Insurance Data Analytics for Empowered Decision-making

For insurance businesses today, data analytics has taken the driver’s seat for personalized and responsive policies management, claims management, fraud prevention, risk mitigation, go-to-market strategy models, and long-term goals-setting. Increased digitization of processes, and the ever-widening network of connected devices are constantly bringing in a deluge of data for insurance companies. It is this data that insurers are processing with available advanced analytics techniques, such as predictive modeling, machine learning, and artificial intelligence, and transforming into actionable insights.

At Insurance Support World, we have been at the forefront of providing data analytics solutions across claims, policy management, underwriting, distribution, new business set-up, and finance and accounting. Our insurance analytics suite help study customer behavioral patterns, gauge preferences, and understand their requirements to facilitate the creation of tailored products and services, correct process lags, and build efficiencies in the customer journey. These then go a long way to bring about customer satisfaction and loyalty.

By outsourcing your data analytics requirements to ISW, you will be able to ensure that your insurance sub processes turn efficient and effective, increase your customer UX, and therefore improve your overall profitability.

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Distribution Analytics
Product Performance
Marketing Analytics
Claims Analytics Reserving
Underwriting Analytics
CAT Modelling Pricing

Optimize Your Business Growth by Hiring a Team of Experienced Professionals

Insurance Policy Management Services

Why Choose ISW for Insurance Analytics Services?

We bring to the table commitments of best-in-class insurance data analytics solutions at the best prices! Our industry experience of sixteen years has given us deep domain expertise and a sharpened understanding of the insurance business and its evolving requirements. We combine this with the new-age tools of analytics, machine learning and AI to build solutions that help clients not only correct the lags in their insurance processes, but also increase their productivity and efficiency, and redraw customer offerings.

ISW brings:

Delivery excellence through personalized solutions that removes redundancies and optimizes processes
Deep engagement commitment with a strict governance model that keeps the partnership on track at all times
Proprietary applications and real-time upgrades of applied tools and technologies to stay ahead of competition
Agility and resilience into processes in order to be able to take advantage of evolving market opportunities

Outsource Insurance Analytics to Insurance Support World

Our end-to-end insurance analytics and decision support for insurers help improve their process efficiencies, improve decision making, design enhanced offerings and reach out to customers with personalized touchpoints. Businesses stand to gain both productivity and flexibility with our claims analytics, underwriting analytics, policy management analytics, new insurance business analytics. At very reasonable pricing structures, we bring more!

In a rapidly evolving insurance landscape, we are your trusted partner for data-driven excellence, helping you thrive in an ever-changing market.

policy management processes

Testimonials

We began outsourcing our insurance policy management services after the start of the Covid-19 pandemic owing to increased workload on our employees. ISW has been a wonderful partner through the pandemic and after, instantly assuring quality work that has only grown in value since our partnership began. The ISW team integrated into our policy management process seamlessly, upholding our values as an organisation while meeting all deadlines with high-value deliverables
Insurance AgencyHouston, Taxes
Our partnership with ISW has greatly increased the efficiency of our insurance policy management processes. What was once an arduous task have since been streamlined with increased emphasis on timelines and quality. Thanks to ISW, our team has had the necessary exposure to work as a cohesive unit in a lean system, that has enhanced productivity while cutting costs and time requirements
P & C Insurance AgencyMiami, FL
We handed ISW our insurance accounting processes in 2018, and have been extremely grateful and satisfied for the level of work produced. There has been consistent punctual delivery with high-quality output and technical add-ons. Through the high-pressure pandemic periods, ISW handled our processes with remarkable sense of responsibility and ownership, ensuring business continuity at all times. Their support through these years have strengthened our relationship
An Insurance BrokerSan Jose, California
ISW had been managing a number of our insurance back-office processes. Owing to their superb service delivery and technical skills, we entrusted them with our data analytics process about a year ago. The team’s data exploration has helped us sharpen our risk evaluation process, and has enhanced our overall decision making. Thanks to them, there has been an increase in profitability.
An Insurance WholesalerPhoenix, Arizona
Outsourcing insurance policy management to ISW has resulted in process efficiency and has increased our organization’s capacity to service our clients. On one hand we have been able to increase our policy handle time and customer experience, while on the other hand, our internal teams have been able to utilize the time saved to make better customer outreaches through targeted marketing campaigns
An Insurance CarrierNorfolk, Virginia

Latest Blogs

Build your understanding of the insurance worlds’ trends, technology and disruptions

AI in Insurance – A Revolution in the Making
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AI in Insurance – A Revolution in the Making
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A Complete Guide to Insurance Back Office Operations
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Insurance back-office operations is projected to reach $24.6 billion by 2032, growing at a CAGR of 12.3% from 2023 to 2032, according to a survey by Allied Market Research. We already know that back-office operations are the administrative functions of an organization that are vital for its functioning, but which do not directly contribute to...
Automated Insurance Underwriting: Empowering Insurtech for Scalability
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Automated insurance underwriting is the process where robotic process automation (RPA) and artificial intelligence (AI) software underwrites the risk of potential clients. — Insider Intelligence It assesses and evaluates insurance applications and determines the associated risk. The significance of automated insurance underwriting is increasing for its transformative impact on efficiency and risk assessment. As it...

It has been the vision of Insurance Support World to be a partner-of-choice to insurance companies of all sizes. Our team of qualified insurance specialists are constantly designing better solutions for our clients.

ISW’s insurance data analytics services form part of our new world offerings. With the global exposure stemming from serving insurance clients of more than five countries around the globe including the U.S., Canada, the U.K., Australia, New Zealand, and deep domain expertise of sixteen years, we are in an advantageous position to design specific insurance claims analytics offerings that clients need.

Outsource your insurance data analytics services to ISW for:

Deep data insights
Personalized offerings
Competitive edge
Future readiness
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