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Advanced Technologies for Modern Insurance Applications

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Advanced insurance technology is an integral part of the P&C industry for both carriers and insureds. In an age of immediacy, constant change, and overwhelming choice, these modern technologies from Xoriant deliver the experiences customers expect in the modern marketplace. They keep you ahead of the competition and ensure that customer acquisition and loyalty is secured. Key technologies include:

  • Predictive Analytics to collect a variety of data to understand and predict customer behavior.
  • Machine Learning to accelerate service delivery and improve accuracy.
  • IoT in smart homes and wearable technologies to determine rates, mitigate risk, and even prevent losses.
  • Chatbots to interact seamlessly with customers, saving time – and ultimately money.
  • Social Media Data Mining to improve risk assessment for P&C insurers, bolster fraud detection capabilities, and deliver engaging and relevant customer experiences.
  • Telematics for delivering data on vehicle speed, location, and accidents, which can be monitored and processed with analytics software to determine policy premiums.
  • Drones for collecting data to calculate risk before issuing a policy, aiding in preventative maintenance, and assessing damage following a loss.

Our Technology Services and Domain Competency

Digital Transformation

Digital Transformation

Modernized insurance products and processes with scalable, robust, future-ready solutions that reduce risk and increase operational efficiency.

Risk and Underwriting Solutions

Risk and Underwriting Solutions

Risk and underwriting solutions to provide faster underwriting services, while reducing errors and risk.

Claims Solutions

Claims Solutions

Solutions that increase customer loyalty and retention with faster claims management and remediation services.

Data-Driven Insurance

Data-Driven Insurance

AI and analytics-powered solutions enable P&C insurers to keep pace with the competition and retain/gain customers.

Robotic Process Automation

Robotic Process Automation

Robotic process automation in front, middle and back-office to streamline operations, and reduce staffing and operational overhead.

Connect With Us to Learn More

Connect With Us to Learn More

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Testimonial Author Image
Satish Ambawale
Testimonial Author Name

Satish Ambavale
Vice President
Enterprise Financial Services

Testimonial Description

“Xoriant teams understand what it takes for P&C insurers to evolve into digitally sophisticated, seamlessly integrated, customer-focused organizations. And whether your product is technology or insurance, we’re living in an age where constant change and overwhelming choice means customer loyalty must be earned every day. That’s exactly what we do.”

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Learn More About Xoriant’s Banking, Financial Services & Insurance Solutions

Case study
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Case Study

Complex Messaging Exchange Platform for a Global Data Standards Organization