Insurance Intelligent Process Automation Robotic Process Automation Use Case RPA and Insurance Claims Processing: Unstructured Data Automation Requires AI October 27, 2020 by adamdev Our last post discussed how companies often find automation solutions that enable them toĀ address rather simple use cases involving structured data but hit the wall when it comes to more complex processes. Using robotic process automation for insurance claims automation is one such instance where that’s often the case.Ā It’s an issue because insurance companies […] Read more Ā» insurance claims automation robotic process automation
Insurance Intelligent Process Automation Use Case How Intelligent Automation Helps Insurers Process Workersā Comp Claims October 13, 2020 by adamdev Of all the processes a commercial insurance company has to deal with, workersā compensation claims are perhaps the most complex and time-consuming, making it a great candidate for an emerging branch of artificial intelligence technology: claims process automation. To understand why, letās look at how a workersā comp claim typically evolves. After someone gets hurt […] Read more Ā» insurance claims processing Intelligent automation Intelligent process automation workers' comp claims
Insurance Intelligent Process Automation Use Case Reduce Loss Run Reporting Costs with Intelligent Automation September 24, 2020 by adamdev One of the thorniest parts of the commercial insurance underwriting process is getting an accurate picture of the applicantās loss history, generally gleaned from loss run reports. But it can be cumbersome to collect all the reports and accurately extract data from them for input into the underwriting system, making it an excellent candidate for […] Read more Ā» insurance insurance automation Intelligent automation Intelligent process automation loss run reports
Insurance Robotic Process Automation How Intelligent Automation Tames the Healthcare Document Beast June 22, 2020 by adamdev Few vertical industries are as document-intensive as healthcare, whether on the insurance or provider side. That makes the healthcare industry ripe for tools that can automate insurance claims processing and other tasks. The challenge is heightened because most of the documents in question are unstructured,Ā consisting of text, numbers, and images that vary in nature and […] Read more Ā» claims automation insurance carriers Intelligent process automation unstructured documents
Business Financial Services Insurance Intelligent Process Automation Digital Mailrooms: Intelligent Process Automation Cleans out Email In-boxes May 18, 2020 by adamdev As companies look to cut costs for centralized contact centers, they are increasingly looking for ways to encourage customers and prospects to interact with them in ways other than by phone, which is the most expensive avenue. As a result, corporate email in-boxes ā also known as ādigital mailroomsā ā are being flooded with messages, […] Read more Ā»
Business Insurance Intelligent Process Automation Text Data Use Case Process Automation for Insurance Providers Requires a Heavy Dose of Intelligence March 18, 2020 by adamdev Intelligent automation can help insurance companies accurately automate insurance claims processing, a big step toward bringing digital transformation across the insurance value chain. Read more Ā»
Business Financial Services Insurance Intelligent Process Automation Text Data Use Case Intelligent Process Automation Addresses Invoice Processing Pain Points March 3, 2020 by adamdev Processing invoices is an issue that just about any large company struggles with ā and one thatās ripe for automation. But itās a classic example of an application where process automation software that relies on templates fails to deliver consistent results, for reasons that are easy to understand. Consider a large enterprise that has […] Read more Ā»
Business Insurance Intelligent Process Automation Transforming Insurance Operations with Intelligent Document Processing July 30, 2019 by adamdev Intelligent document processing (IDP) is a form of artificial intelligence technology that employs Deep Learning technology to automate processes that involve unstructured data. Itās a big step in the evolution of AI and intelligent automation technology. Previous generations relied on the use of keywords, enterprise search, and highly detailed rule based systems to try to […] Read more Ā»