Auto Insurance Carrier Products
Each product is a stand-alone baseline solution and is also configurable to your needs in terms of input, process and output. We can add workflow process to produce reports, alerts, or valuable system updates based on your requirements.
Stop fraud before it overwhelms your claims department and your profitability. Compare reported injury information from the first notice of loss against the demand information containing legal and medical professional reports.
Reduce costs and know the essential risks quickly about your claim by automating the extraction of medical reports from medical professionals and discover answers to questions like: Pain levels on first visit, Pain levels on last visit, First date of medical treatment, Last date of medical treatment, Did the patient reach maximum medical improvement?, Does the patient require future care?, Total lines billed for medicals, What did the radiologist report find?, Summary of medical objective findings, Primary complaint of the patient, Summary of pre-existing medical conditions, Permanent impairment findings, Medical professional that confirmed diagnosis, Prescribed treatment vs treatment performed, Type of treatment performed, Were the injuries related to the automobile accident?, Did the accident aggravate a prior issue, Are the injuries chronic or degenerative?
Demand Letter Extract
Time-based demand lawsuits are exploding. In some states, a simple $30k claim can turn into a $25M punitive lawsuit if demands are not handled correctly. When an attorney sends demand letter information, automatically capture datapoints like: demand amount, demand due date, injuries claimed, attorney name, claimant name, etc.
Declaration Page Extract
Because declaration pages follow a standard format, Industrial AI reads the current terms, passes them to a rate-shopping engine, and delivers a tailored quote email to the prospect—automatically.
After your customer or prospect sends you their declaration page, use the data points to automatically produce multiple quotes for that lead. Now, customers shopping for auto coverage upload their dec pages and—in minutes—get personalized quotes.
Industrial AI platform - click here to learn more about our AI platform in general
Questions? Feel free to contact us and we will be happy to help.