Today’s insurers need more than automation — they need intelligent, context-aware systems that
drive measurable outcomes across acquisition, retention, and operations.

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Customer DNA and
Next Best Offer

Enhanced personalization with deep customer intelligence and real-time product recommendations.

  • Achieved 23% uptick in pre-approved product take-up via a customer 360 + hyper-personalization platform.
  • Delivered a 9% reduction in campaign cost with targeted, AI-driven product nudges.
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Core Insurance
Process Efficiency

Accelerated Underwriting and Claims with advanced and intelligent Gen AI powered automation.

  • Achieved 60% TAT improvement and 62% STP uplift with an underwriting & claims automation platform.
  • Implemented Gen AI Co-Pilot for underwriting decisions, reducing review cost by 90%.
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Customer Servicing
& NBA

Deliver faster, smarter service with sentiment-aware AI, ML, and Gen AI solutions.

  • Improve contact center efficiency by 40% using advanced AI/ML models.
  • Enabled real-time access to servicing insights via transaction categorization and tagging.
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Customer Retention
Excellence

Predicting lapses early and driving persistency through targeted nudges and agent insights.

  • Boosted persistency with early lapse prediction models and renewal nudges.
  • Empowered agents with engagement triggers, improving renewal conversion outcomes.
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Sales & Distribution
Enablement

Optimizing lead conversion and agent performance with funnel analytics and dynamic prioritization.

  • Increased warm lead conversion by 15–20% using agent prioritization and funnel analytics.
  • Optimized sales funnel performance through intelligent opportunity nudging.
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Data Foundation for
Gen AI

Scalable & compliant data platforms that power AI, Gen AI, and advanced regulatory reporting.

  • Delivered a unified, cloud-native platform consolidating 40+ sources.
  • Enabled actuarial and risk teams to cut reporting time from 10 days to 4 hours.
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Sales Funnel Optimization and Dynamic Agent Allocation to Improve Conversion Rate

AI-powered funnel optimization increased warm leads, agent productivity, and ROI by transforming how 70k+ agents engage prospects.

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Hyper-personalization to Enhance Customer Loyalty of Leading Insurer

Unified customer data and AI-driven recommendations increased campaign impact and cross-selling for a 40M+ customer life insurer.

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Data Platform Design and Implementation for Enterprise Analytical Use Cases

Modern data platform eliminated silos, doubled reporting speed, and empowered 70k+ agents and 500k+ customers with real-time insights.

Let’s talk about how LUMIQ can help you unlock AI-driven
growth and efficiency.