Artificial Intelligence Customer Experience Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Intake Intelligent Process Automation Machine Learning Turn data into actionable insights for smarter business decisions October 1, 2024 by adamdev From customer interactions and operational metrics to financial reports and market trends, companies are swimming in a sea of data. However, raw data alone isnāt enough to make decisions with. The real value of data lies in how itās processed and turned into actionable insights that can drive smarter, more strategic business decisions. Enter automationāa […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Underwriting Intelligent Document Processing Intelligent Process Automation Overcoming common challenges in intelligent document processing June 25, 2024 by adamdev Although implementing intelligent document processing (IDP) solutions can revolutionize how your business handles unstructured data, the process can come with some real challenges. From ensuring accuracy to flexibility and data security, overcoming IDP issues is usually no small taskābut itās certainly doable with the right approach. This article will explore the typical intelligent document processing […] Read more Ā»
Insurance Underwriting Intelligent Process Automation How underwriting process automation is shaping insurance and financing April 3, 2024 by adamdev In the world of insurance and financing, the underwriting process has traditionally been a significant aspect, known for its meticulous and manual methods. This process is vital but has often been slow and prone to errors, which can reduce productivity and affect potential earnings. Enter the concept of underwriting process automation. This innovation represents a […] Read more Ā»
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. Weāve written about the speed vs. accuracy dilemma before and pointed out how intelligent intake platforms […] Read more Ā»
Insurance Intelligent Process Automation Be more selective in underwriting by automating the insurance submission intake process December 5, 2022 by adamdev Effective underwriting is crucial to profitability for any insurance company and being selective about which policies to write is a key part of the process. Hereās a tip: achieving underwriting automation can help you dramatically expand the pool of policy submissions you have to choose from, driving more selectivity and, thus, profitability. Our conversations with […] Read more Ā»
Insurance Intelligent Process Automation 3 takeaways from Guidewire Connections and one common denominator: Insurance needs automation November 7, 2022 by adamdev By Tom Wilde From sessions and discussions at the recent insurance-focused Guidewire Connections conference, I came away with three big, related takeaways: in all the talk of digital transformation the insurance āmiddle officeā is being neglected, speed is increasingly becoming the killer attribute in insurance processes, and automation is critical to efficient scalability, maybe […] Read more Ā»
Insurance Intelligent Process Automation How to automate the insurance submissions intake process and drive new premium growth October 13, 2022 by adamdev Commercial insurance companies are in a conundrum. Due to the current economic uncertainty theyāre generating lots of new insurance submission intake requests, but canāt process them nearly fast enough to capture all the potential new business at their doorstep. What companies need is a way to automate the insurance submission process and increase underwriting profitability. […] Read more Ā»
Intelligent Process Automation Key intelligent automation skills worth keeping and developing ā even in a recession September 6, 2022 by adamdev As companies make contingency plans in case we find ourselves in a recession, they would do well to make sure they donāt sabotage long-term strategic projects such as intelligent automation by jettisoning the very people who are crucial to those efforts. Rather, times of economic uncertainty demand companies invest in technologies that can deliver a […] Read more Ā»
Intelligent Process Automation Recession fears demand a long-term view on intelligent automation projects August 22, 2022 by adamdev Anyone who is even half paying attention to the news these days has to be wondering whether or not weāre headed for a recession. Iām a data science professional, not an economist, so I canāt say for sure, but I can tell you intelligent document processing is one technology that can help you weather ā […] Read more Ā»
Center of Excellence Intelligent Process Automation Unstructured Data Unstructured Unlocked Indico data debuts āUnstructured Unlockedā podcast ā expert advice on intelligent automation July 15, 2022 by adamdev As our contribution to the never-ending process of educating stakeholders on the value of intelligent automation as it applies to unstructured data, Indico Data has launched a new podcast series. Titled āUnstructured Unlocked,ā the series will feature a rotating cast of automation and artificial intelligence experts expounding on how to get the most of intelligent […] Read more Ā»
