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Why Table Extraction Is a Game-Changer for Underwriting Operations

October 24, 2025 | Insurance data decisioning, Insurance process automation, Insurance Underwriting

Underwriting operations leaders don’t need another “AI story.” They need a way to accelerate submission intake, streamline data preparation, and improve decision accuracy across complex, high-volume spreadsheets.

That’s exactly what Indico’s Table Extraction delivers.

The challenge: messy spreadsheets stall underwriting workflows

From a 400-row Schedule of Values to a 20-tab Excel of historical loss runs, underwriting teams face massive data challenges. These documents are dense, inconsistent, and often formatted differently from one broker to the next. Yet they hold the information that drives risk selection, pricing, and quote turnaround.

Underwriting staff and operations analysts spend countless hours cleaning, copying, and validating these spreadsheets by hand. The result is slower submissions, longer quote cycles, and unnecessary risk exposure.

The solution: Excel-native ingestion built for underwriting

Indico’s Table Extraction agent was designed for the realities of underwriting, not generic data parsing. It reads, interprets, and structures large, multi-tab spreadsheets and PDF tables exactly as they appear, preserving the fidelity of every row and column.

  • Excel-native ingestion: Works directly with Excel files, no conversions or OCR errors.
  • Insurance-aware logic: Automatically identifies key underwriting fields such as TIV, occupancy, construction details, deductibles, and historical claims.
  • Human-in-the-loop review: Built-in oversight lets underwriters validate, adjust, or approve extracted data for full control and auditability.

The impact: faster, cleaner underwriting decisions

Underwriting operations teams get clean, structured data instantly, ready for clearance, triage, and pricing workflows. That means:

  • Faster submission processing and quote turnaround
  • Reduced manual effort and rework
  • Increased capacity without additional headcount
  • Higher confidence that no critical risk detail is missed

From ingestion to insight, seamlessly

Indico goes beyond extraction to support the entire underwriting decision chain with transparency and scalability.

No templates.
No IT dependencies.
No workarounds.

Just faster, smarter underwriting operations at scale.

Need to accelerate loss run and SoV processing? Let’s talk about how Indico can make your underwriting operations more efficient, accurate, and scalable.

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