Insurance in the Age of AI
Reshaping the insurance sector with intelligent analytics
Implementing intelligent algorithms for insurance companies that drive customer success
Read AllFraud Detection
Industry Problem:
AI is a key watchdog in the fight against fraudulent claims for insurance companies. We build solutions that are excellent at detecting patterns that might escape human cognition.
Read our solutionClaims Management and Human Error Reduction
Industry Problem:
With a complex distribution chain that involves a series of middlemen examining information between the insured and the carrier, the insurance industry is winding and complex. This can lead to a lot of human error and manual work that slows the process. However, AI is starting to fix this problem.
Read our solutionCustomer Service Chatbots
Industry Problem:
Even though insurance is a sector resistant to change, good customer service is of utmost importance. People often stop using the services of institutions with bad customer service, which is a big reason why so many insurance company websites now include chatbots.
Read our solutionSales and Marketing
Industry Problem:
To facilitate the amplification of tailored marketing to boost sales of insurance products, companies need to have a very good understanding of their customers including their purchasing behaviour. MAG is instrumental in building tools and capabilities for companies that allow them to do just that so that they can not only enrich the overall experience of existing customers, but also attract new ones into their fold.
Read our solutionPricing
Industry Problem:
Pricing insurance products right is a highly specialized activity and one that requires a significant understanding of past and future trends. At MAG, we aid companies in insurance product pricing by building AI solutions that take a variety of parameters into account and ensure optimal pricing that is sustainable as well good enough to retain customer to a high degree.
Read our solution
