Risk and Compliance Analytics

Warranty costs reduced by 35% for the ‘long pause and short trips’ driving style for a Europe-based iconic automobile manufacturer due to accurate prediction of future claims for each driving style.

About 35% of the claims were settled instantly with Straight Through Processing, and timeliness of decisions increased from 70% to 92% using various analytical interventions, including a Claims Segmentation Model for leading Insurance Providers in the US.