Black Basil Technologies

Insurance

AI for Business

We help insurers to expand and increase their product diversity and services to meet their client’s ever-evolving needs. In addition to creating unexpected new ecosystems, the company plans to invest in customer-facing, cloud-based digital innovations. Additionally, the insurance industry champions diversity in its agents and leadership, forging sustainability initiatives.

Insurance Analytics

Our data scientists deliver advanced analytics to optimize underwriting

We’ve partnered with top global insurers to enable confident decisions

Our Insurance Analytics Solutions:

Predictive Risk Assessment

– Our AI algorithms analyze demographics, conditions and more to forecast loss ratios and ideal pricing.

AI-Powered Fraud Detection

– Machine learning identifies claims patterns, anomalies and risk signals indicating potential fraud.

Data-backed Pricing Forecasts

– Our actuarial analytics leverage data to forecast pricing aligned to evolving risk levels.

Real-Time Customer Apps

– Decouple transaction systems to enable on-demand quoting, recommendations and churn prediction.

Centralized Model Management

– Unify models, metrics, monitoring and alerts on our platform for easy access and visibility.

Insurance Analytics Packages:

Custom Risk Models

– Work with us to build risk models predictive of losses based on unique data.

Fraud Prediction Models

– Our algorithms learn to detect signs of fraudulent claims activity to protect revenue.

Pricing Optimization

– Forecast pricing trends and optimize pricing strategies based on historical claims data.

Embedded Engagement Apps

– We build real-time underwriter and customer apps with embedded analytics.

Unified Analytics Platform

– Centralize all models, insights, and monitoring to integrate analytics into workflows.

Confidently Underwrite Risk

Let Black Basil provide the predictive analytics to optimize underwriting decisions across your book of business. Contact us to learn more!

Read Our Success Stories

The Transformation of DevOps Practice

Thought leadership for the transformation of DevOps practice

Black Basil provided thought leadership and transformed the DevOps and infrastructure resulting faster and seamless delivery of features … Read More

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Automation Hub Console for Real Time

Automation Hub Console for real-time view of the workflow transactions lifecycle

Black Basil contributed to the Automation Hub console for providing real time information about the workflow transactions along with more insights and analytics … Read More

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Hyper Automation Platform

New Age Hyper Automation Platform

Black Basil Technologies built a new-age hyper automation platform resulting in scalable, cost efficient and and faster roll out of new new workflows in one third of implementation time … Read More

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