Vallum is a data analytics, business intelligence and customer experience platform that transforms relationships and the exchange of value between insurers and their customers. Vallum's digital offering provides customers with a superior and consistent customer journey. At the same time insurers benefit from a rich and consistent level of data to inform consistent underwriting decisions, pricing and product innovation. By enabling a transformed digital ecosystem Vallum also supports other stakeholders and vendors in being able to utilize and offer their services off a consistent dataset via API thereby eliminating the friction of the traditional value chain. Specific points of difference for the insurer include:1. Strategic Agility - Vallum's platform is product and channel agnostic so that core functionality and data management capability can be readily implemented into a unlimited geographic and product domains.2. Nimble customer interface - a modern, flexible and sophisticated f...
Vallum is a data analytics, business intelligence and customer experience platform that transforms relationships and the exchange of value between insurers and their customers. Vallum's digital offering provides customers with a superior and consistent customer journey. At the same time insurers benefit from a rich and consistent level of data to inform consistent underwriting decisions, pricing and product innovation. By enabling a transformed digital ecosystem Vallum also supports other stakeholders and vendors in being able to utilize and offer their services off a consistent dataset via API thereby eliminating the friction of the traditional value chain. Specific points of difference for the insurer include:1. Strategic Agility - Vallum's platform is product and channel agnostic so that core functionality and data management capability can be readily implemented into a unlimited geographic and product domains.2. Nimble customer interface - a modern, flexible and sophisticated front-end systems environment enable delivery of new products and services to market at exceptional speed without being encumbered by backend legacy technology.3. Efficiency. Vallum compresses excessive intermediation, eliminating the friction that is created. Our goal is for the costs of manufacture and distribution to be reduced by >50%. 4. Superior Brand Experience. Vallum offers insurers high customer proximity even in an intermediated market model. The capabilities and experience that insurers have is transformed into tangible value thereby diminishing price sensitivity. 5. Social Relevance. Vallum visibly contributes to closing the protection gap. Underinsurance occurs as a result of intransparency in the customer experience, and high costs which arise out of the inefficiencies of a linear supply chain which are fundamental problems that Vallum solves. Savings generated offer the opportunity to customers to purchase more and better protection 6. Privacy and Security by design. Vallum respects customers' ownership of their data and incorporates privacy standards in accordance with GDPR requirements. Vallum has the most advanced inbuilt levels of encryption and protection. All additional data protection/ gathering obligations in respect of KYC/ ML/ CFT are incorporated into the solution as a foundation capability. 7. By utilising Blockchain Vallum enables leading edge claims experience while providing sophisticated fraud protection.
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