Watch one of our insurance customers, Insurica, explain the benefits of using OpenBots.
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Transforming Policy Analysis: Seamless Data Extraction from Insurance Policies with OpenBots
OpenBots empowers insurance providers to accelerate policy analysis and decision-making through intelligent, real-time data extraction.
Watch one of our insurance customers, Insurica, explain the benefits of using OpenBots.
Automate Repetitive Manual Insurance Labor and Tedious Operational Tasks
With a focus on seamless integration, OpenBots works in conjunction with your existing systems. In seconds, effortlessly extract vital policy details like policyholder names, premium rates, and coverage specifics from complex, multi-page documents.
This high-speed, accurate data extraction not only streamlines internal processes but also enhances customer satisfaction by expediting policy issuance and claims processing.
Discover how OpenBots redefines efficiency in the insurance industry, freeing you to focus on what matters most: your customers.
Build a Digital Workforce with the First RPA Platform with Zero License.
Given the high-volume and repetitive nature of many insurance processes, Robotic Process Automation (RPA) is an ideal solution to help insurance companies enhance productivity and reduce operational costs while improving business efficiency.
Insurance companies have no shortage of automatable processes within their operations, however, they used to be limited to only automating a few because commercial RPA Software licensing is so costly.
To solve for this, OpenBots eliminated the cost on all bot licensing. With zero cost bot licensing there is no barrier to entry and organizations can scale quickly and elastically without concern for budget constraints.
Discover Which Insurance Processes Can Be Automated
Download the e-Book and discover how can you identify automation opportunities in your company.
Discover Which Insurance Processes Can Be Automated
Download the e-Book and discover how can you identify automation opportunities in your company.
Automate Repetitive Manual Insurance Labor
and Tedious Operational Tasks
AI-Powered Document Understanding
With a focus on seamless integration, OpenBots works in conjunction with your existing systems. In seconds, effortlessly extract vital policy details like policyholder names, premium rates, and coverage specifics from complex, multi-page documents.
This high-speed, accurate data extraction not only streamlines internal processes but also enhances customer satisfaction by expediting policy issuance and claims processing.
Discover how OpenBots redefines efficiency in the insurance industry, freeing you to focus on what matters most: your customers.
Build a Digital Workforce with the First RPA Platform with Zero License.
Given the high-volume and repetitive nature of many insurance processes, Robotic Process Automation (RPA) is an ideal solution to help insurance companies enhance productivity and reduce operational costs while improving business efficiency.
Insurance companies have no shortage of automatable processes within their operations, however, they used to be limited to only automating a few because commercial RPA Software licensing is so costly.
To solve for this, OpenBots eliminated the cost on all bot licensing. With zero cost bot licensing there is no barrier to entry and organizations can scale quickly and elastically without concern for budget constraints.
Watch a demo of our Intelligent Document Processing App with GPT.
Watch a demo of our Intelligent Document Processing App with GPT.
OpenBots 2.1 allows you to instantly classify, read, and extract data with over 95% accuracy.
- Eliminate human error and validate all data before it enters ACORD and any of your systems.
- Extract data, analyze documents and eliminate hours of tedious manual labor.
- Business teams can use Entity Explorer and Timelines to analyze data accurately.
- Easily connect document data into your automation workflow and integrate all your systems.
License-free RPA Can Streamline a Variety of Operational Insurance Processes
- Form Registration
- Policy Cancellation
- Channel Management and Customer Acquisition
- Claims Registration and Processing
- Customer Complaints
- Underwriting
- Generating Follow-Up Alerts
- Onboarding
- Updating and Verifying Customer Data
- Retrieving Policyholder Data from Various Sources
See How An Automation for Processing Insurance Claims Looks
Many processes within the insurance industry rely upon both legacy systems and newer applications and technologies.
From underwriting to billing, from risk management to policy administration, automation can streamline these processes for higher employee output and improved policyholder experience.
How Intelligent Automation Worked For Accounts Receivable Process
A Global Insurance Company is made up of 100’s of insurance brokers that act as agents for their respective insurance clients.
The company had an internal team of accounting employees currently spending a portion of their day dedicated to checking through every policy broker’s accounts and portfolio of corresponding invoices to see if any of their payments are overdue.
