Pushing the Boundaries of Insurtech
Businesses are adopting emerging technologies to implement digital methods that can eliminate operational inefficiencies, solve legacy issues, enhance customer experience, and improve the speed and accuracy of claims processing to a greater degree.
Experion has already taken the lead in building insurtech for the emerging markets. We’ve built our solutions on innovations such as IoT, AI, predictive analytics systems, chatbots, automation, etc. The purpose is not just to put our customers ahead of the curve, but also to maximize value propositions for their customers in the long run.
Experion has a long history of working with companies at the forefront of technological evolution. We work with startups as well as Fortune 100s with mature processes and systems – building new solutions on the cutting edge of technology.
Our Insurance Expertise
Experion has the right expertise and solutions to make your business the best in the industry!
Insurtech Solutions
We deliver claims management software that elevates all facets of your claims management processes such as claims assignment, verification, investigation, damage detection, FNOL and loss coverage, scoping and loss evaluation, claims settlement, recovery and reporting.
Our claims and operations management solutions will help you:
Improve efficiency of claims operations
Effectively manage claims across all lines of business
Process claims faster with automated claims management systems
Improve customer satisfaction and retention
Reduce overhead expenses and save time with intelligent rule-based assessment
Reduce claim cycle times
Our innovative insurance policy administration solutions are designed to automate the entire customer service request lifecycle and perform activities such as auto-fetching of policy details from the integrated systems, document scanning with optical character recognition (OCR), split/merging of documents, case classification, etc. With our AAIS compliant insurance software solutions, we streamline your policy administration tasks and enable multi-tasking within your teams, while effectively managing conflicts and offering superior customer service.
Our policy lifecycle management solutions will help you:
Eliminate manual and tedious administrative tasks
Reduce operational costs
Improve agent and policy holder experiences
Offer effective, faster and contextual customer communications
Enhance customer service
Our insurance underwriting solutions automate manual processes for capturing details of clients, applicants, adjusters, doctors, etc., information fetching, policy issuance, etc. and shorten the prospect to customer lifecycle. We help insurtech companies in delivering superior user experiences by eliminating manual interventions in policy elements and underwriting validations and evaluation, including anti-money laundering, duplicity checks, fraud and blacklisting.
Our policy underwriting solutions will help you:
Automatically evaluate and issue policies
Improve speed and efficiency of key underwriting tasks by augmented underwriting methods
Ensure zero underwriting errors
Considering all the complexities associated with workers’ compensation and litigation claims, we have devised solutions to help attorneys follow a client-focused approach to create strategic legal solutions for each case. Our solutions enable employers, insurance carriers, self-insured groups and third-party administrators to easily navigate workers’ compensation defense. Our workers’ compensation capabilities include:
Digital case handling
AI-enabled document extraction and classification
Digital Attorney calendar handling
Digital medical appointment handling
Case rating engine
Automated scanning of case documents with conflict and fraud checks
We have built payment and collection systems keeping in mind that payment methods may vary based on the lines of business. Our innovative solutions for digital payments enable insurance companies to trigger payment reminders, reward early bill payments and issue late payment penalties. We automate and streamline the billing activities with automated invoice generation, payment follow-ups, recurring and one-time payment plan development, collection and account and cash management.
Our Work Speaks For Itself (Our Clients Do, Too)
We're extremely happy with the work that Experion has done for us on both the development and testing sides. Experion has remained very approachable, easy to work with, and highly responsive. With Experion, trust is one thing which I've kept. They're a transparent and open company.
CEO,
Global Provider of P&C Insurance Solutions
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