IDP for insurance companies
What are the benefits of an AI-based IDP platform for the insurance industry, which document types are processed particularly frequently in this sector, and why is ExB the best choice for you in particular – you can find out all this here.
How IDP revolutionizes the insurance industry
The insurance industry is constantly faced with the challenge of having to process a huge volume of documents efficiently and accurately. From claims notifications to contract documents to customer correspondence, the need to capture information quickly and accurately is critical to the success of this industry.
In such a dynamic environment, a manual approach can not only be time consuming, but also lead to errors that impact both customer satisfaction and compliance.
Our Intelligent Document Processing (IDP) platform provides the perfect solution to this, allowing insurance companies to transform their document processing to become not only more efficient, but also more accurate and secure. In a world where data is the new gold, ExB’s AI-based software enables companies to effectively leverage this advantage. The future is golden.
Your advantages with ExB
Discover the future of document processing and benefit with ExB from a customized IDP platform that optimally meets the specific requirements of the insurance industry. Whether it’s a claim notification, insurance application, customer inquiry or contracts – discover how ExB can significantly increase the quality and efficiency of your document processing.
Accurate
Minimize human error with automated and accurate data extraction from documents.
Cost savings
Reduce operational costs through reduced manual effort and faster processes.
Scalability
Our solutions grow with your business. Process large volumes of documents without additional resources.
Compliance & Security
Ensure compliance with industry standards and protect sensitive data with advanced security features.
Integration
Seamless integration with existing systems ensures smooth workflow and improved data availability.
Automation & Efficiency
Reduce manual intervention, speed up document processing and increase your teams' productivity.
Flexibility for any use case.
Our IDP platform is not only particularly powerful, but also extremely flexible. It can handle any use case, regardless of your industry or specific requirements. Whether it’s digital or scanned paper documents, invoices, emails with attachments or PDFs – our platform handles it all.
Customized AI models for precise results
Our AI models are the result of years of research and development. They are designed to accurately extract information from any type of document. From reports to order confirmations to forms and other unstructured data, our models ensure that you always get the most accurate and relevant information to make informed business decisions.
endless possibilities.
ExB is an Intelligent Document Processing platform that transforms unstructured data from any type of document into structured results. Our AI-based software can not only extract all relevant information from your documents, but also understand them. This allows you to automate your processes and save both time & money, while improving your customer experience and employee satisfaction. Win-win.
We can process these document types for you
Optimize your processes and rely on Intelligent Document Processing with ExB. Our AI processes incoming requests as a whole, i.e. different components (such as cover letter, invoice, attached images) are treated as a single document and information is extracted based on document structure and relational cues. Let our AI process your different document types – and benefit from the result.
Emails (with attachments)
You want to let ExB process your emails (with attachments)? No problem. Here’s how it works. Emails can contain both structured and unstructured text. In addition, they often contain attachments in different formats and relevant information is scattered in the signature, header or body.
With an IDP system, emails can be analyzed to separate the main content from secondary information. Our solution can therefore also recognize attachments and process them accordingly. Through Natural Language Processing (NLP), it understands the context and meaning of email content and can extract relevant information.
Scanned paper documents
And scanned paper documents can also be processed by an IDP solution like ExB. The special feature: scanned documents often show variations in quality, e.g. due to shadows, wrinkles or blurred text, and they often also contain handwritten notes or stamps.
Our IDP solution uses optical character recognition (OCR) technology to extract text from scanned images. Advanced OCR systems can even recognize handwritten text. Image processing algorithms are used to improve the quality of the scanned image and then extract the text.
Photographed documents
Want to process photographed documents and smartphone images completely automatically? With ExB’s intelligent document processing, it’s easy to do.
Images like these can often have perspective distortions, varying lighting conditions, and background noise. Our platform uses image processing techniques to correct existing distortions and improve contrast. OCR is then used to extract the text. In addition, our system can also detect objects or specific features in images that may be relevant to certain applications.
PDFs
Processing PDFs is also no challenge for ExB. The peculiarity of PDfs is that they contain both images and text. Some PDFs are just images of text, while others contain “searchable” text or even complex layouts and embedded media. With IDP software, searchable PDFs can have the text extracted directly. For PDFs that contain images of text, OCR is used. ExB can also analyze the layout and structure of PDFs to identify tables, headings and other important elements. This is how we make your daily business faster, better and more efficient.
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