Are you looking to solve the problem of manually processing documents across various enterprise operations, including
Underwriting, Claims, and Regulatory Compliance?
Above mentioned processes in your organization and other operations in your organization are manually intensive due to variety of incoming documents in emails or mails containing structured and unstructured data including handwritten notes.
Underwriting
Tired of manually handling complex broker submissions and Underwriting marred by inefficiencies?
Time to switch to lightning-fast, efficient, and profitable Underwriting
Streamline your underwriting tasks, freeing up time for critical decision-making
Fostering relationships with brokers and customers
Claims
Effective management of 'First Notice of Loss' (FNOL) is impeded by delays and errors from due to manual intake containing structured and unstructured data, causing sub-par customer experiences and elevated costs for claim settlements.
Ensures automatic FNOL intake round the clock
Streamline claims process to reduce claim settlement time and costs
Achieve greater customer satisfaction
Regulatory Compliance
Intelligent Document Intake Solution automates daily monitoring of bureau email notifications, downloading and extracting circular contents.
Automates monitoring, downloading, extracting, and decisioning
Circulars triaging and assignment
Automatic work item creation for circular implementation
Tracking circulars to closure
Let it move into transformation gear to best utilize the precious time of your key personnel in underwriting, claims, compliance and other core, non-core operations
Take the first step to transformation
Switch your operations' efficiency into top gear
How Does It Work?
The solution leverages AI/ML includnig GenAI and automate your documents processing
How You Benefit?
Accelerated Processes
Explore
Utilizing real-time monitoring and automatic data extractions results in swift responses for submissions, claims notifications, and associated tasks, accelerating key processes (with 99% accuracy).
Precision and Error Mitigation
Explore
Elimination of redundant manual data entry enhances data quality and diminishes the probability of errors in policy creation, claims assessment, and other critical processes.
Cost Effective Operations
Explore
Implementing No-Touch processing for straightforward submissions and claims allows underwriters and claims adjusters to concentrate on more intricate and strategic tasks. This enhances overall operational efficiency and cost-effectiveness.
Data Analytics and insights
Explore
Facilitating improved risk assessment and management enables well-informed decisions regarding policies and claims. Additionally, it provides valuable insights into customer behaviour, trends, and performance metrics
Exemplary Customer Experience
Explore
A swifter turnaround time for policy quotes and claim notifications, coupled with more consistent communication, contributes to a superior customer experience.
Global insurer uses AI to automate broker submissions and accelerate revenue growth
Top insurer digitalizes underwriting and accelerates quote issuance
Customer Speak
“Birlasoft's contribution to the insurance industry has been phenomenal and we are happy to have them as partners in this journey. Currently, we have been collaborating with Birlasoft on a Submission Automation Portal which will not only help achieve excellence in underwriting operations, but propel a paradigm shift towards providing seamless service to our customers.”