... but not all submissions are winnable, and the team has limited capacity to review every submission that comes in
... but outsourcing to third parties means you’re giving up control over data quality and turnaround times.
... but it cannot handle hard or unstructured documents, and removing your experts from the process increases risk.
Commercial P&C submissions are complex. Augmenting your team (rather than automating) minimizes risk, ensures 100% data quality and provides quicker results for your business -even for specialty products with unstructured supplemental documents.
SortSpoke is a best-in-class data extraction solution, which enables smarter and better quality triage so that your team can focus on on-appetite risk submissions, resulting in higher premium growth.
SortSpoke is one of the quickest AI solutions to implement. Built with business users in mind, it’s easy to learn, set up, use and maintain –even when documents, team members or anything else changes.
Boost to team capacity
without adding staff
Process incoming documents faster
than doing them manually
Data quality by keeping your
experts in the loop
SortSpoke brought the right combination of people, processes and technology. They were easy to work with and our productivity increased considerably with the SortSpoke system.
The addition of SortSpoke into the mix was key. With hundreds of clients, each with their variations and formats of documents for us to intake, using traditional OCR techniques to get at the data would have taken us years to do. With SortSpoke, we could speed up the development process and take on a broader range of formats that we could automate.
Insurers are implementing Intelligent Document Processing (IDP) to speed up their underwriting and claims workflows.
Determine whether implementing AI technology can help solve any underwriting challenges and generate ROI for your organization.