Transform the submission process by unlocking data trapped in messy and unstructured loss runs, exposure schedules, and submission documents. Reduce error rate, decrease handling times, and increase the capacity of underwriters.
Automate submissions packets
Reduce quotation timesEnable underwriters to price faster from weeks and days to mere hours
Scale growth without costsIncrease the number of submissions underwriters can handle without having to hire more.
Price more accuratelyReduce input errors that lead to incorrect pricing or longer processing times
Detect missing documentsDigitize documents and classify their type upfront, enabling you to inform customers of anything missing
Split document packetsSubmissions are lengthy documents. Split concatenated documents that are submitted in a single packet into separate component parts, and classify by type.
Extract informationSubmission documents such as loss runs and exposure schedules are highly variable and can be of low quality. Automatically extract required key fields without being restricted to templates.
Value at stake for US Insurers
Halveaverage time to extract loss data
50%increase in potential capacity of underwriters