Indico Data releases industry-first large language model benchmark for document understanding tasks
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  Everest Group IDP
             PEAK Matrix® 2022  
Indico Named as Major Contender and Star Performer in Everest Group's PEAK Matrix® for Intelligent Document Processing (IDP)
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Driving profitable growth by driving better outcomes through better intake

Improve efficiency, combined ratios, and capacity by automating document intake workflows such as claims processing, underwriting efficiency, and more.

The combined and loss ratios for any global insurance company are extremely important metrics. Improving these metrics relies upon reducing leakage and responding to a quote quickly when it comes to underwriting, or quickly resolving a claim and ensuring a positive customer experience. For example by automating the claims intake process, carriers are able to:

  • Realize faster time to resolution, which will positively impact both loss and combined ratios.
  • Reduce manual work, reduce costly errors and improve response times, resulting in an improved combined ratio.
  • Identify fraud and outlier cases through accurate data ingestion, leading to improved analytics capabilities.

A partnership with Indico Data can enable carriers to make better and faster decisions with timely and accurate data from automated document intake processes. Ultimately, Indico decreases the intake processing time from days to hours – with higher accuracy than manual labor. This allows you to focus on what matters most and deliver measurable results. 

Bob Parker

Senior Enterprise Account Executive, Indico Data

If you’d like to further explore what a partnership with Indico would look like, feel free to book a meeting with me.

I look forward to hearing from you. Thanks!

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