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Business Impact

  • Enabled lead prioritization

  • Interpretable reasons, valuable insights

Customer Key Facts

  • Rank : Fortune 500
  • Location : Columbus, Georgia
  • Industry : Insurance

Problem Context

The client is the largest provider of supplemental insurance in the United States, providing financial protection to more than 50 million people worldwide.

They had been facing problems in identifying the leads who have higher likelihood to convert.

The ultimate goal was to help the client’s call center to prioritize the leads, in terms of who to contact first, based on likelihood of conversion.

Challenges

 

  • Dataset available was highly imbalanced
  • Enhancement of solution by minimizing the tuning time
  • Providing support reasons for the identified metrics which potentially affect the probability of conversion
Challenges

Technologies

Python
Tableau
Teradata

Prioritizing The Incoming Leads Which Are Being Contacted Based On The Likelihood Of Conversion

Solution

Quantiphi created a model and developed a real-time dashboard that enabled the client’s call center employees to identify the potential leads which should be contacted first.

Result

  • Real-time leaderboard displays the probability of conversion of leads batchwise on a weekly basis
  • Dashboard supports the scores by providing interpretable reasons and meaningful insights

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