Synectics Solutions is delighted to announce that our ground-breaking predictive analytics software, Precision, has been hailed as Claims Technology Solution of the Year at last night’s Insurance Times Claims Excellence Awards.

The entry highlighted the success of the product’s implementation with major insurer esure, and judges praised the speed to market of the fraud detection technology as well as an impressive return on investment.

Synectics saw off tough competition in the category and Kevin Shanahan, Synectics Solutions Chairman and Matt Gilham, Head of Financial Crime at esure received the award at the gala event in London.

The win comes hot on the heels of success at the FS Tech 2018 Awards, which saw Precision crowned as demonstrating Best Use of Data & Analytics.

Osman Khurshid, Predictive Analytics Product Manager, said: “We’re absolutely delighted that Precision has been recognised for its successful implementation with esure. This second industry award again highlights that the results clients are seeing speak for themselves, and the true benefits of a cost-effective and scalable fraud prevention solution.

“esure have been with us from the start of our journey into the world of predictive analytics and it was great to win the award together from a very competitive category.”

Matt Gilham, Head of Financial Crime at esure, said: “This was a great collaborative effort by teams working together across Synectics and esure. The award recognises the team’s success in implementing a cutting edge analytical solution in a tight timeframe.”

Learn more:

Find out more about how esure use Precision

Find out more about the Claims Excellence Awards 2018