Genpact Property Contents Claim Solution
Genpact offers a generative AI powered contents claims solution for property and casualty insurance. The solution includes talk-to-text inventory capture, automated pricing and valuation, and integrated fulfillment capability powered by AWS GenAI technology and Amazon Business partnership. It integrates directly with carrier and estimating platforms to manage the end-to-end claims process.
- Organization
- Genpact
- Industry
- Insurance
- Location
- United States
- Published
- January 2025
Reported outcomes
−80%
cycle time improvementTime & speed
Strategic outcomes
Catalog median for time & speed deployments: −60% across 727 reported metrics. Compare benchmarks →
Primary read
Use case focus
Showing 3 of 4
- 1Claims Automation
- 2Document Automation
- 3Workflow Automation
- Improve cycle time, indemnity accuracy, and customer experience for contents claims.
- Reduce human intervention and overall cost in inventory capture, pricing, and settlement.
- Modernize a complex insurance claims workflow that spans field capture, valuation, and fulfillment.
- Mobile app for field reps captures inventory with photos and audio.
- AWS document extraction and speech-to-text contextualize files and recordings; Amazon Bedrock powers automated pricing and replacement matching.
- The solution integrates with Amazon Business, Amazon Prime delivery, and claims/estimating platforms such as Guidewire, Xactimate, and CoreLogic.
- Reduce overall cost by up to 50%.
- Improve indemnity accuracy by up to 3%.
- Cycle time improvement up to 80%.
- Improve customer experience through improved speed and accuracy.
Architecture
A mobile app used by field representatives captures claim inventory via photos and audio. AWS document extraction and speech-to-text capabilities contextualize the captured files and recordings. Amazon Bedrock powers automated pricing research and like-kind-and-quality replacement matching. The workflow integrates with carrier and estimating platforms and uses Amazon Business APIs plus Amazon Prime for customer selection and fulfillment.
Implementation partners1
Sources & evidence1
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