Breaking News
Beacon.li Unveils AI Orchestration Layer to Unify Insurance Operations at ITC Vegas 2025
Beacon.li, the enterprise AI orchestration platform trusted by leaders across insurance, HR Tech, BFSI, SaaS, and retail, announced the launch of its latest AI-powered agents tailored for the insurance industry. As digital transformation accelerates, Beacon.li’s agentic layer addresses sector-wide operational frictions, automating processes across client acquisition, claims management, and policy support.
Unlike traditional automation tools, Beacon.li’s workflow-centric agents coordinate entire insurance operations connecting acquisition, underwriting, claim assessment, and support into seamless, unified flows. This orchestration eliminates critical bottlenecks across P&C, motor/general, and brokers, delivering rapid ROI and audit-grade compliance.
Early production deployments report:
- 86% reduction in routine policy inquiries
- 70% faster claims processing cycles reducing settlement times from days to minutes
- 50-70% decrease in quote turnaround times
- 70% lower customer service costs, and improvement in NPS and client satisfaction
“Insurers are under unprecedented pressure to deliver instant decisions, personalized service, and bullet-proof compliance,” said Rakesh Vaddadi, CEO, Beacon.li. “Point-solution bots can’t keep up. Our agentic AI orchestrates entire insurance outcomes, so carriers and brokers can move faster than the speed of business while meeting every NAIC and SOC 2 standard.”
Key Capabilities offered by Beacon.li’s AI Agents for Insurance:
- Multimodal Claims Orchestration: Document, image, and video ingestion with fraud checks and SLA-based escalations
- NAIC-Compliant Grievance Management: Automated acknowledgment, resolution tracking, and audit trail generation
- Autonomous Policy Support: 24 × 7 multilingual assistance that closes 80% of inquiries without human intervention
- Enterprise-Grade Security: Zero backend access, SOC 2 Type II, ISO 27001, RBAC, and SSO-ready deployment options
People In This Post
Companies In This Post
- BNP Paribas & Proxymity Transform Shareholder Meetings With Real-Time Connectivity Read more
- SGX FX and BBVA Announce Partnership to Expand Liquidity in The Americas Read more
- AmFi and Helix Forge Strategic Partnership to Open Latin America’s Private Credit Market to Asian Investors Read more
- EXCLUSIVE: “Sharing is Caring” – Jamie Renehan, Bank of Ireland in ‘The Fintech Magazine’ Read more
- Chainlink Enables Banks to Transact On-Chain Securely and Seamlessly Read more