Collaborative AI for
Insurance
Insurers can make better decisions, faster, across the entire customer lifecycle with Mobi’s multi-modal approach to AI
To err is human, to automate divine.
The insurance business is filled with time-intensive, paper-heavy processes. Processes prone to costly errors, inefficiency, and sub-optimal outcomes. Intelligent automation fixes all that, while uncovering transformational insights currently trapped in your data.
Increase efficiency
Improve accuracy
Drive innovation
Application intake
Repetitive tasks done rapidly and accurately
Mobi uses text extraction, natural language processing, and computer vision to extract the relevant information from the various forms used in the application process. The result, faster intake, fewer errors, and an increase in potential customer volume.
Smart underwriting
Improve portfolio performance with dynamic pricing
Mobi’s models assess risk, generate competitive bids, and predict the probability of winning those bids automatically. Give your underwriters a competitive edge with personalized pricing based on risk factors, market conditions and historical data.
Claims processing
Settle faster, with less human error
The adjudication process can be messy and costly including mismatching documents, handwritten notes and multiple manual steps. Mobi’s end-to-end automation improves accuracy, and increases speed to resolution, while reducing claims leakage which can account for up to 30% of all payouts.
Churn management
Keep and delight more of your customers
We all know it costs more to acquire a new customer than to keep an existing one. Mobi’s predictive analytics and automated intervention strategies have helped one of our customers reduce their churn rate by 10% — significantly impacting both top and bottom lines.
66%
Reduction in document processing errors
50%
Improvement in turnaround time (4 days to 2 days)
10%
Improvement in churn rate
66%
Reduction in document processing errors
50%
Improvement in turnaround time (4 days to 2 days)
10%
Improvement in churn rate
I’ve bet my career on Mobi’s ability to deliver 3 times. They have never failed me. I can’t think of another company I would make that kind of bet for.
Reed Hayes
Global Head of Data Science and AI, Unum
I’ve bet my career on Mobi’s ability to deliver 3 times. They have never failed me. I can’t think of another company I would make that kind of bet for.
Reed Hayes
Global Head of Data Science and AI, Unum
Use cases
Claims processing
Churn management
Risk modeling
Customer Engagement
Revenue optimization
Workflow automation
Ready to get started?
Learn more about Collaborative AI for process automation