Insurance

Insurance

Insurers are transforming to be seen as partners in risk management, aligning their interests with those of their policyholders to create more tightly-knit “financial safety nets” for a safer and resilient future.

The Internet of Things (IoT) has changed the way industries function. In the insurance industry, non-traditional players now have access to large volumes of customer data and are able to provide holistic pre-purchase and purchase information, albeit in an unstructured form.

This is a huge advantage for customers in the pre-purchase stage, and this new empowerment has made them more demanding, aware, and considered of their insurance requirements.

With our breadth of experience serving global insurance and re-insurance companies in sales and distribution, new business and underwriting, policy administration, claims, billing, accounting, risk and compliance, brokerage and third party administration, Neo Rays offers you a robust and comprehensive service portfolio, product offerings, and deep expertise in design and engineering.

We leverage a set of innovative technology platforms such as Cognitive Systems, Robotics, Human Machine Interface, Smart Connected Devices, Next Gen App Architectures and Software Defined Everything to deliver digitally-enabled business processes and domain-centric solutions.

What We Do

AI-Driven Claims Processing

Accelerate and enhance claims processing with advanced artificial intelligence.

Customized Insurtech Solutions

Develop bespoke insurtech platforms to meet your unique business requirements.

Workflow Automation

Optimize processes and reduce manual efforts through automated workflows.

Integrated Data Management

Streamline and consolidate your data for comprehensive insights.

Game-Changing IT Solutions for Your Industry

Predictive Analytics for Risk Assessment

Paperless Document Management

Blockchain for Fraud Prevention

Cloud-Based Policy Management