LeadMate: AI-Powered Digital Innovations

Winning new sales in the health insurance industry is no easy task, and ensuring policies stay active in the first year adds another layer of complexity.

One of the largest retailer bank in Sri lanka could revolutionize the approach through bancassurance, data and AI by leveraging a rich array of banking data (credits, debits, fixed deposits, recurring deposits, loans, credit card usage, mortgages, investment portfolios, and even cash flow patterns etc.). This solution harnesses the power of Data, AI, and agentic models which can offer highly personalized, sustainable insurance policies that align with customer behaviors and financial profiles. By leveraging AI agents, we are witnessing a significant increase in the speed at which the sales team attains MDRT status.

How do we did?

1. Deep Behavioral Analysis: Solution will analyze customers' banking patterns, including credits, debits, fixed deposits, recurring deposits, loans and credit card usage etc. to create a comprehensive financial profile(dynamic) for each user.

2. Targeted Policy Recommendations: Based on financial behavior and predictive analytics, the agent will recommend policies that align with the customer’s financial capacity and life stage for sustained premium payments and minimizing the risk of policy lapses within the first 13 months.

3. Customer Retention Optimization: Predictive models will identify customers at risk of lapsing and provide tailored interventions to retain them.

4. Seamless Integration: Integrate with your existing CRM and data infrastructure, ensuring minimal disruption and maximum efficiency.

Let's arrange a demo!!!