Enhance underwriting capabilities and reduce processing time with our Intelligent Document Processing solution
Collect, extract, and verify data from multiple sources and automatically populate data into your internal system.
Our system assigns a risk rating score to your client by verifying data extracted against your internal risk rating policy.
Our solution automatically recommends a premium charge to your clients based on an assigned risk rating.
The underwriting process depends on data management and analysis, usually done by humans. With Nexus’s Intelligent Document Processing solution, analysis can be performed faster, generating accurate pricing results and risk assessments.
The current process of underwriting is extremely time-consuming. There is often a need for manual intervention, and human decision-making often leads to inconsistency. Many insurance companies are also burdened with outdated technology and processes.
Easily integrates with legacy systems to enhance a full automation process
Quickly process and verify large volumes of various forms of structured and unstructured data.
Configurable AI models make it easy to integrate/update regulatory or operational changes more flexibly into your workflows
Automate repetitive, time-consuming tasks, allowing your employees to spend time on anomolies
Shorten the time of checking and verifying while enhancing customer experience
Reduce manual intervention and speed up processing times
Automated solutions delivered 24/7 contribute to corporate-wide cost savings
Free up employees’ time to do more valuable work and increase employee satisfaction
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*The following is a blog post authored by Nexus FrontierTech Executive Chairman Terence Tse, PhD. and was featured on the-choice.org. As I explain […]Read More
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