IDP Implementation Strategies: Transforming the Future of Insurance Operations

eBook

Intelligent Document Processing in Insurance: Use Cases

Discover the best use cases for IDP in insurance

Excel at customer satisfaction. Comply with regulations. Increase process efficiency. Insurers today have tall orders. They can no longer afford the delays and errors associated with legacy approaches to document processing. Purpose-built AI is now a must-have tool to drive process efficiency.

The data inside of insurance claims, correspondence, other documents contain a wealth of information to drive insurance processes—but only when that data is easily accessible, accurate, and able to inform action.

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This eBook shares eight impactful use cases where AI-driven intelligent document processing (IDP) is enabling our customers to achieve results like 80% reduction in manual data entry, 25% productivity increase in policy lifecycle, and 40% of incoming invoices processed automatically, including:

• Underwriting
• Policy services
• Claims management

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