Navigate complexity while driving innovation
Today’s insurance executives navigate a complex and demanding landscape where challenges span across innovation, operations, technology, compliance and customer expectations and experience.
CORAC understands the intricate web of compliance, security and operational challenges, and transforms them into opportunities for growth and differentiation.
30%
Operation costs
70%
Time To Market
100%
Customer satisfaction
60%
Operation efficiency
300%
Technological resilence
100%
Full compliance
Artificial Intelligence and data strategy
Our AI solutions focus on addressing critical insurance business challenges, from reducing claims processing times and improving underwriting accuracy to enhancing customer satisfaction and retention.
Tailored services and continous support
CORAC provide customized technology solutions and dedicated support to meet each insurer’s unique needs. Our ongoing partnership approach ensures continuous optimization, faster adaptation to market changes and long-term success.
Customer Experience and Digital Engagement
Insurers need to deliver seamless, personalized customer experiences through mobile apps, AI chatbots and omnichannel platforms. Our solutions boost engagement, strengthen loyalty and drive customer retention in a competitive market.
Policy Management Platforms
We build agile, end-to-end platforms that simplify policy issuance, renewal, and management. By automating workflows and integrating with core systems, we help insurers reduce costs, improve accuracy and deliver faster service to customers.
Claims automation
We streamline the entire claims process with AI-powered solutions that enable fast, accurate evaluations and automated payments. Our technology reduces processing times, minimizes fraud, and enhances the customer experience.
Product innovation and customization
Design, develop and launch new tailored insurance products that meet evolving customer needs through modular product frameworks, real-time data insights and agile development methodologies for faster time-to-market and greater market relevance.
Conversational and Generative AI Applications
We leverage conversational and generative AI to transform customer interactions, from personalized quotes to intelligent virtual assistants. Our solutions enhance engagement, streamline processes, and deliver faster, smarter insurance experiences.
Embedded solutions
We seamlessly integrate insurance products into third-party platforms through flexible APIs and microservices. Our embedded solutions open new distribution channels, enhance customer experiences and drive premium growth.
Data Analytics, Prediction and Risk Modeling
Advanced analytics and AI to predict risks, optimize pricing, and identify growth opportunities. Our models empower insurers to make faster, smarter decisions and deliver more personalized, profitable products.
Systems Integration and interoperability
Integration across legacy systems, cloud platforms, and third-party services. Our solutions ensure interoperability, streamline operations, and create a unified ecosystem that accelerates digital transformation.
Technology adoption and Digital Transformation
Seamless technology adoption driving digital transformation across every layer of their operations with solutions to unlock new efficiencies, accelerate innovation and future-proof businesses in a rapidly evolving market.
Regulatory Compliance and security
Technology solutions must ensure full regulatory compliance and protect sensitive data with advanced cybersecurity frameworks. Our platforms help insurers mitigate risks, avoid penalties, and build lasting trust with customers.