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How do our AI document processing solutions help automate document workflows in insurance?
Artificial Intelligence (AI) has become a promising technology to increase efficiency and productivity in various fields, including the insurance industry. One of the most beneficial AI applications in this regard is the Optical Character Recognition (OCR) data extractor, which has become a valuable tool for managing insurance documents. The AI-powered OCR data extractor works by extracting data from different types of insurance documents, such as claims documents, policy documents, invoices, and receipts.
An AI-powered OCR data extractor boosts efficiency in the insurance industry by saving processing time and resources, accelerating claim handling, enhancing customer satisfaction, maintaining competitiveness, and reducing data entry errors, thereby improving data accuracy and reliability. As an example, a large insurance firm can employ an AI-powered OCR data extractor in handling claim documents. Traditionally, processing these documents involves manual entry of information into their system, which is a time-consuming and error-prone task. However, using Affinda's AI-powered OCR data extractor, the firm can scan these documents, extract required data, and automatically input it into their system. This change can drastically reduce processing time and human-associated errors, leading to quicker claim resolution for the customers and greater customer satisfaction, thus enhancing the firm's reputation.
Step 1
Upload your documents to Affinda directly to our app, or by integrating with email or document management platforms
Step 2
Our AI-powered OCR data extractor will automatically scan, extract, label and categorise the data on the documents in seconds.
Step 3
Parse the documents' data in a structured and usable format. Integrate our AI-powered OCR data extractor with any downstream system or platform to use your data where you need it most.
Step 4
Need an AI data extractor customised to your specific business needs? Our expert team can build a model tailored to your business workflows that integrates seamlessly with existing processes.
Michael Zhao
AI Product Manager | SEEK
Innovative features that set us apart from the rest.
Superior accuracy
Over 50+ fields extracted
Supports multiple file formats: PDF, JPG, PNG
Highly flexible and customisable
Supports over 56 languages
Upload and extract in bulk
Self-learning models improve over time
Seamless upstream and downstream integration
De-clutter your business processes with a solution that seamlessly consolidates a diverse range of data, reducing complexity in business workflows and promoting effortless, streamlined operations.
Leave the repetitive, menial tasks to the AI, and do what you do best - talk to real people. Resume parser, job description parser, and candidate search and match can free up hours in your work week.
Our solution delivers speed and accuracy, handling data processes in seconds and freeing your team from tiresome data input. This not only saves time, allowing focus on vital tasks, but also significantly cuts business costs.
Our solution streamlines data extraction, analysis and management, quickly transforming unstructured data into actionable insights. This boosts productivity and accelerates decision-making, driving business growth.
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