Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Reduce claims cycle time and improve business outcomes with automation September 10, 2024 by adamdev In the insurance industry, the ability to process claims quickly and accurately is essential for satisfying customer needs and meeting your company’s bottom line. The traditional claims management process, which often involves manual work at several steps, can be slow, inefficient, and prone to errors. However, the integration of automation technologies is changing the status […] Read more Ā»
Artificial Intelligence Insurance Underwriting Intelligent Document Processing Intelligent Intake Unstructured Unlocked Navigating digital transformation in insurance: insights from Parul Kaul-Green September 5, 2024 by adamdev Digital transformation within the insurance industry is often seen as a daunting task, but it’s also a critical one. On the latest episode of Unstructured Unlocked, Tom Wilde and Michelle Gouveia sat down with Parul Kaul-Green, the CEO and Founder of Eudaimon Consulting, to discuss the unique challenges and opportunities that come with leading digital […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Enhancing carrier decisioning through collaborative ecosystems: an Indico webinar recap September 3, 2024 by adamdev Traditional approaches to insurance are no longer enough to navigate the complexities of our industry. Insurance companies must have a keen understanding of emerging technologies and a willingness to innovate effectively. This was the focus of a recent webinar hosted by Indico, where industry leaders shared their insights on how AI, data analytics, and strategic […] Read more Ā»
Artificial Intelligence Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Streamlining data collection for underwriting with intelligent document processing August 29, 2024 by adamdev Efficient data collection and analysis are incredibly important aspects of effective underwriting. Insurance companies rely heavily on accurate, timely data to assess risks, set premiums, and make informed decisions. However, traditional methods of data collection are often labor-intensive, prone to error, and time-consuming, which can lead to delays and inaccuracies in the underwriting process. Thatās […] Read more Ā»
Data Science Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Enhancing risk assessment in underwriting with Intelligent Document Processing August 26, 2024 by adamdev Accurate insurance risk assessment is not just importantāit’s essential. Underwriters need to ensure that the premiums charged align with the potential risk presented by a client, a process that demands precision and comprehensive data analysis. Yet, as the amount of data available to insurers continues to grow, particularly in the form of unstructured documents, traditional […] Read more Ā»
Artificial Intelligence Insurance Claims Insurance Underwriting Intelligent Document Processing Cost savings in claims processing through Intelligent Document Processing August 20, 2024 by adamdev Being able to process claims quickly and accurately isn’t just a goalāit’s a necessity in todayās insurance industry. Customers depend on timely resolutions, and companies rely on the efficient claims handling to maintain profitability and customer trust. However, many insurers are still bogged down by manual, outdated processes that eat up time and resources. Enter […] Read more Ā»
Indico Insurance Claims Insurance Underwriting Intelligent Document Processing Improving accuracy in claims processing with Intelligent Document Processing August 8, 2024 by adamdev Accurate claims processing is vital to maintaining customer satisfaction and operational efficiency in the insurance industry. Manual methods often result in errors and delays, causing financial losses and a decrease in trust. Intelligent Document Processing (IDP) offers a transformative solution, automating the extraction and analysis of information from various documents. This blog explores how IDP […] Read more Ā»
Artificial Intelligence Insurance Underwriting Intelligent Document Processing Unstructured Unlocked From expertise to AI: a round table discussion on bridging the knowledge gap in insurance underwriting August 6, 2024 by adamdev This episode of Unstructured Unlocked comes from a webinar titled “From Expertise to AI” with industry experts from Indico Data, the Swiss InsureTech Hub, and Microsoft for an in-depth discussion on the future of insurance underwriting. The panel, comprising Tom Wilde, CEO of Indico Data; Silvia Scherrer, President and Co-Founder of the Swiss InsureTech Hub; […] Read more Ā»
Artificial Intelligence Insurance Underwriting Intelligent Document Processing Enhancing underwriting processes with intelligent document processing August 1, 2024 by adamdev Intelligent Document Processing (IDP) has enabled insurance companies across various industries to improve their speed, accuracy, and output in underwriting without hiring more peopleāand improving the effectiveness of their current employees, too. This article explores the details of how IDP enhances different underwriting processes, focusing specifically on improving efficiency, data accuracy, and impact on risk […] Read more Ā»
Digital Transformation Insurance Insurance Underwriting Intelligent Document Processing Unstructured Unlocked Unqork global head Farooq Sheikh on banking, insurance, and healthcare automation July 25, 2024 by adamdev In a recent episode of Unstructured Unlocked, co-hosts Michelle Gouviea and Tom Wilde had a conversation about the current state of digital transformation in the insurance industry with Farooq Sheihk, the global head of Banking, Insurance, and Healthcare at Unqork. Farooq shared his insights on the similarities and differences across these sectors, particularly focusing on […] Read more Ā»
