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Insurance

Intelligent Document Processing: Revolutionise Insurance Operations

The insurance industry is based on document-heavy processes, such as policy agreements, underwriting reports, and claims forms. Our Intelligent Document Processing (IDP) solution automates these workflows, allowing insurers to improve the customer experience, accuracy, and operational efficiency.

Key Use Cases of IDP in Insurance

  • Claims Processing: Extract data from medical reports, claims forms, and supporting documents to speed up processing.
  • Policy Management: Automate the extraction and classification of policy details for accurate record-keeping and compliance
  • Underwriting & Risk Assessment: Examine unstructured data from inspection reports, incident notes, and financial statements to better assess risk.
  • Client Onboarding: Make new client applications easier by processing and digitising forms, cutting down time.
  • Compliance Reporting: Sort and safely store sensitive documents to provide audit-ready compliance.

“With IDP, insurers reduce claims processing time by up to 70%, improving customer satisfaction and operational efficiency.”

Transform Your Insurance Workflows Today

Enhance client trust, cut costs, and streamline processes with IDP. Embrace more intelligent document processing and bid farewell to manual inefficiencies.

Get in touch with us right now to arrange a customised demo or to find out more!

Frequently Asked Questions (FAQs)

1

Can IDP handle attachments such as scanned identification documents or photos with claims?

Indeed, our technology ensures thorough data extraction by supporting a variety of file types, such as scanned IDs, PDFs, and pictures.

2

How long does it take an insurance company to implement IDP?

Depending on the intricacy of your workflows and document types, implementation usually takes 2-3 weeks.

3

Can IDP react to changes in regulatory requirements?

Of course. As rules change, our AI-powered IDP solution keeps learning and adapting to ensure compliance.

Are you interested in doing your project with us?