INDUSTRY SOLUTIONS

Insurance

Anticipate needs and boost share-of-wallet

Predictive analytics is a perfect fit for established insurance companies and insurtech companies. Anticipate customers’ insurance needs and boost share-of-wallet by predicting customer behavior.

Predictive analytics provides a data-driven, forward-looking perspective on your policyholders and your business. Insurers of all sizes can use their data not only to gain insights into the past, but also to build proactive strategies that maximize revenue and accelerate growth while helping you navigate the constant changes in the marketplace.

LIFETIME POLICY VALUE

Increase Umbrella Coverage

Identify opportunities to increase coverage while diversifying policy types for a single policy holder

Identify your most profitable customer and execute upsell and cross-sell opportunities that drive higher lifetime policy value. Leverage predictive models to help identify the highest likelihood of policyholders to increase coverage or add on new policy types.

POLICY CHURN

Identify Policy Churn

Predict which policyholders are about to churn

Predict which policyholders are about to churn and create proactive marketing and agent promotions that retain these policyholders.

CASE STUDY

Learn how an insurance company triples home insurance cross-sell by automating predictive

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CASE STUDY

Learn how an auto insurance company reduced overstaffing by 20%

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It’s time to plug your organization into the future