Upptec valuation in Guidewire
A fully automated claims process with a self-service plug for policyholders.
Claims Automation – Fully Automated in Guidewire
Claims are by far the largest expense for carriers. Upptec Valuation Add-on is a claims automation process, which is the remedy to the industry’s major pain-points, by saving time, reducing compensation variation and bringing transparency to policyholders.
Upptec has developed a cutting-edge solution which enables contents claim automation for home insurance. It allows Guidewire users to provide a fair, transparent, and quick compensation. As a result, the customer’s digital experience is improved whilst claim costs are reduced.
Customer use case showed a 78% successful STP (straight-through-process) of claims with Upptec Valuation.