Insurance automation
Streamline workflows with intelligent insurance automation
Turn your documents into insights that drive your business processes forward
The insurance industry is document driven, but few insurers have fully automated their handling of essential documents. This slows down quoting, underwriting, and other processes, hampering productivity and negatively impacting customer experiences.
ABBYY changes things. Our purpose-built AI solutions automate and dramatically speed up document processing, for greater operational efficiency. We also unlock the valuable information within your documents for seamless data flow and faster, smarter decision-making.
Accelerate insurance automation with the power of AI
Speed up data processing
Fuel your systems with process-ready data
Monitor process performance in real time
Meet regulatory requirements
Optimize your workflows with precision
Solution Brief
Identity Proofing and Affirmation for Insurance
Stop insurance fraud and improve customer experiences with our secure, AI-powered identity proofing.
Use Case
Claims Management: Document Handling
Get complete visibility and control over your claims processes with ABBYY. Speed up your time-to-close, reduce errors, and boost customer satisfaction.
Solution Brief
Claims First Notice of Loss (FNOL) and Assessment
Say goodbye to chaotic claims intake. Our solution streamlines the reporting and assessment process, bringing clarity and speed to every step.
Use Case
Claims Management: Document Handling
Get complete visibility and control over your claims processes with ABBYY. Speed up your time-to-close, reduce errors, and boost customer satisfaction.
Solution Brief
Claims First Notice of Loss (FNOL) and Assessment
Say goodbye to chaotic claims intake. Our solution streamlines the reporting and assessment process, bringing clarity and speed to every step.
Automation in insurance—use cases
Document capture
Automatically capture and process documents for any insurance process, including onboarding, underwriting, policy analysis, reinsurance, claims, and subrogation.
Document conversion
Searchable digital archive
High-volume document processing
Smarter automation
Process intelligence
Process documents quickly and accurately with intelligent document processing
Core AI skills to process any document
Pre-built, quick-start solutions
No- or low-code skill customization
Improve accuracy with continuous learning
Ecclesia Group speeds up claims handling
manual data entry
significantly increased
document processing times
“We chose ABBYY for its accuracy. The outstanding personal support and strong commitment from ABBYY employees further convinced us; they understood our needs and responded promptly.”
eBook
Reduce the Risk of Insurance Fraud While Exceeding Customer Expectations
Discover how our AI-powered solutions can streamline onboarding without sacrificing security.
eBook
How Well Does Your Policy Administration Lifecycle Perform?
Don’t let your technology investments fall flat. Learn how to gain complete visibility and make data-driven decisions that optimize efficiency and customer satisfaction.
Blog
Insurance Modernization: Collaboration, Experimentation, and Innovating for Success
Get the six essential strategies for shaping the future of insurance and achieving your business goals with AI and automation.
eBook
Reduce the Risk of Insurance Fraud While Exceeding Customer Expectations
Discover how our AI-powered solutions can streamline onboarding without sacrificing security.
eBook
How Well Does Your Policy Administration Lifecycle Perform?
Don’t let your technology investments fall flat. Learn how to gain complete visibility and make data-driven decisions that optimize efficiency and customer satisfaction.
Blog
Insurance Modernization: Collaboration, Experimentation, and Innovating for Success
Get the six essential strategies for shaping the future of insurance and achieving your business goals with AI and automation.
Frequently asked questions (FAQs)
What is insurance automation?
How does intelligent automation in insurance work?
Intelligent automation (IA) brings a whole new level of efficiency to insurance by combining the power of robotic process automation (RPA) with artificial intelligence (AI) technologies like machine learning and natural language processing.
A key component of IA, for example, is intelligent document processing (IDP), which uses AI to read and extract the important details from documents like claims forms or policy applications, saving your team countless hours of manual data entry and freeing them up for more meaningful work. IA also gives you insight into your workflows, revealing hidden bottlenecks and inefficiencies through process intelligence so you can continuously optimize the way you do business.
By leveraging these and other powerful technologies, insurers can not only streamline their current operations for greater efficiency and accuracy but also adapt quickly to changing regulations and customer needs.
What insurance processing challenges does intelligent automation solve?
Intelligent automation helps insurers tackle some of their most pressing challenges, including:
- Navigating slow and outdated processes for quoting, underwriting, onboarding, and handling claims
- Identifying the right processes for automation
- Uncovering the root causes of process inefficiencies
- Maximizing ROI on existing RPA investments
- Consistently meeting customer service and operational goals
- Keeping up with changing regulations around documents
How is RPA used in insurance automation?
Insurance automation makes RPA robots more effective by giving them the skills to understand and work with document content intelligently. Insurers also gain the capabilities to:
- Discover the most effective areas to apply automation
- Understand the limits of—and improve on—existing RPA capabilities
- Upskill RPA robots to tackle more complex cognitive tasks
What intelligent automation capabilities are used in insurance automation?
Intelligent automation empowers insurance processes with advanced, AI-driven capabilities such as:
- Process intelligence: Reveals bottlenecks, redundancies, missing data, and automation effectiveness
- Intelligent document processing (IDP): Enables AI-based tools to read, understand, and extract key information from documents like a human.
- Intelligent process automation (IPA) : Combines AI technologies with automation tools like RPA, enabling real-time responses to customers and business needs.
- Data capture: Brings together natural language processing (NLP), machine learning, and advanced recognition capabilities to accurately capture data from any document, regardless of type or size.
- Document conversion capabilities: Transforms document scans and visual images into searchable, editable formats like PDF, Word, or Excel.
Request a demo today!
Schedule a demo and see how ABBYY intelligent automation can transform the way you work—forever.