
Loss ControlMajesco
AI-driven platform automating end-to-end loss control surveys for enhanced risk assessment.
Vendor
Majesco
Company Website
Sell-Sheet_LC_2023.pdf
Product details
Overview
Majesco Loss Control is an advanced, AI-driven platform designed to automate the entire lifecycle of loss control surveys, from initiation to completion. By leveraging data from over 16 million property surveys, it streamlines risk assessments, enhances underwriting processes, and improves profitability for insurers. The platform supports both in-person and digital surveys, offering flexibility and efficiency in data collection.
Features and Capabilities
- Comprehensive Survey Management: Automates the distribution and assignment of surveys to field staff based on criteria such as territory and skill sets, ensuring efficient resource utilization.
- AI-Driven Risk Assessment: Utilizes artificial intelligence to provide intelligent insights, enhancing the accuracy and speed of risk evaluations.
- Flexible Survey Options: Supports both on-site and digital self-surveys, allowing insurers to adapt to different risk assessment scenarios.
- Data-Driven Insights: Leverages data from millions of past surveys to provide predictive analytics and improve underwriting decisions.
- Customizable Survey Workflows: Enables insurers to configure workflows based on unique business needs and compliance requirements.
- Integration with Underwriting Systems: Seamlessly connects with core insurance platforms to ensure smooth data flow and informed decision-making.
- Mobile and Web Accessibility: Provides access to surveys and insights via mobile and web applications, ensuring real-time data entry and analysis.
- Automated Reporting and Compliance: Generates detailed reports with actionable recommendations while maintaining regulatory compliance.