Atidot

Atidot is an AI-based predictive analytics platform developed specifically for the life insurance industry. According to the vendor, it aims to assist life insurance companies of all sizes in deriving new insights from their data and transforming them into actionable strategies for revenue growth. The platform caters to professionals in the life insurance industry, including life insurance professionals, data scientists, actuaries, underwriters, and insurance product managers.

Key Features

In-Force Solution: According to the vendor, this feature enables life insurance companies to optimize customer lifetime value using AI and predictive analytics. It claims to provide predictions on customer behavior throughout their life journey to identify cross-sell and upsell opportunities. Real-time insights and predictions on customer behavior and premium potential are said to be accessible through dashboards and alerts. The vendor also asserts that the solution facilitates operational efficiency without complex integration requirements.

Online Customers Solution: The vendor claims that this feature empowers distribution channels with AI predictive analytics solutions. It is said to utilize proprietary data to identify customers online and reach them faster and at scale. The vendor suggests that it can potentially enhance return on investment by up to 50% and reduce lead cost by 80%. Additionally, it claims to enable the automatic launch of marketing campaigns, text messages, and email journeys to high-intent leads.

Annuities Solution: According to the vendor, this feature aims to reduce surrender rates and enhance distribution performance for life insurance companies. It claims to predict customer surrender behavior and understand price elasticity to optimize annuity policies. The vendor suggests that it can provide a comprehensive view of agent and distribution channel performance to improve profitability. The solution is said to potentially improve return on investment by up to 65% and increase lead conversion.

Atidot Optimal: The vendor states that this feature allows life insurance companies to leverage AI for generating new revenues from existing customers. It claims to provide actionable insights on existing customers with ease. Real-time insights and predictions on customer behavior and premium potential are said to be generated. The vendor also claims that the solution seamlessly integrates with legacy systems and enables the application of marketing campaigns and plans.

Atidot Max: According to the vendor, this feature enables life insurance companies to leverage proprietary data to identify customers online and reach them faster and at scale. It claims to potentially improve return on investment by up to 80% and lower lead cost by 65%. The vendor suggests that it can automatically launch marketing campaigns, send text messages, and trigger email journeys to high-intent leads. The solution is also said to utilize advanced technology without complex integration to optimize online digital campaigns.

Optimize Your Annuities with AI: The vendor claims that this feature helps life insurance companies decrease surrender rates and enhance distribution performance to maximize profitability. It suggests that advanced AI models can be utilized to personalize annuity policies with optimal interest rates. The vendor states that the solution provides a comprehensive view of agent and distribution channel performance to improve profitability. It is said to potentially improve return on investment by up to 80% and reduce lead cost by 65%.

Unlock the Potential of Your Data: According to the vendor, this feature enables life insurance companies to generate new premiums by optimizing customer lifetime value using AI and predictive analytics. It claims to predict customer behavior and identify upsell and cross-sell opportunities. The vendor suggests that it can also identify customers at risk of lapsation and help implement retention plans. The solution is said to streamline insights into marketing actions and policyholder outreach.

Addressing the Needs of Life Insurance Today: The vendor claims that this feature provides answers to specific use cases such as generating upsell and cross-sell revenues, preventing lapsation, and optimizing distribution and product strategy. It suggests that customer behavior and financial needs can be predicted to identify growth opportunities. The vendor states that customized outreach programs can be implemented to prevent lapsation and retain policyholders. The solution is said to deliver end-to-end solutions for data analysis, insights generation, and marketing actions.

Atidot's AI Software: According to the vendor, this feature utilizes advanced AI and machine learning algorithms to generate insights about customers. It claims to provide real-time alerts and notifications through interactive dashboards. The vendor suggests that data can be enriched with proprietary and third-party data for a comprehensive overview of the book of business. The solution is said to enable the testing of potential case scenarios and tracking of current trends for informed decision-making.