Insurance

Fraud prevention and financial assessments for insurance

Create better customer experiences that reduce cost to serve, prevent loss, and manage claims.

Solutions

See how Tiimely supports insurance

  • Identify insurance fraud in claims

    Xapii offers secure document collection which uses AI to analyse 100+ different fraud checks to identify evidence of document tampering or manipulation in real time.

  • Drive growth with deeper insights

    Leverage transaction data, open banking, and Tiimely's proprietary AI to identify opportunities for policy consolidation or analyse potential claim behaviours to enable risk based pricing.

  • Automate complex calculations with AI

    Xapii's highly configurable and parameterised features allow you to configure rules to your chosen level of risk and tolerance.


Features

Features tailored to insurance needs

Insurance underwriting

Unlock deeper financial insights

Xapii enables deeper insights into a customer's financial data available through the Consumer Data Right as part of the Australian open banking regime.​

These insights can be used during analysis and risk profiling to support the underwriting process.

  • Surface financial risk indicators such as high-risk spending or irregular income
  • Identify additional insurance policies for bundling opportunities and nudging
  • Unlock dynamic pricing and risk modelling using merchant data information

Fraud detection

Reduce insurance fraud with AI-powered document analysis

Xapii’s embedded AI and tools help to fight fraud through financial insights and document fraud detection.

  • Instantly run 100+ fraud checks on uploaded documents
  • Gain in-depth transaction analysis to identify repeated claims or conflicting data
  • Enhanced digital analysis that investigates document forensic history and validates content such as ABNs, barcodes, and BSBs
  • Automate income assessments for claims processing

Why partner with Tiimely

  • Data & explainable AI

    Our platform harnesses the power of data & explainable AI to enable human in the loop automation throughout.

  • Seamless integration

    Xapii slots into your existing tech stack and ingests data from Australia's most trusted sources.

  • API enabled

    Our APIs offer extensibility & flexibility. When our partners integrate it leads ​
    to higher customer engagement & lower operating costs.

  • Configurability

    The platform's configurability & flexible design enable support for a wide range of use cases.

  • Componentisation

    The platform’s modular approach ensures flexibility and efficiency in execution.

  • Resilience

    Our platform proactively prevents, detects, recovers & responds to events that could disrupt business activities.

  • Info security & compliance

    Info security & proactive monitoring of environmental controls enables compliance by design.

  • Quality engineering

    Quality is reflected in the Platform through adherence to industry best practices & continuous improvement.

Security and Encryption

Bank-level security and encryption

At Tiimely, we take security seriously. We are SOC2 compliant, ISO certified, have embedded digital compliance and are CDR and ADR accredited.

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Find out how Tiimely can help you automate and scale

Contact our experienced Commercial team for a demo today