Deploy intelligent, industry-specific voice assistants to transform insurance customer journeys live in 4 weeks with real-time analytics, scalable solutions, and compliance for even the most regulated environments.
Cost per engagement
Response time
CSAT
Customer satisfaction
The insurance industry faces challenges like complex claim processing, rising fraud, regulatory pressures, and the need for faster, personalized customer service.
Manual claims handling leads to week-long delays (7–10 days on average) in settlements , frustrating customers and increasing operating costs. Nearly 20% of claims contain errors, each requiring ~$25 in rework, which adds up quickly.
~80% of complaints to top insurers concern the claims process blog, often citing long resolution times and repetitive paperwork. When claims take over 10 days, satisfaction scores plummet by 167 points (on a 1,000-point scale), driving customers away.
Policyholders expect instant, always-on support. Satisfaction more than doubles (777 vs. 337 score) when customers find it easy to reach their insurer. Yet many insurers struggle to provide round-the-clock assistance for claims or policy inquiries, especially after hours.
Maintaining large support teams is expensive. Every missed detail or follow-up can mean costly churn – 30% of dissatisfied claimants have switched carriers within two years blog. Insurers need a way to reduce per-claim service costs without sacrificing quality.
From automating claims and renewals to enhancing customer support, Voice AI streamlines key insurance processes for faster, more personalized service
Automate the first report of an incident via voice – guiding claimants through info collection and next steps.
Proactively notify customers of upcoming renewals or payments due, and even handle renewals via voice verification.
Provide real-time claim status or payout info on call, reducing inbound queries to human agents.
Use voice bots to ask initial questions and flag suspicious claims for further review (enhancing fraud prevention workflows).
Answer common policy coverage questions instantly (“Is X covered under my plan?”), improving customer clarity and reducing support tickets.