Chatbot is basically a software, which simulates conversation with humans over internet via auditory or textual interfaces. Nowadays, the appeal of chatbot across numerous industries is almost impossible to be denied. Chatbots have become the boon and with usage of Chatbots, smart industries are saving their resources and money by interacting with the customers. 85% of customer relationships to be automated by 2020.(By Gartner Customer 360 Summit).
The concept of chatbots is the one which all the industries are looking forward to implement. Chatbots produces improved experience for the consumers with a self-service option. It provides information as well as resolves issues in real-time. Some of the capabilities and functions that can be facilitated and performed by chatbot integration in insurance sector are:
If you are the owner of an on demand insurance aggregator platform, you already are aware about the importance of bringing innovations to your business products to stay in the competition. Chat bot is destined to enhance customer experience that will help in providing better customer service for your insurance aggregator platform.
Let’s Nurture is an ISO 9001:2015 Certified leading Chatbot Development Company in India, USA, UK, Canada and Australia. Empowered with AI, NLP, and Machine Learning technologies, we, at Let’s Nurture, offer complete Chatbot solutions for Facebook, Twitter, Slack, Kik, Skype and much more leveraging Custom Chatbot development.
The estimated cost of developing Chatbot for insurance aggregator platform will be in the region of $3.5k-5k. Let us have a look at the features users will be able to avail through Chatbot development in the application.
|End Users||Manage Account updates|
|24/7 chat support|
|Schedule the survey appointment|
|Registration of loss for claim|
|Buying of insurance|
|Reviews, Ratings, Feedback|
|Cost of Chatbot system for insurance aggregator platform||USD 3.5K -5K|
In recent times, almost all businesses – small and large are stepping into AI Chatbot Development from conventional Mobile App Development. Apparently, Chatbot creation will be the major part of any businesses till 2021 and 2018 is the starting point of the revolution. According to a recent study, 7% of insurers in Germany are already using chatbots to supplement their range of services; another 44% are planning such a step.
In accordance with Global Trends Study 2017, insurance invests around $124 million per company on an average in this powerful technology. That’s $54 million more than the average across all industries surveyed. Global insurance giant QBE, invested in HyperScience,a machine learning company earlier this year.
Several insurers are already relying on the Chatbots and using it internationally for growing their business across the globe as chatbots.org has listed as follows:
Ever since its existence, Chatbot development has been a core service of Let’s Nurture, having developed number of applications depending upon diverse business needs. Normally, any Chatbot development and integration with a insurance aggregator platform will require following resources:
With the expertise of in-house Chatbot developers, Blockchain and AI developers, Web developers and designers; we have provided IoT and AI based solutions to the wide range of industries. Our Artificial intelligence, and the associated technologies of Natural Language Processing (NLP) and Machine Learning (ML), enables retailers to reach out to customers at a personal level, engage in deeper interactions and enhance their experience with the brand.experience with the brand.
Strategic consultation on technology
Competitive Pricing for custom requirements
Brainstorming and structuring a quality driven development cycle
Expert team of resources deployment
Designing a Chatbot conversation
Building a Chatbot using Chatbot frameworks
On time reporting and effective communication
Industry based chatbot solutions
Quality testing and analysis
A comprehensive Project review
Complete transparency on deliverables