How much does your organisation pay to process claims?
The cost of processing claims has a large impact on any insurer. It is estimated that for every pound collected in premiums, 13 pence is spent on claims processing. Anything that can lower this cost increases profitability and puts your company in a better position against your competition.
Capgemini has helped large global insurers derive insight from their data and optimise claims decision-making by leveraging predictive analytics. Using analytics, insurance companies can reduce costs, minimise waste and improve profitability for claims.