Use AI to eliminate manual processes involving unstructured documents. Unstract automates data extraction from documents of any type, format, and complexity. Underwriters can now verify and assess risk faster and more accurately.
BENEFITS
Reducing the manual activities in the underwriting process enables faster time to risk assessment and approvals.
Better accuracy in the data extraction helps flag potential risks, which improves underwriting decisions.
Reducing human-in-loop touchpoints helps reduce turnaround time and improve insurance approval rates.
Unstract helps ensure that the extracted data adheres to established compliance standards and legal requirements.
Shortened approval cycles, reduced manual intervention, and improved predictability in scaling help cut costs and improve profits.
Extracting relevant data that is always trustworthy and predictable helps underwriters to make confident decisions.
INTEGRATE IN MINUTES
Seamlessly integrate your unstructured document workflows with Unstract’s ETL Pipelines and APIs. Enable underwriters to have relevant and accurate access to information at all times.
Ingest insurance documents from any source or even multiple sources — Dropbox, S3 Object Storage, data lakes and more. Handle large volumes of data of any format, form, and type seamlessly. Scaling processes and flexibly handling any document use case should never be your problem any more.
Underwriting documents can be complex: varying formats, encodings, scans of images, numbered sections, and complex tables. Unstract leverages AI to understand, process, and extract data with high accuracy levels and outputs in both human and machine-readable formats.
Unstract enables you to trust the data extracted from the documents by assigning confidence scores. Metrics related to correctness, relevance, and toxicity help you decide how to consume data in downstream systems.
In goes underwriting documents and out comes beautifully structured JSON or a downloadable Excel file format. The extracted data can be readily consumed across custom applications, stored in data warehouses or send it to your reporting and analytics tools.
Unstract is built to seamlessly integrate with your existing infrastructure, underwriting workflows, and team structure.
INSURANCE AUTOMATION USE CASES
Unstract helps improve operational efficiency by automating critical insurance workflows in claims processing and underwriting. Unstract easily integrates and scales with your present infrastructure and insurance workflows.
No more time-consuming manual data retrieval. Improve insurance resolution time by automating claims document processing.
Unstract enables critical data retrieval at high accuracy. This enables insurers to make faster underwriting decisions at scale.
Unstract’s intelligent document processing helps insurers build models to detect anomalies and flag fraudulent claims.
Reduce turnaround times and improve document processing accuracy for faster and more efficient straight-through processing.
Learn how Unstract’s AI-powered insurance triaging automation helps improve accuracy, reduce claims leakages, and improve profitability.
No more unscalable, manual and error-prone commission management that takes more resources, effort, and time.
Unstract adheres to the strict rules and regulations of various compliance authorities. Rest assured, we have policies, systems, and processes to ensure that your data is always safe, secure, and private
