It’s time to reimagine Small Business Insurance Underwriting
Tiger Analytics’ AI-powered underwriting data prefill solution is built to meet your unique requirements. It leverages external data sources to prefill applications and ensures a high fill rate at top speed. Our Machine Learning classifiers help you predict underwriting questions even where the data is not directly available from external data stores.
Do you face these challenges during the underwriting process?
Extremely time-consuming and labor-intensive process that leads to lower bind and high operational cost
Inaccurate information received from the customers/agents leading to premium leakage and poor claims experience
Poor Customer Experience
Extremely iterative and cumbersome process leading to poor customer satisfaction
Lack of External Data Leverage
Inability to leverage external data sources for better risk assessment
A future-proofed approach to data prefilling
Unlocking true power of data
Tiger Analytics’ UW Data Prefill solution is based on advanced data extraction frameworks, data science techniques, and triangulation algorithms. We use the power of data to ensure a high degree of accuracy for all questions.
Enable better risk identification and eliminate agent bias while avoiding premium leakage and claim losses.
More flexibility and scalability
Tiger Analytics’ UW Data Prefill solution is highly scalable and customizable. Our solution enables underwriters to swiftly add and delete data sources and address challenges owing to the changing formats of the external data stores. The algorithms are also built considering the evolving risks, priorities, and needs of an organization.
Let your underwriting strength grow stronger and smarter - with the incremental addition of each source.
Tiger Analytics’ UW Data Prefill solution leverages best-in-class accelerators in the form of frameworks, reusable code libraries, and architecture blueprints. You get all the AI power to speedily develop data prefill platforms.
Speed up value delivery by accelerating the development of your platform.
White-box solution – no IP rights
Tiger Analytics’ UW Data Prefill solution is a white-box solution with no IP rights involved. We have developed the code base in such a way that it can be quickly tweaked to cater to any changes in the external data source formats and also address the emerging information needs.
Level up your underwriting process without any license fees.
GET MEASURABLE BUSINESS OUTCOMES
Nearly 95% accuracy on all the data provided.
VERY HIGH FILL RATE
Over 90% fill rate
MAJOR COST SAVINGS
Up to $10 million cost savings for insurers
ACCELERATED VALUE CREATION
Start realizing the value from our custom-built solution within 3- 4 months
WHY TIGER ANALYTICS
Wide experience in delivering AI-based UW solutions to 10+ Fortune 500 Insurers
Best in class team of 1000+ Data Scientists and Data Engineers
Recognized as a leader in delivering advanced analytics solutions by Forrester
Highly engaged team (less than 10% attrition), creating long-term value for clients