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Prioritize highest value opportunities
Unify and streamline decisioning data flow
Interpret data quickly and accurately
Reduce decision risk with Human-AI collaboration
Prioritize highest value opportunities
Unify and streamline decisioning data flow
Interpret data quickly and accurately
Reduce decision risk with Human-AI collaboration
Get the fastest
speed to quote
Prioritize highest
value opportunities
Unify and streamline
decisioning data flow
Reduce decision
risk
The insurance sector, once dominated by labor-intensive processes and legacy systems, is now on the verge of a new era defined by rapid technological advancements, particularly in artificial intelligence (AI). As AI continues to mature, its ability to revolutionize insurance operations, from underwriting to claims management, is undeniable. This shift marks the "Decision Era," where technology empowers insurers to make faster, smarter, and more informed decisions throughout the policy lifecycle.
Over the past few decades, enterprises have invested heavily in robust data strategies. However, in the Decision Era, having a data strategy is no longer enough. Insurers must shift focus from merely collecting data to using it for effective decision-making. The challenge now is to transform raw data into actionable insights that drive more precise, efficient decisions. This shift requires a supply chain mindset, where data moves through various stages to become valuable decisioning insights. Insurers that can leverage real-time data for decision-making will enhance both customer experiences and business outcomes.
AI is no longer limited to simple automation—it can now process unstructured data, interpret complex patterns, and provide insights that augment human expertise. This transition is not about replacing human judgment but enhancing it. AI empowers underwriters, claims adjusters, and risk assessors to make better decisions more efficiently while retaining the expertise critical to the insurance process.
As technology has evolved, so has the insurance industry. We moved from the Software Era, where software revolutionized operations, to the Cloud Era, enabling better data storage and scalability. In the Data Era, companies began using data for insights. Now, in the Decision Era, AI-enhanced decision-making is essential for insurers to stay competitive. Embracing AI can unlock new efficiencies, improve accuracy, and reduce risks, allowing insurers to focus on delivering value, managing risk effectively, and optimizing growth.
However, insurers that fail to adapt risk falling behind. Relying on outdated systems and manual processes will make it difficult to compete with the speed and precision AI offers. These companies will face slower decision times, higher operational costs, and challenges in meeting evolving customer expectations. Failure to embrace AI-enhanced decisioning could result in lost market share, diminished profitability, and ineffective risk management. In an industry defined by real-time insights and innovation, insurers that don’t adapt will struggle to compete.
The question is: How will you respond?
Indico Data's Decision Automation Platform powers insurance with real-time, actionable insights from unstructured data—fueling smarter risk assessment, sharper claims evaluation, and streamlined policy management.
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Our solutions set the standard in data intake and analysis and will help you revolutionize how you make decisions.
Experience the difference that only Indico Data can offer.
Process all data and all use cases across underwriting, claims and policy servicing
Indico Data's AI-powered platform covers the entire insurance value chain, handling all data types and scaling with carriers to deliver faster decisions and deeper insights across all use cases.
Partner for proven success
across your
entire business
Indico Data drives real value for insurance carriers, acting as a strategic partner with a 97% implementation success rate—nearly 5x the industry average—ensuring seamless integration into core systems and long-term value.
Trust the most
recognized experts in
AI for insurance
Indico Data, the only IDP solution recognized as a leader by all four major analyst groups, leads in AI with over a decade of experience and patented technologies, excelling in complex use cases like table extraction where competitors fall short.
Indico Data awarded top honors in Everest Group’s 2024 Intelligent Document Processing (IDP) PEAK Matrix®, excelling as both a leader in the IDP market as well as the top position in the insurance-specific market assessment highlighting company’s significant progress and ongoing innovation.
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Improve underwriting profitability and quote turnaround times with our hybrid AI that removes the need for manual data ingestion, consolidates data and prioritizes the highest value submissions.
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Exceed customer expectations and improve loss ratios with our hybrid AI that ingests, classifies and normalizes all key data.
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Reduce time and resources spent on administrative tasks while improving customer experience with Ai that ingests, classifies and normalizes all key data.
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Transform your submissions intake processes with our AI-driven capabilities. Automate the unbundling, classification, and extraction of key data points to streamline workflows, reduce manual errors, and accelerate time to quote.
Accelerate and enhance critical enterprise decisioning processes with Agentic AI. Compile, interrogate and validate all submissions data and get tailored suggestions for next steps based on decision criteria.
Legacy intake solutions have forced companies to choose between speed and accuracy, weighing risk versus revenue. With Indico Data, now you don’t have to compromise. Our award-winning intelligent document processing solution gives commercial insurers the best of all worlds, enabling data-driven decision-making, with unparalleled speed, at enterprise scale.
See how it worksIndico Data has pioneered the use of multimodal LLMs in the enterprise. We were the first company to deploy a secure LLM behind an enterprise firewall and have a 97% success rate of getting customers into production.
With integrated model performance metrics and the industry's first model explainability suite, your models are safe against bias, overfitting and hallucinations.
Indico’s comprehensive security approach including certifications and private tenant deployment with customer data encryption ensure no data leakage
by design.
Indico scales horizontally across lines of business and vertically across intake volumes while delivering a 99.99 SLA for high uptime requirements.
Indico’s unique technology advantage addressing unstructured data combined with their business-first application experience enables us to solve a breadth of use cases that we previously had been unable to automate.
We’ve identified almost $100 million in hard value, hard dollar savings, that we can quite easily achieve over the next three to four years using unstructured data digitization and analytics tools. That just headlines how impactful this is.
In the context of unstructured data, the 'learnability' part of the solution is one of the most important features, otherwise, we are back to the old template-based approach because you have to go back and retrain for each change.
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