Insurance
◇  Industry Solutions

Insurance

Claims analytics, fraud detection & underwriting intelligence

The Challenge

Insurance providers processing tens of thousands of claims annually lack systematic fraud detection, rely on experienced adjusters for manual review, and suffer significant claims leakage. Legitimate claimants endure the same processing delays as fraudulent ones. Underwriting intelligence remains trapped in actuarial spreadsheets rather than feeding real-time pricing and risk models.

12%
Reduction in annual claims leakage
ML-based fraud scoring
62%
Fraud investigation hit rate
Up from 15% with manual review
45%
Faster claims processing
Automated routing and scoring
Our Solutions

Products & Platforms
for Insurance

What We Deliver

Solutions for Insurance

Claims Analytics

ML-powered claims scoring, fraud detection, and severity prediction with real-time dashboards.

Policy Admin Integration

MuleSoft connecting PAS with Oracle ERP, reinsurance portals, and regulatory submissions.

Underwriting Intelligence

Data-driven underwriting models with automated risk assessment and pricing recommendations.

Actuarial Analytics

Databricks-powered actuarial models with GPU acceleration reducing runtime from hours to minutes.

Customer Portal

Self-service policy management, claims filing, and renewal reminders for policyholders.

Regulatory Reporting

Automated IRDAI compliance reports with full audit trail and submission tracking.

Case Studies

Proven results in Insurance

Why Cydez

Engineering that
understands your world.

We have built claims analytics platforms with ML-based fraud detection for general insurance providers in India. Our solutions integrate with core policy administration systems via MuleSoft and deliver real-time fraud scoring on OCI with Oracle Analytics Cloud dashboards.

Insurance at Cydez
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