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A leading insurance provider automates the No Claim Bonus validation Case Study
Case Study

A leading general insurance provider automates the No Claim Bonus validation

Client

One of the leading general insurance providers


Industry 

Insurance


Region

India

Case Study A leading general insurance provider automates the No Claim Bonus validation

Challenges

On policy issuance, the provider had to update the No Claim Bonus (NCB) slab of their customers in the core insurance system on a daily basis. To achieve this goal, they had to verify the previous policy details for both the private and public sector policy providers. 

Solution

Datamatics implemented RPA solutions that validated the NCB slab of the previous policies held in either the private or public sectors, as per pre-programmed logic. Subsequently, it updated the corresponding status in the core insurance system.

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Impact

65% Reduction in turnaround time - RPA Case Study

65%

Reduction in turnaround time

99% Achieved high accuracy - RPA in Insurance Case Study

99%

Achieved high accuracy

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