Claims Registration Automation (CRA) is solution of SwiftAnt IT Solutions in its proprietary Digital Motor Vehicle Insurance Certificates (DiMVIC) Platform powered by Microsoft Azure Machine Learning

1. CRA —hosted on
Microsoft Azure

2. 10-12% of Insurance claims
worldwide are fraudulent while
estimates say over 36% of motor
Insurance claims are fraudulent.
To avoid losing millions every year due to fraudulent activity, insurance
companies need to put in place processes that would provide the ability
to respond quickly when fraud is detected. Some techniques applicable
include; Data mining and Artificial Intelligence.
Insurers are faced with several obstacles.
Majority of insurers indicate that lack of
enhanced IT systems, and acquisition and
retention of staff with both the technology
and insurance knowledge, who are already
in short supply. Data protection and
privacy is also a key concern.
As customers continue to demand high-
speed claims resolution and improved
customer experience, insurers should aim
to be at the fore-front to digitize claims
processes. Digital transformation of the
insurance industry should be
implemented on a customer experience
level. For insurers, claims filing is done
using smartphones applications that allow
policyholders to take photos of the
damage
To achieve a win-win situation for
customers, insurance companies and
their stakeholders, insurers require
technology and automation that can
satisfy the customer’s needs while at the
same time, utilises limited resources
more efficiently. Digital transformation
will play a key role in solving these
challenges.
CHALLENGES IDEAL SOLUTION DESIRED OUTCOMES

3. Claims Registration Automation
Digitalization must be simplified and accelerated. By leveraging our
industry and Azure expertise, we can enrich the claims experience, reduce
loss and pro-actively detect fraud.
Advanced machine learning to drive
smart, automated customer service, at
the click of a button.
Simplified digital
transformation
Machine learning-powered tools that
help to consolidate insights from
massive volumes of highly varied
data such as insurance claims and detect
fraud by analysing photos.
Accurate complete data
Massive reduction in time taken to
register a claim and accelerates a quick
response when fraud is detected.
Lightning quick turn around
time

4. SwiftAnt IT Solutions CRA & Microsoft Azure Blockchain
and Machine Learning
CRA on Azure accelerates digital transformation by integrating multiple systems, handing multiple format
conversions and analysing pictures with real-time checks, geo-positioning and emergency support for reduced
fraud and increased contact less processes.
Tamper proof pictures stored in cloud that
is irrefutable and immensely reduces
fraudulent claims that have been bane for
the industry. Detection and identification
of level of damage further
reduces necessity for additional
manpower.
Accurate visual data
Snazzy app that is user friendly and avoids
unnecessary congestion in Insurance
offices hence reducing health risks and
improving efficiency, while geo-positioning
provides the necessary first-aid support.
Contactless service with
emergency support
Integration with Azure Machine Learning and
Block chain enhances Trust in the industry
ecosystem by generating irrefutable visual
evidences, reduces management expenses of
insurance companies and enhances
stakeholders experience
Azure Block Chain services &
Azure Machine Learning

6. Overcome fraud and improve the
customer experience
Call for more information: Call for more information: +1 469 252 3503
Ask a question via email: digital@swiftant.com