Claims Automation and Insurance Underwriting
Seamless Processing of Underwriting & Claims
Drive efficiencies in your insurance underwriting process and achieve faster process implementation through automation. Text.ai from Persistent is a set of solution accelerators built to dramatically drive efficiencies in processing of paper documents. Quickly process paper documents such as application forms, KYC documents, investigation reports, and other supporting documents, and generate meaningful insights from the available data through simplified document processing.
Utilize ready models for claims management or custom-build and customize new models within weeks and use them repeatedly to build a robust underwriting and claims process for your organization.
Achieve your business results using a proven technology:
- Work on documents in multiple formats and templates
- High level of accuracy attained in Claims and other document-centric use cases that involve processing of application forms, investigation reports and supporting customer documents
- API-driven and pluggable architecture that easily integrates with policy admin or claims management systems through APIs or RPA tools
- Work with multiple OCR tools including Abby and Nuance
- Built using open source algorithms with support for feedback-based supervised learning
- Winner of the prestigious AIconics Award in 2019 for ‘Best AI Solution in Financial Services’
Contact us today to gain industry-leading underwriting capability and claims automation and to reduce errors in the end-to-end process. For more details on how Text.ai works, visit the Text.ai Solution Accelerator page.
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