Ingest, analyze, transform and visualize data in a single collaborative workspace. Barrel combines the features of a model building platform, transformations and pipeline tools into one intuitive infrastructure.
This solution can be quickly fit to your data. While these function across lines of business, we also have developed specific models for product lines.
Go beyond rules-based assignment at first notice (FNOL) to adjuster assignment based upon individual examiner capability to handle the claim.
Adjudicate claims minimizing human intervention through recognition of those with predictable outcomes for resolution without adjuster participation.
Identify fraudulent claims faster and/or those previously unidentified.
Identify claims for predicting settlement outcomes.
Identify STD claims at appropriate points in the process to be bridged over to LTD case management.
Identify claims with likelihood of positive social security, a pension and/or workers comp considerations.
We continue to extend models available within the Barrel framework. Below are others we have developed with clients.
Purchase predictor insight into product and customer alignment to appropriately direct, increase likelihood of purchase and offer better product fit.
Application level fraud identifying patterns in applicants with a propensity to be fraudulent in the annuities space.
Distribution fraud review policies and their distribution source to identify institutional fraud in the annuities space.
Employee level fraud identify patterns of claims payments and disbursements for operational manipulation of the disbursement process in the annuities space.
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