Insurance Intelligent Intake Unstructured Unlocked The imperative of data in decision-making in insurance with Tom Wilde and Robin Merttens April 25, 2024 by adamdev The insurance industry is on the verge of a major transformation in the age of technology and data. In episode 44 of the Unstructured Unlocked podcast, InsTech’s Robin Merttens talks about this shift with Tom Wilde, CEO of Indico. In this conversation, they discuss the role of automation in streamlining insurance claims processing and underwriting […] Read more »
Artificial Intelligence Insurance Intelligent Intake Leveraging LLMs and automation in insurance: A webinar recap March 14, 2024 by adamdev We recently hosted a webinar titled “How Carriers Are Leveraging LLMs and Automation to Drive Better Decisions,” featuring industry experts Alex Taylor from QBE Ventures and Art Borden from Everest and moderated by Tom Wilde, CEO of Indico. The session delved into the transformative impact of large language models (LLMs) and automation on the insurance […] Read more »
Intelligent Intake How to understand your data’s love language with intelligent intake February 14, 2024 by adamdev Love is in the air, and at Indico, we’re celebrating Valentine’s Day by empowering business leaders to fall back in love with their data and the ability to access that data to make accurate decisions faster with the power of intelligent intake. Understanding the language of data Data speaks its own language; sometimes […] Read more »
Intelligent Intake Taking the next step in the unstructured data automation journey: intelligent analytics February 6, 2024 by adamdev In past blog posts we’ve mentioned how intelligent intake solutions can unlock valuable insights that were previously trapped in unstructured data formats. Such data mining, however, was largely a secondary benefit to how intelligent intake helps companies process incoming unstructured documents more quickly, such as to automate insurance claims and underwriting processes. Now those data […] Read more »
Insurance Intelligent Document Processing Intelligent Intake How to harness the potential of intelligent document processing for insurance February 1, 2024 by adamdev In the age of digital transformation, Intelligent Document Processing (IDP) is a game-changer, particularly revolutionizing the insurance industry. Insurance companies of all kinds such as Commercial P&C Carriers, Reinsurance Carriers, Managing General Agents, Third-Party Administrators, and Life Insurance Carriers are finding invaluable use cases for intelligent document processing to manage a range of documents, from […] Read more »
Artificial Intelligence Insurance Claims Insurance Underwriting Intelligent Intake And that’s a wrap! Indico Data’s 2023 in review January 18, 2024 by adamdev As we bid farewell to 2023, it’s time to reflect on a year that’s been nothing short of extraordinary for Indico Data. It’s been a whirlwind of stellar events, humbling awards, and insightful conversations. Let’s take a moment to walk back through the exciting journey of this past year, filled with achievements that have not […] Read more »
Insurance Intelligent Intake Intelligent Process Automation Addressing the speed vs. accuracy dilemma in insurance process automation January 10, 2024 by adamdev As insurance companies well know, automating claims and underwriting processes typically involves a trade-off between speed and accuracy. But advances in artificial intelligence-based automation platforms continue to change the equation, helping insurers process claims faster and reduce underwriting leakage. We’ve written about the speed vs. accuracy dilemma before and pointed out how intelligent intake platforms […] Read more »
Artificial Intelligence Intelligent Intake A sure fix for a vexing insurance automation problem: importing data from table December 21, 2023 by adamdev One of the challenges with automating insurance document intake processes is dealing with data that’s in tabular form, including spreadsheets, invoices, and the like. But help is on the way, as the latest artificial intelligence large language models are surmounting the challenge. There’s a (relatively) old saying in the artificial intelligence world, “There’s no such […] Read more »
Artificial Intelligence GPT Intelligent Intake Simpler labeling means faster time to value for insurance intelligent automation models December 6, 2023 by adamdev One of the issues insurance companies face with artificial intelligence is accurately labeling data to create effective automation models. But help is arriving in the form of AI large language models trained on so much data that they’re getting bigger and smarter. Let’s look at the traditional way of creating automation models, then dive into […] Read more »
Artificial Intelligence Intelligent Intake Unleashing efficiency: AI-powered document intake for managing general agents November 21, 2023 by adamdev With varied and complex sets of documents and constituencies to deal with, managing general agents (MGAs) may well be the poster child for the need for automation in insurance. MGAs offer a diverse product set to many different insurance carriers, forcing them to take in a wide variety of documents. That means dealing with many […] Read more »
