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Future of Insurance:

Navigate the Future with Confidence

How Value Chain Innovation Lab can reshape your risk management approach

AI / Generative AI / Data Analysis

Leverage AI-powered predictive technologies to anticipate equipment anomalies and prevent costly accidents. Minimize downtime, ensure operational continuity, and prioritize employee safety. AI and Data Driven Approach can even recommend corrective actions or employee training programs.

DX for Insurance Value Chain

Supercharge your insurance value chain. AI-powered risk assessments improve underwriting accuracy, while automated workflows streamline processing. Advanced fraud detection safeguards your business. We personalize marketing and empower customers with easy payments, intuitive claims, and intelligent chatbots – all powered by AI.

Realtime Monitoring and Surveillance

Safeguard your organization with a holistic risk assessment and prevention approach. Our solutions safeguard the environment by tracking landslides to prepare for disasters, and monitor crop health for optimal growth. Coupled with Spatial Data Infrastructure (SDI), we empower organizations to proactively analyze and identify potential issues before they escalate.

Cyber Security

Secure your business with comprehensive, industry-leading solutions. We combine deep expertise with cutting-edge technology to defend against cyberattacks and refine your security posture, freeing you from outdated methods. Our advanced Singapore-based Security Operation Center provides 24/7 monitoring and response, securing your business in today’s evolving threat landscape. Our advanced Security Operation Center in Singapore provides expert services, freeing you from outdated methods and empowering your business to thrive.

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Value Chain Innovation Lab In Action

Getting ahead of natural disasters

Here’s how we’re mitigating external environmental risks:

- Predicting the unpredictable: Utilizing satellite technology and AI/ML, we proactively forecast potential damage from natural disasters, allowing for early warnings and preventative measures.

- Safeguarding lives and property: Our systems help set up necessary safeguards for citizens and businesses, minimizing personal and property damage, and reducing financial losses.

- Transforming from reactive to proactive: We empower communities and businesses, so they know what to expect and have the time to take action, minimizing personal and property damage and reducing financial losses

By putting users first, we can embrace a future where we anticipate, prepare, and overcome.

Revolutionize the way insurance is done

Harness the power of advanced technologies like AI, ML, and image analysis to revolutionize every aspect of your insurance value chain. We empower you to:

- Streamline underwriting and product development with data-driven insights.
- Deliver exceptional customer experiences through personalized services and support.
- Proactively manage risks with AI-powered risk assessment and prevention strategies.
- Boost efficiency and accuracy through automated claims processing and fraud detection.

Building a secure future for stakeholders

Imagine a future where risk management is no longer reactive, but proactive and personalized. At NEC, we’re making it a reality through world-leading biometric solutions and holistic cybersecurity protection services tailored specifically for the insurance industry.

Our expertise goes beyond just securing your data. We empower insurers to move from reaction to prediction, leveraging the power of:

- Advanced proteomics: Gaining a deeper understanding of individual health risks with cutting-edge proteomic solutions.
- AI-powered simulations: Predict potential health issues and proactively manage risks before they become claims.
- Comprehensive cybersecurity: Protect sensitive data with robust security measures, building trust with both insurers and their customers.

This collaborative approach not only benefits insurers through improved risk assessment and cost reduction, but also empowers customers with personalized risk management solutions leading to a healthier, more secure future for all.

Shaping the future of early detection and intervention

Asia’s aging population faces a rise in dementia, kidney disease, and stroke. FonesVisuas empowers healthcare providers with early detection tools using non-invasive blood protein analysis. This proactive approach allows for personalized treatment, preventative measures, and improved patient outcomes – the ultimate goal of all healthcare providers.

We go beyond detection, encouraging individuals to take charge of their health and build a healthier future for all.

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