Manual claim adjudication is prone to significant bottlenecks. The tedious task involves entering the policyholder’s personal details, assigning a claim account, and transferring the claim form to a queue to be subsequently forwarded to the respective teams. A study by PwC shows that, on average, an insurance assessor checks more than 55 claims a day. This puts a significant strain on employees and insurance companies that are under increasing pressure to process claims quickly and accurately.

  • https://numantratech.com/accelerating-insurance-claims-adjudication-with-hyperautomation/
  • Manual claim adjudication is prone to significant bottlenecks. The tedious task involves entering the policyholder’s personal details, assigning a claim account, and transferring the claim form to a queue to be subsequently forwarded to the respective teams. A study by PwC shows that, on average, an insurance assessor checks more than 55 claims a day. This puts a significant strain on employees and insurance companies that are under increasing pressure to process claims quickly and accurately.

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By numantratech

Unleash the full potential of your business with our Hyperautomation Cloud native platform that combines advanced Process Mining, Benefits of Robotic Process Automation and Machine Learning. Partner with advanced technology strategy experts.

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