INCHES Labs
Transform your business operations with our advanced analytics and optimization solutions. Drive efficiency and growth with our expert consulting services.
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Areas of Focus
Technology
To Leverage Smart Technologies at different different points in the Business Process of Insurance Policy Life Cycle Management
Control Tower
To Co Create Control Towers that can drive Operations Management and also Revenue Development(through enablement of fine tuning of Service Offerings
Process
To develop higher capability in “ Straight Through Process “ for larger percentages of policies issued by various Insurers
Partnership
To Develop Strategic Partnerships with Digital Insurance and InsureTech organizations to enhance width of Industry Engagement
We provide Analytics Consultancy through
- Business Process and Data Source Due Diligence
- Core Model Mapping on Business Processes to enable Data Quality and Hubs
- Problem Analysis and Definition along with Root Cause Analysis
- Prescriptive and Predictive Analytics through Data Modelling and Dash Boards
- Co Creation of Control Towers for Business and Operations Key Performance Indicator Management
Help Improve our Clients'
Data Quality
through
- Business Process Analysis and Establishing Data Source and Methodology for Generation and Flow of Data
- Identifying points of failures in data flows and related mitigation
- Mapping data ownership and tagging with organization and people for controls and ownership ( RACI Matrix )
- Define Data Hubs and Convergence layer of data points to Engineering and next set of actions
- Plotting Critical Path for Data based on list of outcomes that needs to be managed
Phases of Implementation
Phases of implementation are a structured approach for project delivery. Planning, analyzing, designing, implementing ensure project success.
Following a phased approach minimizes risk and maximizes outcomes. Each phase builds on the previous one.
Co-Creation Structure for effective execution
of
the Analytics initiative
Create an Analytics competency based on Foundational Layers
Five Phase Data Maturity Model
Agile Data Warehouse
Behavioral Data Platform
Collaborative Ideation Platform
Analytical Application Platform
Autonomous Decisioning Platform
We’ve entered the market over 100+ years of expertise in Analytics with the core purpose to provide the Business Value to Eco-system through data.
Mission
To focus on Business Processes and key Operational Metrices along with active Customer Engagement to drive Service Excellence. To consistently review and enhance Operations Methodology, Technology Ecosystem and Human Capital Management to exceed Customer Experience Benchmarks. To build and operationalize Centers of Excellence for Underwriting and Risk Management embedding Technology Solutions .
Vision
Area of Focus
Technology
To Leverage Smart Technologies at different points in the Business Process of , Insurance Policy Life Cycle Management
Control Tower
To Co Create Control Towers that can drive Operations Management and also Revenue Development ( through enablement of fine tuning of Service Offerings )
Process
To develop higher capability in “ Straight Through Process “ for larger percentages of policies issued by various Insurers
Partnership
To Develop Strategic Partnerships with Digital Insurance and InsureTech organizations to enhance width of Industry Engagement
Phases of Implementation
Service Offerings
Data Quality
Mission
To focus on Business Processes and key Operational Metrices along with active Customer Engagement to drive Service Excellence. To consistently review and enhance Operations Methodology, technology ecosystem, human capital management & skill upgrade program to exceed customer experience benchmarks. To build and operationalize COE for Underwriting, Risk Management & Technology Solutions for Sustainability.
To Leverage, "INCHES Advantage" along with Design Thinking and Cognitive Capabilities to power Transformative Solutions for Insurance Domain to enable key market differentiators for our Customers.