How to unlock data to improve outcomes along the insurance policy life cycle

Eigen enables its clients to extract answers quickly and precisely from their documents, so they can better manage risk, scale operations, transform ways of working and navigate dynamic environments. Eigen’s customizable no-code AI-powered platform uses machine learning, natural language processing and object detection to automate the extraction of answers from documents and datasets and can be applied to a wide variety of use cases. It understands context and has proven to be more flexible, accurate and secure with better connectivity and a far faster time to value than alternate solutions. Our clients include some of the most well-known and respected names in business, including Goldman Sachs, ING, Hiscox, BlackRock and Allen & Overy. Almost half of all global systemically important banks use Eigen to overcome their data challenges.

In this article we take a closer look at…

  • Introduction to the value of data to insurance companies.
  • Extracting and connecting the value of the policy life cycle.
  • Policy life cycle with a focus on new business and underwriting, policy administration and portfolio management.
  • Getting the right data and the data right with NLP platforms and machine learning.
  • The “3 levers”.
  • Closing Case.

Download now to learn more about the advantages of unlocking data, insurance policy lifecycles and how to digitize policies and other insurance documents to drive better outcomes across your business.

Eigen Technologies

Share content on email