Insurance Industry
Digital Processing Systems delivers quality insurance consultancy and technology solutions to redefine businesses and their digital outlook with state-of-the-art digital experiences. See how we lead your digital insurance transformation journey for accelerated business outcomes.
Insurance Industry Overview
Background
The Latest Challenges And Trends In The Digital Insurance
Insurance businesses face wide-ranging challenges in keeping up with the market and implementing change across different business verticals. Some real-world, business-facing challenges that prevent successful digital transformation include evolving customer expectations, complicated legacy systems, cyber-security challenges, budget constraints, lack of human capital intellectual, lack of digital agility.
Insurtech Solutions And Value Proposition
DPS is the industry-leading technology, consulting, solution provider for the InsurTech industry, enabling you to implement the right insurance strategies for the right purpose. We deliver end-to-end technology, services and solutions for the insurance sector, helping them generate new revenue streams, improve profitability, increase productivity, enhance efficiencies, maintain compliance and keep pace with the evolving market.
Your Trusted Technology Partner For Next-Generation Digital Transformation And Innovation In Insurance Industry
Our Services And Solutions
We provide high-performing, robust and scalable InsurTech services and solutions to global clients across all insurance industry verticals. We have helped several leading insurance businesses, startups and insurance-led digital sectors digitally transform and automate their businesses.
We help you implement ideas to meet complex business challenges using our agile, end-to-end InsurTech development platform. We build feature-rich, full-fledged Insurance apps, systems, products, software solutions for the entire value chain across the insurance sector in quick turnaround time without breaking your bank
Insurance Claim Automation
DPS provides scalable and sustainable InsurTech transformation and gives you the ability to accurately, efficiently and quickly settle insurance claims while countering and fighting frauds. We provide market-ready and secure insurance claim automation solutions to transform the landscape for insurance claims and improve customer experience across all diverse channels and user touchpoints. We provide optimum technology and automation support for your professional insurance needs and requirements. Our one-size-fits-all insurance claim processing solution can optimize your claim management workflows, maintain records of all transactions and track, report, manage claims incidents for transparent compensations and claims.
You can anticipate to see a visible difference in the workload management since everything can be managed through one central point, allowing greater workflow efficiency and insurance claims management control.
Your customer can quickly, flexibly and efficiently report damages and incidents through the claims Processing System and receive timely and appropriate feedback On the Processing Status.
Your Customers Can Enjoy Digitally-Connected User Experience That Can Lead to Greater Customer Satisfaction and Loyalty.
You can achieve transparency in compensations and claims and prevent fraudster from manipulating you.
Insurance Document Automation
We empower and enable InsurTech businesses to reinvent the future and create centrally-governed connected user experiences to optimize your insurance workflow patterns, improve operational efficiencies and outperform your competitors. Using our robust insurance document automation solution, you maintain complete control over your insurance business. With our end-to-end customer-focused insurance customer management solution, you can comprehensively review customer inquiries, correspondence and claims processing status. Our insurance solution will reduce operating costs, lure new customers and maximize your business’s profitability and value.
Value Proposition
You Can Streamline and Automate Insurance Processes and Workflows Through Agile Transaction Processing.
You Can Increase Transparency in Compensation and Claims and Use Key Performance Indicators (KPIs) Through Pre-Configured Reports.
You Can Optimize and Accelerate Decision-Making by Making an Optimal Use of All Customer Information in Hand.
You Can Maintain a Comprehensive 360-Degree View of Service Offering in The Entire Value Chain.
Empowering Insurtech Businesses To Reinvent The Future And Create Sensational User Experiences Of Tomorrow With DPS Insurance-Led Digital Solutions
DPS InsurTech Services
Customer Experience
We create a compelling and consistent omnichannel experience across diverse digital channels and touchpoints. We build user-friendly interfaces and a highly intuitive insurance process that helps guide you through consulting and application procedures seamlessly.
Personalized Insurance
Analytics And Reporting
We apply advanced analytics, data science insights and Artificial Intelligence (AI) to nurture and cultivate a data-driven culture within your business, making data a backbone of any business decision.
Financial Risk Management (FRM)
Marketing Insights
We help our potential and esteemed clients understand their market, target audience and customer behavior with absolute excellence. We help our customers run targeted marketing and branding campaigns to attract new customers, increase business revenues, retain and upsell existing clientele and make their marketing efforts felt with accelerated business outcomes.
Automation Tools
We use advanced Business intelligence (BI) and automation tools and deploy all-inclusive systems for automated document management and insurance processes. Our long-lasting expertise in advanced technologies and business automation tools empowers us to create the highly personalized and business-focused insurance solutions of tomorrow.
Fraud Prevention
We build state-of-the-art fraud prevention software solutions powered by neural networks that ensure timely detection of frauds and identify suspicious patterns and behavior from large data sets. This helps us discover and identify anomalies at the early stages of communication with a potential fraudster or deceiver. We design a secure, scalable and fraud-free framework by utilizing advanced analytics and automation techniques and methodologies to maximize and exploit fraud prevention barriers.
Claims Management
We provide optimum technology support for your professional insurance needs and requirements. With our claims management solutions, you can optimize your business processes, streamline claims management workflow and automate your day-to-day claims-centric operations, including but not limited to automating the generation of claims documents, synopsis of payments. Our feature-packed online solutions can help you maintain records of all transactions and track, report, manage claims incidents for transparent compensations and claims.
Why Should You Choose DPS For Digital Insurance?
High-Level expertise in multiple lines of insurtech businesses covering health, life and general insurance.
Dedicated team ready to deliver insurtech consulting, services and solutions for digital insurance industry.
Global presence with resource availability worldwide.
Delivery of 100+ insurance projects globally, 50+ recurring insurance customers.
15+ years of experience in delivering robust insurance technology services and solutions.
100% money-back guarantee.
Complete confidentiality.
Strong footprint and excellence on open source, Microsoft, Oracle, Azure, AWS, Cloud and Mobility.
Robust capabilities in agile technologies—AI, ML, RPA, Analytics, IoT, OCR for insurance document processing.
We Create State-Of-The-Art Insurtech Technology Solutions That Are Safe, Secure, Stable And Scalable To Help You Create A Strong FootPrint In Today’s Digital Age
Advanced Technologies
At DPS, we deliver state-of-the-art digital transformation success through the smart implementation of advanced technologies and InsurTech solutions that future-proof your business. We revamp your legacy insurance systems and drive InsurTech businesses forward with OCR, RPA, AI, ML/DL, IoT, digital experience and advanced analytics.
- OCR For Insurance Document Processing
- Digital Experience And Advanced Analytics
- Robotic Process Automation (RPA)
- Internet of things (IoT)
- AI And Machine Learning
OCR For Insurance Document Processing
Our OCR (Optical Character Recognition) services are available in English and Arabic, allowing InsurTech businesses to classify the document, capture data and apply business rules to achieve desired business outcomes. There are different use cases in the insurance industry where OCR is being used, such as Claims Processing, Customer Management, Document Automation and beyond.
Our OCR services for Insurance Document Processing (Intelligent Document Processing) are exclusively designed for bringing automation and digitization to the digital insurance industry. Our OCR technology also helps you digitize printed texts so that sensitive information can be electronically accessed, edited, searched, stored and organized by authorized users. We use Open Source Tesseract, have customized it for the Arabic language and specific domains.
Digital Experience And Advanced Analytics
Through a well-versed, research-backed digital experience execution strategy, and an extensive portfolio of InsurTech clientele across prominent insurance verticals, DPS has all the secret ingredients to support your unparalleled digital transformation journey. Our advanced predictive and analytics models allow us to gather the right insights to counter all digital disruptions, which may cause deterrence to your digital success journey. We create seamless digital experiences that are unified and consistent across all digital channels and touchpoints.
We empower Insurance businesses to have digital branding and visual consistency to attract new customers and maximize ROI and value. We work extensively with insurers to find solutions and opportunities that deliver sustained and profitable growth while optimizing their business-intensive operations. With Digital Experience and Advanced Analytics, we can help you with Premium, And Optimized Pricing, Delivering Customized Offerings, Fraud Prevention, Self-Servicing of Policies, and more.
Robotic Process Automation (RPA)
Through a well-versed, research-backed digital experience execution strategy, and an extensive portfolio of InsurTech clientele across prominent insurance verticals, DPS has all the secret ingredients to support your unparalleled digital transformation journey. Our advanced predictive and analytics models allow us to gather the right insights to counter all digital disruptions, which may cause deterrence to your digital success journey. We create seamless digital experiences that are unified and consistent across all digital channels and touchpoints.
We empower Insurance businesses to have digital branding and visual consistency to attract new customers and maximize ROI and value. We work extensively with insurers to find solutions and opportunities that deliver sustained and profitable growth while optimizing their business-intensive operations. With Digital Experience and Advanced Analytics, we can help you with Premium, And Optimized Pricing, Delivering Customized Offerings, Fraud Prevention, Self-Servicing of Policies, and more.
Internet of things (IoT)
DPS helps InsurTech businesses with IoT-enabled technologies, and make powerful data-driven decisions to attract new business, better serve existing customers, reduce insurance claims costs. Our high-value IoT-based InsurTech services and solutions help you gain a competitive advantage through superior technical brilliance in the insurance management flow. Our IoT-enabled InsurTech solutions transform your business’s service quality, deliver exceptional customer experiences. They also boost enterprise productivity, generate new revenue streams, ensure higher ROI by all means, manifest cost-effectiveness, and more.
We help Insurance businesses worldwide become more agile, adaptive to evolving future technologies and unlock the real business value of connected devices. Our IoT experts help organizations achieve efficiency through data-rich insurance software solutions engineered to perfection for accelerated business outcomes. We provide IoT-enabled solutions for the digital insurance industry across Risk Management, Improvement Profitability, Customization, Effective Business Processes, and more.
AI And Machine Learning
We provide transformative, futuristically-inclined Insurtech solutions, inspired and powered by AI and ML capabilities to help you make accurate predictions in a fraction of the time required by traditional methods. We harness AI and ML’s power in the insurance industry to co-create state-of-the-art InsurTech solutions to help clients deliver customer experience and personalization at speed and scale.
We leverage AI and Machine intelligence to unlock the unexplored areas and untapped opportunities leading to greater customer satisfaction, operational efficiencies, improved customer experience, and competitive edge. Our InsurTech solutions help transform processes, including but not limited to risk assessment, fraud detection, personalized marketing, price optimization, sales and distribution, and claims processing and underwriting.
OCR for Insurance Document Processing
Our OCR services for Insurance Document Processing (Intelligent Document Processing) are exclusively designed for bringing automation and digitization to the digital insurance industry. Our OCR technology also helps you digitize printed texts so that sensitive information can be electronically accessed, edited, searched, stored, and organized by authorized users. We use Open Source Tesseract, have customized it for the Arabic language and specific domains.
Digital Experience and Advanced Analytics
We empower Insurance businesses to have digital branding and visual consistency to attract new customers and maximize ROI and value. We work extensively with insurers to find solutions and opportunities that deliver sustained and profitable growth while optimizing their business-intensive operations. With Digital Experience and Advanced Analytics, we can help you with Premium, And Optimized Pricing, Delivering Customized Offerings, Fraud Prevention, Self-Servicing of Policies, and more.
Robotic Process Automation (RPA)
We help you create a highly-centralized risk-free insurance landscape where your insurance customers can quickly and efficiently communicate with you, file their compensation claims, and see the status of their claims. Our RPA and Business Process Optimization capabilities in digital insurance include Claims Transformation, Business Process Automation, Exception Management, Underwriting Process Optimization, Real-Time Transaction Trends, Regulatory Compliance Management. We help you create winning InsurTech strategies and solutions for new-age digital insurance challenges.
Internet of things (IoT)
We help Insurance businesses worldwide become more agile, adaptive to evolving future technologies and unlock the real business value of connected devices. Our IoT experts help organizations achieve efficiency through data-rich insurance software solutions engineered-to-perfection for accelerated business outcomes. We provide IoT-enabled solutions for the digital insurance industry across Risk Management, Improvement Profitability, Customization, Effective Business Processes, and more.
AI and Machine Learning
We leverage AI and Machine intelligence to unlock the unexplored areas and untapped opportunities leading to greater customer satisfaction, operational efficiencies, improved customer experience, and competitive edge. Our InsurTech solutions help transform processes, including but not limited to risk assessment, fraud detection, personalized marketing, price optimization, sales and distribution, and claims processing and underwriting.
Maximize InsurTech Transformational Excellence By Putting User Experience At The Center Of Your Digital Transformation Strategy
Development Services
DPS Technology Capabilities For Insurance
Our success mantra at Digital Processing System is simple: build highly functional, performance-oriented, user-friendly insurance software and solutions using agile technologies to meet complex business challenges and lure a new audience towards your brand. Our software engineering, development and digital consultancy expertise can streamline your insurance business operations, create an efficient and competitive business environment. They also improve customer experience with secure, scalable and cost-effective insurance-led technology solutions to get you digitally mature. Our technology experts help modernize your legacy systems and provide customers with market-ready InsurTech solutions to outperform growing digital disruptions.
Custom Software Solution
Business Intelligence
CMS
UX / UI
We deliver visually pleasing and interactive UI designs for a comprehensible experience. Our UI/UX designers are well-versed in the diverse field of design techniques as we provide optimized best-in-class user experience across all digital channels and user touchpoints.
Integration
We collaborate with you to execute scalable, flexible and sustainable integration competencies. Our integration capabilities allow you to connect with external partners, payment providers, third-party services to introduce additional functionality, create next-generation social networks, streamline data and systems flow and benefit from other integrations available through an application programming interface (APIs). Our robust integration services allow your apps in the cloud, legacy applications and on-premises to communicate with one another effectively. From configuring to management, we have got you covered.