accident.

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10 Disruptive Trends That Are Impacting The Insurance Industry

Infographic | February 3, 2020

10 Disruptive Trends That Are Impacting The Insurance Industry: As we move into a new decade, several risk trends are starting to emerge that could potentially disrupt the insurance industry.

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Insurance Companies to Improve their Customer Experience

Infographic | June 30, 2022

Customer experience is the single most crucial factor determining loyalty 85% of insurers are using CX initiatives throughout the customer journey & 90% have a c-suite position dedicated to the consumer experience

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WHY CUSTOMER EXPERIENCE MATTERS FOR INSURANCE COMPANIES

Infographic | February 25, 2020

Customer experience (CX) has risen to a new level of importance in the insurance industry. Sure, customers still value price — but it’s not the only consideration. They also want a brand that builds trust and shows they care about their customers. In fact, a recent study by Accenture found that 46% of insurance respondents are "Quality Seekers.” These customers value superior service, automated transactions and personalization.

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Most Expensive Home Insurance Claims

Infographic | December 14, 2019

Lancaster insurance agency, Martin Insurance, shares an infographic on the most expensive home insurance claims.

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Insurers and Consumers in Covid-19 Markets: Too Many Missed Connections

Infographic | April 14, 2021

Although the covid19 spread and the subsequent lockdown imposed will adversely impact the life insurers business in the short term, but with likely a change in consumer behavior and rise in demand for pure protection products given the uncertaninties, the medium term to long term impact may turn out to be positive for them. Insurers can do more to retain customers who are looking to switch providers.

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Spotlight

MotionsCloud

MotionsCloud provides a modular claims automation engine for property and motor insurers to streamline and automate claims processes. The solution reduces claims cycle time from days to hours, reduces claims processing cost up to 75%, and improves the customer claims experience with mobile, artificial intelligence (AI image recognition technologies), and video-enabled technologies which can integrate with legacy systems. Currently, MotionsCloud is serving clients in Germany, Austria, the Netherlands, the US and recently in Asia.

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