Vehicle Insurance Claims Optimization
In this case study:
- See how a leading Israeli insurer utilized MasterMind to optimize its vehicle claims management processes
- Learn how the solution helped to increase standardization in claims settlement mechanics and improved analysis of suspicious claims
- And how the insurer saw a reduction in claims processing time by 54.4% and a 1.5% reduction in claims paid, which resulted in a saving of $2.1M annually
In just five months, Stat-Market implemented a fully optimized claims management solution that started to produce results immediately.
The adoption of Stat-Market’s MasterMind solution helped achieve a long-lasting business impact and exceeded the company’s expectations of how quickly the project would generate value.