Affinda is trusted by some of the world's leading organisations
Want to try
the free tool?
How does our document AI platform enhance insurance policy administration?
Insurance policy administration involves handling a wide variety of documents, from application forms to policy declarations and claims reports. Our Artificial Intelligence (AI) Optical Character Recognition (OCR) technology can transform this administrative task by automating the extraction of essential data from these documents. AI OCR ensures that all pertinent information, such as policyholder details, coverage terms, and claim histories, is accurately captured and easily accessible. This automation significantly reduces the manual labor involved, improving processing times and reducing the risk of errors. It also ensures that information is organised and integrated seamlessly into insurance management systems, facilitating better policy administration and customer service.
Consider an insurance company managing thousands of policy renewals and claims. Manually reviewing and updating each policy or processing claims would be labor-intensive and error-prone. By using an AI-powered OCR parser and data extractor, the company can automate the extraction of necessary data from policy documents and claim forms. The technology efficiently scans the documents and retrieves relevant information, such as policy expiry dates, coverage limits, and claim amounts. This allows the company to expedite renewals, process claims faster, and maintain accurate records, ultimately enhancing customer satisfaction and operational efficiency.
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
Export the 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 parser 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
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 parsing, analysis and management, quickly transforming unstructured data into actionable insights. This boosts productivity and accelerates decision-making, driving business growth.
Innovative features that set us apart from the rest.
Superior accuracy
Over 20+ 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
Case Studies
Learn how other businesses are using our parsing solutions.
-min.png)
Accounts Payable: Acume improve AP and AR workflows with AI
