Reduce claims processing costs and turnaround times with our end-to-end claims automation for insurers
“A fantastic example of a collaboration which provides a true solution to some of the issues that often stand in the way of creating customer loyalty and helping rebuild trust in our sector.”
Zurich’s Head of Customer, UK Claims
Sprout AI delivers claims automations that reduces operations costs, accelerates processing times and improves fraud detection. From receiving a claim to the final settlement, Sprout.ai assists your claims & fraud teams every step of the way, without ever disturbing your workflow.
Claims information extracted from claim documentation provided by customer
Claim details extracted and checked against the policy to see whether it is included
Claim is checked for to see if it is related to any fraudulent activity or if the customer has a fraudulent past using APIs
Claims information extracted from claim documentation provided by customer
Claim details extracted and checked against the policy to see whether it is included
Claim is checked for to see if it is related to any fraudulent activity or if the customer has a fraudulent past using APIs
30% of total claims enabled for STP during pilot (75-80% expected for BAU)
70% Uplift in fraud, waste and abuse resolution
97% Overall OCR accuracy
Better pre-processing and great automation help streamline and simplify the entire claims process thereby reducing efficiencies and lowering the total cost of ownership.
Increase overall use of automation reduces the risk of wasted effort and leakage while human checks and approval remain to prevent fraud in the most complex cases, provide the best of both worlds
Clearer, more consistent and effective process enabled by our platform leads to dramatic improvements in payment resolution and a more satisfying overall customer experience.
New languages and use cases can be made available within just 2-4 weeks..
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