Intelligent Policy Review & Comparison
In commercial insurance, policy review or comparison is a key aspect of underwriting process for policy issuance / renewal. Keeping hyper-automation at the core, LTIMindtree’s Automated Policy Review & Comparison Solution leverages LTIMindtree’s own Cognitive Data Extraction Platform, Mosaic Agnitio, coupled with RPA, to extract data from highly complex unstructured / semi-structured documents and helps in comparing, highlighting differences and discrepancies to enable you to effectively perform quick reviews and expedite the tedious and time-consuming review & comparison process.
Solution highlights
- Manage multiple carrier and highly complex unstructured / semi-structured documents
- Built-in data review and approval mechanisms
- Rule-driven processing and ease of integration with core policy admin / agency management systems
- Flexible & configurable workflows
What value does it bring
- Increased accuracy
- Reduced errors & omissions
- Accelerated response times
- Enhanced operational efficiency
