X-CLAIM is the claim vertical of INCHES Healthcare Pvt Ltd - India's first enterprise offering value added services to insurance industry since 2000.
Since its inception, the private insurance journey has been a symbol in tenacity and initiative. Every new year has thrown unique challenges which the industry has faced with resilient élan. The current times are perhaps the most testing and thus call for higher industry collaboration. There is a clear need to manage the public sentiments collectively to make way for a faster turnaround.
"Effective Claim adjudication is going to be the name of the game! Efficient Claim adjudication will be the road to fame!"
X-CLAIM is India's only enterprise offering exclusive, customized, knowledge based inputs to the Insurance industry, largely to claims, legal, risk and compliance functions.
With an experience of assessing over 15000 cases over 7 years, X-CLAIM now offers EXCLUSIVE solutions to the insurance industry.
Largest experience in Pvt Insurance Industry in India
(Including life, health, motor, critical illness and opinions for cases at legal fora)
|Reports opined (Life)||57,847|
|Reported Red flags||14.8%|
|Proposals evaluated for specific future risks (Health)||5910|
|Reported Red flags||21.4%|
|Claim cases analysed*||50,940 cases (Claim pay-out 113 Million USD)|
|Claim cases Audited||10,415 cases (Claim pay-out 28 million USD)|
|Helped recover/ save, amount of Sum assured||2.6 Million USD|
|Decision congruence||78.8 %|
|Turn Around Time||97% (within stipulated time)|
|Medico Legal Opinions-Claims (life, health, motor)|
|Cases Opined* (Cases triggered by insurers as found suspicious)||8,497 cases|
|Claims opined, worth (approx.)||600 Million USD|
|Helped save, amount of Sum assured (approx.)||550 Million USD|
|Decision congruence||99.8 %|
|Turn Around Time||99.9% (within stipulated time)|