How much does your organization pay to process claims?
The cost of processing claims has a large impact on any insurer. It is estimated that for every dollar collected in premiums, 13 cents 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 optimize claims decision making by leveraging predictive analytics. Using analytics, insurance companies can reduce costs, minimize waste and improve profitability for claims.