Automate Claims Management Processing with AI. Reduce Costs by 30%
McKinsey states that a claims journey can be made up to 30% cheaper for businesses if automated. How? The standard claims process includes submission, review, verification, decision, disbursement, and analysis. An AI agent can successfully automate the entire process, reducing the need for a human workforce. What's more? Automating will also reduce the risk of errors, significantly!
That's what Beam can do.
Provide the Best Insurance Services with AI
Perhaps the most tedious part of the insurance claims process is the wealth of documentation. Each profile or incident comes with the policyholder sending out an email report, filling out a comprehensive claims form, getting police and/or medical reports and sourcing picture evidence of losses, among a list of other supporting documentation.
This is the part that sometimes take days. Why not reduce that to minutes?
Other Use Cases of AI Agents You Might Like
Insurance professionals can benefit from AI like no other. Here are some other processes worth looking into:
History-driven underwriting for fair payment disbursements.
Consistent paperwork with efficient document processing.
Omni-channel inquiry resolution across multiple insurance platforms.
