Insurance Claim Prediction

Use Cases

Claim Payment Automation Modeling

Challenges

Once received a claim, insurance companies usually require manual inspection. This procedure requires time, which may result in claim payment delays and lower customer satisfaction.

Opportunity

With LogicPlum, insurance companies can create and implement models capable of accurately selecting those claims that require manual inspection. As a result, costs are reduced, claim to payment time decreased, and customer happiness improved.

Why LogicPlum

With LogicPlum, it is effortless and quick to develop an accurate model that can differentiate between those claims that require a manual inspection from those that don’t.

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