Artificial Intelligence Commercial Banking Insurance Intelligent Document Processing Step up your automation game: apply intelligent document processing to corporate email inboxes February 1, 2022 by adamdev In talking with customers, one intelligent document processing use case comes up again and again: automating corporate email inbox processing. Whether itās insurance, mortgage processing or just a generic corporate ādigital mailroom,ā most every company has an issue dealing with the massive quantities of email they get every day. Email is a good example of […] Read more Ā»
Commercial Banking Commercial Real Estate Insurance Intelligent Document Processing Use Case 3 Industry Examples of How Unstructured Data Processing is Key to Automation Success August 12, 2021 by adamdev All enterprises are interested in automating numerous processes as part of their digital transformation efforts. But they often settle for less than an actual ātransformationā when it comes to processes that involve unstructured content and data.Ā Technologies such as robotic process automation (RPA) are good at automating repetitive tasks that involve highly structured data sources […] Read more Ā»
Insurance Intelligent Document Processing How Intelligent Document Processing Enables Document Automation for Underwriting August 5, 2021 by adamdev Insurance companies ā whether life,Ā property & casualtyĀ or commercial āĀ know they have to be accurate in their underwriting processes in order to be profitable. But underwriting is a process that can be laborious, involving humans extracting data from various types of documents, most of them unstructured. Thatās why so many companies are interested in technologies that […] Read more Ā» insurance underwriting P&C insurace
Artificial Intelligence Insurance Intelligent Document Processing Why AI is Required for Transformative Insurance Claims Automation July 22, 2021 by adamdev Carriers know that insurance claims processing is costly mainly because it has traditionally required lots of human resources to examine and process all the required documents and images. There is, however, a viable, transformative solution: using a combination of robotic process automation (RPA) and artificial intelligence (AI) in the form of intelligent process automation to […] Read more Ā»
Artificial Intelligence Insurance Intelligent Document Processing 3 Ways AI Solves the Unstructured Data Problem in Property & Casualty Insurance July 15, 2021 by adamdev From claims processing to underwriting, the property & casualty insurance business is driven by documents, the vast majority of them of the unstructured variety. Companies that find ways to automate processing of property & casualty insurance documents can transform their businesses and get a leg up on the competition, including insuretech startups. To date insurance […] Read more Ā»
Insurance Intelligent Process Automation Robotic Process Automation Beyond RPA: 3 Keys to Scaling Document Process Automation Enterprise-Wide April 12, 2021 by adamdev Almost every customer and prospect we talk with has solved a few use cases with robotic process automation (RPA) or a similar technology and now wants more. Theyāve had a taste of the benefits and now want to scale automation enterprise-wide. In this post, weāll share a few secrets for getting there, including one big […] Read more Ā»
Insurance Intelligent Process Automation Use Case How Intelligent Automation Helps Insurers Implement AI-driven Fraud Detection March 16, 2021 by adamdev As insurance companies seek to apply artificial intelligence technology, one precise application is detecting fraudulent claims. But training AI models to detect fraud requires data ā lots and lots of data. Insurance companies typically have much of the data they need in-house ā and applying intelligent document processing gets it in a format that AI […] Read more Ā» Automated fraud detection Automated insurance fraud detection Intelligent automation Intelligent document processing Intelligent process automation machine learning natural language processing optical character recognition robotic process automation transfer learning unstructured content
Insurance Intelligent Process Automation Use Case The Best Way to Automate ACORD Form Processing: Intelligent AutomationĀ February 22, 2021 by adamdev The insurance industry is awash in documents of various types, but one category stands out: ACORD forms. Any insurance company that succeeds in implementing intelligent document processing for ACORD forms will be ahead of the game. But companies that automate ACORD form processing along with other types of unstructured content āĀ well, theyād be dominating the […] Read more Ā» acord forms insurance insurance form automation Intelligent automation
Insurance Intelligent Process Automation Reduce P&C Insurance Underwriting Risk with Intelligent Automation January 12, 2021 by adamdev Insurance companies have sought to automate the underwriting processes involved in issuing property and casualty policies. For a good reason: effective document underwriting can mean the difference between profit and loss. Looking at data covering three decades, researchers at McKinsey found operating results have the most significant impact on a commercial property and casualty insurer’s […] Read more Ā» insurance property and casualty underwriting automation
Artificial Intelligence Insurance Intelligent Process Automation Use Case How Intelligent Automation Helps Insurers Streamline Enrollment Processes November 19, 2020 by adamdev Getting new clients is a good thing, but for insurance companies it also creates a challenge: processing all the required documents. To date, itās been a largely manual process that for large insurers can easily involve 15 million documents per year, making it a ripe target for intelligent document processing technology. Think about a large […] Read more Ā»
