BankingSourced
Case Study: Belfius lifts insurance claim conversions with a Sinch AI chatbot
Belfius Case StudySourced & dated by Case Study Desk
Key results
The challenge
Belfius, one of Belgium's largest banks serving around 3.5 million customers, wanted to make filing insurance claims easier and reduce the load on its customer care team. Traditional insurance claim forms were converting poorly.
The solution
Belfius used Sinch Chatlayer.ai to build two AI chatbots: myBo, an insurance-claims assistant embedded in the Belfius Mobile Banking app, and Bbot, a banking assistant that answers customer questions.
The results, in context
Belfius reported an 87.5% increase in conversions when comparing claims filed through myBo with the traditional insurance claim forms. myBo processed around 2,000 claims per month and saved the customer care team roughly 600 working hours monthly, while Bbot answered about 5,000 questions per month.
Products used
Sinch Chatlayer.ai (AI chatbot)