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
Intelligent Process Automation Use Case How Intelligent Document Processing Helps Automate Auto Insurance Claims Processes February 1, 2021 by adamdev While insurers are interested in automating insurance processes of all kinds, the auto insurance claims process may be furthest along mainly due to the technology built into most cars today. Using telematics data from cars, insurance companies can now offer policies that take into account a clientās driving habits, including how many miles they drive, […] Read more Ā» insurance Intelligent document processing P&C Insurance
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
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
