DMS Solution for
INSURANCE
DMS automates the police price calculation process for insurance companies
.1
Integrate DMS to the Insurance Core Platform
.2
Setup the business logic in DMS
.3
Launch automated price calculation
.How It Works
Let’s say, Tom, Lisa, and Jack apply to purchase health insurance.
Tom
22 years old
Software Developer
No Known Diseases
Lisa
22 years old
Software Developer
No Known Diseases
Jack
22 years old
Software Developer
No Known Diseases
1. API call with Applications
The insurance platforms send the data of 3 potential clients to DMS platform.
2. Decision Tree
The insurance platforms send the data of 3 potential clients to DMS platform.
3. Segmentation
Client segmentation by multiple factors
4. Analysis
Application analysis specific for each segment to identify the risk level
5. Calculation
Application analysis specific for each segment to identify the risk level
6. Decision
The insurance platforms send the data of 3 potential clients to DMS platform.
