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Being able to respond first with an appropriate quote— and ultimately win the business—requires the ability to process underwriting submissions quickly and efficiently.
In order to process quotes appropriately, teams must manually review the submission package in order to extract and then enter the relevant data needed to process quotes appropriately. Furthermore, the volume spikes due to seasonal and regulatory changes makes it even more difficult to keep the submission intake process fast and efficient.
Expert.ai solutions use natural language processing AI to automatically read documents, identify the required data and extract data fields across multiple documents with better accuracy than humans can.
Download this datasheet to find out how we support you by:
- Automatically reading emails and attachments in submission packages
- Prioritizing and routing submissions to underwriters based on renewals, leads, or endorsements
- Classifying documents by type, extraction approach, and privacy requirements
- Extracting data from free text and form fields
- Normalizing formats and augmenting data to meet the requirements of your systems
- Integrating your required data into the decisioning system
- Validating via rules that submissions are complete and correct
- Automatically routing requests to brokers for missing info