Reduce underwriting risk by uncovering all the information necessary for writing a new policy even when it’s fragmented across several different documents.
Adhering to complex regulations can be tricky. Boost policy compliance rates by easily and validating policies against all relevant rules and regulations.
Stay one step ahead of sophisticated insurance fraud by easily identifying all the telltale signs in your structured and unstructured claims documents.
How insurance companies are using the
Document Copilot
Insurance companies are using the Document Copilot to streamline claims processing and claims validation by ingesting and extracting vital information from claim-related docs such as emails, forms, assessments, photos and more.
The Document Copilot is helping assess underwriting risk by extracting relevant insights from all supporting documents, letting underwriters ‘converse’ with those documents to develop a risk score.
By comparing policies against government regulations and internal rules, surfacing exceptions and violations, and generating policy scores, the Document Copilot triggers any non-compliant policy at source.
Fraud detection teams are now able to quickly examine claims submissions for structural inconsistencies, suspicious patterns, image manipulation, duplicate claims and more using the Document Copilot - and ensure the integrity of the claims process.
The Document Copilot works with other insurance software vendors such as Guidewire, Duck Creek, Majesco and Insurity. This allows workflows to be infused with the power of Generative AI and it enables effortless flow of data across systems.