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  • A Leading Insurer Modernizes its Pricing Model for Liability Insurance with Nividous Bots
Leading Insurer Modernizes its Pricing Model for Liability Insurance with Nividous Bots
 

A Leading Insurer Modernizes its Pricing Model for Liability Insurance with Nividous Bots

 
14

Quotes per second at peak load

92%

Process time reduction

5000

Quotes per day

80%

Improved data accuracy

Industry

  • Insurance

Processes Automated

  • Premium calculation
  • Customer onboarding using AI and ML
  • Auto-termination pay-outs
  • Mobile automation using WhatsApp

Automation Highlights

  • The automation platform enabled a service-based architecture, enabling quick and seamless integration with Partner Banks, Mobile Applications, and Core Business Systems

A leading life insurance company in India

The customer is present in over 1,000 cities and towns through more than 10,000 points of sale. The sales process for their Liability Insurance Portfolio involved hours of complex, excel-based premium calculations. The time commitment associated with these calculations prevented precise and rapid customer service and resulted in lower conversion rates. Nividous RPA Bots simplified the premium calculation process by automating the dynamic pricing model.

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Testimonial-Icon
 

The Pricing Model BOT is truly a disruptive solution and the first of its kind in the industry. The BOT works in both attended and unattended modes. Based on the early success, we plan to expand the use of the Nividous platform for increased operational speed and agility.

Director – Operations and IT

A Leading Life Insurance Company

 

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About Nividous

Nividous, an intelligent automation company, is passionate about enabling organizations to work at their peak efficiency. From day one we, at Nividous, have focused on building a unified intelligent automation platform that harnesses power of RPA, AI and BPM. These three key pillars of holistic automation are natively available within the platform. With continuous innovation in our products and services, we endeavor to help our customers improve their competitive advantages.

www.nividous.com

About Nividous

  • Nividous, an intelligent automation company, is passionate about enabling organizations to work at their peak efficiency. From day one we, at Nividous, have focused on building a unified intelligent automation platform that harnesses power of RPA, AI and BPM. These three key pillars of holistic automation are natively available within the platform. With continuous innovation in our products and services, we endeavor to help our customers improve their competitive advantages. www.nividous.com

Automation

  • Robotic Process Automation
  • Attended vs. Unattended RPA
  • Artificial Intelligence and RPA
  • What is Intelligent Automation
  • Intelligent Document Processing
  • What is Hyperautomation
  • Accounts Payable Automation
  • Revenue Cycle Management

Industries

  • Finance & Banking
  • Insurance
  • Healthcare
  • Manufacturing
  • Life Science
  • Logistics and Supply Chain

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  • Nividous Platform
  • Studio
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  • Smart Bots
  • Control Center

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RoI Calculator Request Demo Community

Contact

  • [email protected]
  • +1 (442) 444 2767

Mumbai, Ahmedabad, Moorestown, Sacramento, Hertfordshire

Automation

  • Robotic Process Automation
  • Attended vs. Unattended RPA
  • Artificial Intelligence and RPA
  • What is Intelligent Automation
  • Intelligent Document Processing
  • What is Hyperautomation
  • Accounts Payable Automation
  • Revenue Cycle Management

RoI Calculator

Industries

  • Finance & Banking
  • Insurance
  • Healthcare
  • Manufacturing
  • Life Science
  • Logistics and Supply Chain

Product

  • Nividous Platform
  • Studio
  • RPA Bots
  • Smart Bots
  • Control Center

Request Demo

Services

  • Quick Start Guarantee
  • Professional Services
  • BPM Implementation

Resources

  • Case Studies
  • Webinars
  • Analyst Reports
  • eBooks
  • Videos
  • Blogs

Community

Company

  • About us
  • Partners
  • Customers
  • Events
  • News
  • Careers

Contact

  • [email protected]
  • +1 (442) 444 2767

Mumbai, Ahmedabad, Moorestown, Sacramento, Hertfordshire

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