Risk evaluation made simpler. Standardize the Underwriting process with Botminds AIRequest a Demo
Analysing the risks throughly by reading all submitted documents is a tedious job for underwriters. Risk evaluation is completely subjective and depends on the underwriter's analysis and understanding of the case. Auditing is broken with information used for decisions are not linked with actual source documents. Asking for more supporting documents and searching for more information to do right underwriting is fraught with lack of standardization. With huge amount of policies to be underwritten it needs an automation solution to scale non-linealy and also to ride over the challenges of seasonality in volume. Be it medical history of a patient or business performance of an organization the challenges in underwriting remains the same.
Botminds AI augments underwriters with automatic highlighting of risks hidden anywhere in the documents. In addition to extraction of key information Botminds AI suggests the risks associated with the information submitted, by this brings much needed standardization in underwriting. Continuously learning from the subject matter experts Botminds AI learns the domain knowledge that goes behind in some crucial decisions. Data entry needed for recording and auditing happens as a straight through processing. Every data & every decision is always provided with deep linking to the original source document and hence traceability. With Bots powered by SMEs intelligence, your underwriting process can be scaled in one click. Create Underwriting Bots specific to your domain for your document types in days. Bring 10X efficiency in your risk underwriting with Botminds AI
Remove fear of missing some crucial risks and eliminate the worry of manual errors due to negligence
Standardize the underwriting process with AI highlighting the risks and next course of action
Shrink hours spent on reading documents for manual risk evaluation & underwriting
Risk evaluation bot for any domain or document type. Botminds AI can learn fast.
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