Clonizo for Insurance

For insurance companies finding and building customer relationships and managing risks are key to creating a growing and profitable business. Companies that are making extensive use of AI and machine learning are reaping the benefits of increased customer satisfaction and loyalty while decreasing fraud. Clonizo, an automated machine learning platform is empowering leading insurance companies to deliver solutions that are changing the industry.

Use Cases

Lead Scoring

Identify which customers and prospects are most likely to convert

Cross Sell & Up Sell Success

Identify customers with high propensity to cross sell and up sell

Fraud Detection

Identify claims which are potentially fraudulent

Policy Renewal

Predict non-life insurance customers who will renew their policies

Persistency

Predict life insurance customers who are likely to get lapsed in the 13th, 27th, and 39th months to target retention campaigns

Policy Surrender

Predict customers who are likely to surrender their policies to target retention campaigns

Early Premium Payment Prediction

Identify those customers who are likely to pre-pay their renewal premium