Embrace data-driven practices as an insurer to reduce risk, enhance customer understanding, and boost profitability.
Data and Analytics Services for Insurance
Utilize historical claims data analysis to identify trends for assessing applicant risk and develop pricing strategies aligned with the determined risk levels.
Track Insurance Fraud
Effortlessly recognize and automate red flags in the application process, empowering agents to take decisive actions on policy issuance. Unearth patterns over time and proactively prevent fraudulent claims.
Improve Customer Experience & Develop Customized Policies
Through the implementation of analytics techniques such as customer segmentation, we enable you to attain a detailed and sophisticated comprehension of customer preferences and behaviors. This empowers you to craft personalized policies tailored to individual needs.
Combine claims and policy data to assess profitability. Extract crucial insights from adjuster claim notes. Optimize claim adjuster staffing models using historical data and claim volume projections.
What We Do
Parabola9 implements the best solution to transform your organization with data-driven decisions. We help you understand your data, identify trends, and make informed decisions that will help you achieve your goals. We offer a wide range of services, including data analysis, data visualization, and data-driven decision-making. We work with you to understand your needs and develop a custom solution that meets your specific requirements.
Our team helps you see the big picture with data-driven insights and a custom action plan to achieve your business goals.
Our team of experts will help you build and deploy the foundation for data analytics success, saving you time and money.
We will help you migrate your legacy data solutions to modern cloud-based platforms without disrupting your business.
Our team of data experts can help you fill talent gaps and provide ongoing support at any level of your organization.