Property Claim Estimation2020-10-19T18:17:48+00:00

Faster and more accurate settlements through automation

Reduced time taken to identify and rank relevant products that were covered in insurance claims thereby resulting in faster and more accurate settlements

Business Challenges

The existing process of manually identifying replacement cost of items in an insurance claim was labour intensive and time consuming.

Sigmoid’s Solution

Created ontologies for development of rules and finding similarities among products.

Business Impact

Our solution helped discover similar products in the market, rank them based on relevance, and increase the accuracy in determining replacement cost of insured items.

For detailed understanding and solution, please download the case study here

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