Structura for
Insurance and Claims
All-in-one solution for your claims and litigation needs.
Insurance claims processing workflows are long and complex
Businesses spend weeks cleaning and centralizing data
Disparate Systems
Data is distributed across discrete
systems of record, making it difficult for
teams to share data causing information blind spots.
Lack of real-time information
Data is not updated dynamically, forcing organizations to play catch up and make decisions without up-to-date figures
Inability to predict liabilities
Disjointed data systems with dependence on data science teams often creates time delays for up-to date predictive models.
What can Structura do for your Business?
Manage Claims Assignment
Settle Claims Better, Faster, Smarter!
Uses data mining techniques including loss characteristics to group claims by difficulty
Assigns litigation propensity score
Based on adjustor experience, designates most appropriate adjustor for a new claim
In some cases, claims are automatically adjudicated using the Act module
Knock out Loss Reserves and Time to Closure
Be prepared for anything!
Puts an efficient fast-track process in place without sacrificing revenue to overpayments.
Analytics tools use past claims data to determine appropriate limits for instant payouts
Points out whenever a claim requires direct oversight.
Uses historic data to build fraud detection models, flagging claims that have the markers of past fraudulent claims for closer inspection.
Accelerate Claim Settlements
Settle Claims Efficiently!
Helps you accurately estimate time to closure of new claims and calculate loss reserve
Structura’s calculations update dynamically in response to new information, so you are never caught unprepared.
Ensures that your loss reserves are carried appropriately from week to week, month to month, year to year.
