The traditional insurance industry has been paper-heavy. With claims weighed down by physical documents and applications bursting at the seams with legal jargon, the traditional approach results in errors and delays. Fortunately, Intelligent Document Processing for insurance is bringing us a new era of automation. IDP leverages artificial intelligence (AI) and its subsets to expedite document processing. It can automatically pull important information out of a large number of documents. These records consist of police reports, medical bills, claims forms, and applications. Modern insurance systems can directly extract information from these documents. This paves the way for reduced processing times and human errors.
Read more - The Rise of Paperless Insurance Processes: How Intelligent Document Processing is Paving the Way?
Practice Head - Insurance Technology and Services with 15 years of experience in solution delivery and project management of Software Development for Insurtech market space. Faheen is associated with
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