Center of Excellence Insurance Underwriting Unstructured Unlocked An expert view on automating the insurance underwriting submission process December 27, 2022 by adamdev On the latest episode of my Unstructured Unlocked podcast, I had a guest with deep insurance underwriting experience who painted a picture of an industry in almost desperate need of automation to make up for a challenging combination: a highly manual process and a lack of experienced people to perform it. But heās also optimistic […] Read more Ā»
Intelligent Document Processing Report: Automation-hungry businesses have intelligent document processing poised for rapid growth December 15, 2022 by adamdev Every once in a while you get validation that a business decision youāve made was right on target. Itās a great feeling. A recent report on intelligent document processing (IDP) from market watchers at Deep Analysis should serve as just such validation for any company thatās investing in IDP. The report, āIntelligent Document Processing Market […] Read more Ā»
Center of Excellence Unstructured Unlocked MSRB chief data officer explains how to extract value and insights from unstructured data December 8, 2022 by adamdev Over the course of his three decades in various IT positions with financial services firms, Brian Anthony has witnessed the growth of technology from being a ānecessary evilā to opening up opportunities and value propositions. Today, one of those opportunities revolves around using technology to extract value from unstructured data. After cutting his teeth as […] Read more Ā»
Insurance Insurance Underwriting Intelligent Document Processing Deloitte survey shows technology plays a key role in insurance underwriting modernization December 7, 2022 by adamdev Itās clear the insurance underwriting process is undergoing significant change, with technology playing a starring role, and for good reasons. Insurers need to automate the underwriting process in order to keep quote ratios healthy, while taking advantage of new data sources at their disposal. Deloitte wrote about the underwriting automation issue some time ago, in […] Read more Ā»
Release Notes Uncategorized Release Notes ā Indico Unstructured Data Platform v5.5 December 6, 2022 by adamdev Thank you for being a valued Indico user. The Indico Data team is excited to launch 5.5, the newest addition to our continually improving platform. These release notes are home to all release documentation regarding 5.5, including our patch release notes. Innovations and Updates in v5.5: In Explain, checking the training progress of models in […] Read more Ā»
Insurance Intelligent Process Automation Be more selective in underwriting by automating the insurance submission intake process December 5, 2022 by adamdev Effective underwriting is crucial to profitability for any insurance company and being selective about which policies to write is a key part of the process. Hereās a tip: achieving underwriting automation can help you dramatically expand the pool of policy submissions you have to choose from, driving more selectivity and, thus, profitability. Our conversations with […] Read more Ā»
Center of Excellence Unstructured Unlocked From banks to insurance, companies are climbing the automation center of excellence maturity curve December 2, 2022 by adamdev You probably recall early on in the pandemic how the U.S. Small Business Association made loans available to help businesses stay afloat. Perhaps you also remember how, as a result, banks were inundated with loan applications. What you may not know is that at least one of them turned to process automation tools to help […] Read more Ā»