TeqNext for Claims Management is an AWS-powered solution that transforms insurance operations with AI and Cloud technology. Utilizing Amazon S3 for secure data storage, it facilitates Intelligent Intake Processing with machine learning for precise data collection. AWS Lambda drives Process Automation & Workflow Integration, accelerating turnaround times, while Amazon SageMaker aids in Advanced Fraud Detection and AI-Enhanced Underwriting Reviews.

Amazon QuickSight enables real-time analytics, and AWS DynamoDB ensures rapid, scalable data handling. This suite improves operational speed, cost efficiency, and revenue growth through intelligent cross-selling predictions.

**Business Benefits Include: **

Operational Speed: Swift and precise claim intake, reducing wait times.

Risk Management: Improved decision-making in underwriting, minimizing financial risks.

Cost Efficiency: Reduced manual interventions, leading to operational savings.

Revenue Growth: Identifying and capitalizing on cross-selling opportunities.

Trust & Security: Enhanced detection mechanisms safeguard against false claims.

Volume Handling: Efficiently manage high claim volumes without compromising accuracy.