Every day, insurance companies are faced with massive amounts of data. The process is manual and time-consuming. Repetition of the same routine tasks repeatedly hinders human concentration, resulting in errors and creating serious inconsistencies in company records. Automating the processes, on the other hand, excels in this aspect.
At Botminds, we leverage the power of AI to comprehend your document understanding and process automation.
Botminds AI automates the review and claims process breezy by using document AI, enabling your team to overcome tedious boring manual tasks.
Our solution uses examples from contract analysts, context, and semantics to extract the information.
With skills trained to identify red flag clauses and quantify risks at the clause level, contracts reviewers receive risk scores when a new contracts are uploaded.
Utilize Botminds AI capabilities to read the critical deadlines, analyze and assess risks and liabilities, compare sensitive information, clauses, standardize the framework of your contract reviewal system.
Migrating their legacy data into a newer system for productivity.
Keep your SMEs updated with efficient inbuilt integrations to ERP, Business Intelligence tools and other solutions according to your preference.
With Botminds workflow integration, your employees can focus their time on how to reach said goals, rather than finding ways to achieve the goal.
Find risks and opportunities sooner to make quicker, more informed business decisions.
Make decisions with the confidence that all the right data and information is assessed.
Share and retain learning and extracted intelligence to ensure a fast, informed response to changing conditions.
Successful implementation of an intelligent automation platform can be incredibly beneficial for an insurance company, potentially allowing an enterprise to achieve incredible turnaround time.
Optimize claims process review, and improve efficiency.
Achieve up to 80–90% accuracy improvement.
Being an AI first platform, your teams can build a bird eye view of all the insights.
AI-powered terms and clauses across contracts with a single search.
Optimize claims process review, and improve efficiency.
Being an AI first platform, your teams can build a bird eye view of all the insights.
Achieve up to 80–90% accuracy improvement.
AI-powered terms and clauses across contracts with a single search.
Botminds empowers entire org by bringing to the fore the data buried so far in 30000+ contracts.
Senior VP & Legal Counsel, Monotype
Thanks to Botminds, we took the subjectivity-risk out of risk analysis process and reduced the turn-around-time from 5 days to 5 hours.
L&T
Learn how Botminds Intelligent Document Process can drive ROI, reduce costs, and save time for your business.