Manually calculating No Claims Bonus (NCB) can be error-prone and time-consuming. AutomationEdge NCB bot integrate with existing systems to automatically calculate NCB based on claim history, streamlining policy renewals.
This reduces processing time and ensures accurate NCB application.

The AI-powered policy issuance bot streamlines the entire policy issuance process, from application to underwriting and policy generation. It automates data extraction, eligibility checks, document verification, and premium calculations, significantly reducing processing time and errors. By integrating with various systems, the bot ensures seamless data flow and compliance adherence. It offers personalized policy recommendations based on customer profiles and risk assessments, enhancing customer satisfaction and driving sales.

Traditionally, risk categories are determined manually, which can be subjective and time-consuming. Detecting Risk Category Bot integrates historical data and external sources to automatically categorize risks based on pre-defined rules. This ensures consistent risk assessment and allows for efficient pricing based on risk profiles.

The bot handles a wide range of customer queries, from account balance checks and transaction history to troubleshooting common issues. By leveraging natural language processing, the bot understands and responds to customer needs in a human-like manner, improving customer satisfaction. It also integrates seamlessly with other systems to provide comprehensive support, reducing resolution times and freeing up human agents to focus on complex issues.

Manually reconciling receipts and managing folder access for claims documents can be tedious and time-consuming. AutomationEdge comes with Receipting Recon Bot that can automate receipting reconciliation using AI, and ML to extract data from receipts, compare it with claim data, and identify discrepancies. This bot can also manage document access control, ensuring secure handling of sensitive information.

Folder Access Bot from AutomationEdge can automate folder access control, streamlining document sharing and access for authorized users. It helps to analyze vast amounts of data on user access such as user activity logs, folder and application permissions and user roles and responsibilities. This analysis helps identify anomalies and potential risks, such as users accessing data outside their job function, dormant accounts with active access, excessive access privileges, etc.

Traditionally, KYC involves manual document verification and the process is prone to human error and delays. The KYC bot automates document verification, data extraction, and risk checks for faster and more accurate KYC. OCR capabilities enable the bot to extract essential information from various document types, including passports, ID cards, and utility bills. This significantly reduces processing time and improves data accuracy, allowing compliance teams to focus on higher-value tasks.

Chatbots can be integrated with communication platforms like WhatsApp and MS Teams to provide employees with 24/7 access to support for HR, IT, and finance queries. This improves accessibility, reduces wait times, and allows employees to get answers or resolve basic issues on their own schedule. By integrating WhatsApp and MS Teams Chabot, businesses can-

• Easily use the chatbot to extract employee onboarding files
• Enable employees to raise service tickets and FAQs
• Initiate resolution through MS Teams and WhatsApp
• Send messages to employees for the joining date one day prior

Similarly, insurance companies can also integrate MS Teams with finance systems for expense tracking, approvals, and reimbursements. They can utilize AutomationEdge insurance based solutions to automate data validation, approval workflows, and integration with corporate cards.

Organizations need to effectively manage large volumes of complex, business-critical workloads across multiple applications and platforms. AutomationEdge with workload automation helps create end-to-end automated workflows that involve task sequencing, conditional logic, and cross-system coordination. Automation can range from simple tasks like file transfers or data backups to more complex operations, such as server provisioning or software deployments.

RPA tools can automate the collection and analysis of data relevant to Insurance Regulatory and Development Authority (IRDAI) reports. This ensures accurate and timely reporting, reducing the risk of penalties and streamlining compliance processes. AutomationEdge provides a robust platform to streamline IRDAI reporting processes. By leveraging its automation capabilities, insurers can significantly enhance efficiency and accuracy in data collection, analysis, and report generation.

Claim Processing Bot from AutomationEdge automates the end-to-end claims lifecycle by combining AI, OCR, and RPA. It efficiently handles tasks such as claim registration, document verification, loss assessment, and payment processing. The bot accurately extracts data from claim forms, medical reports, and other relevant documents, reducing manual effort and errors. It also integrates with various systems to streamline workflows and improve turnaround times. With advanced analytics, the bot identifies potential fraud and accelerates claim settlements, enhancing customer satisfaction and operational efficiency.

Anomaly Detection Bot is a crucial tool for insurance companies for identifying suspicious patterns, operational inefficiencies, and potential risks within vast datasets. By detecting fraud, assessing risks, optimizing operations, understanding customer behavior, and ensuring compliance, the bot empowers insurers to make data-driven decisions, reduce financial losses, and enhance overall performance.

This ready-to-use solution from AutomationEdge helps to analyze vast amounts of data on user access such as user activity logs, folder and application permissions and user roles and responsibilities. This analysis helps identify anomalies and potential risks, such as:

• Users accessing data outside their job function
• Dormant accounts with active access
• Excessive access privileges

It can identify unusual access patterns or unauthorized attempts, helping to prevent data breaches and ensure regulatory compliance.