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Underwriting & Insurance Policy Management

Insurance carriers and brokers are benefiting from using this technology. The Eigen platform is used by firms to:

The Eigen no-code platform puts the power of machine learning in the hands of business teams, enabling them to access the information they need to carry out their work more efficiently and effectively.

Who uses it

  • Automate the compilation of information from documents with high degrees of accuracy.
  • Extract, organize and process data from existing as well as new documents.
  • Systematize informational expertise and share specialized knowledge across teams.
  • Remove manual steps within workflows and digitally transform ways of working.
  • Consolidate to a single source of truth for information from your documents.
  • Handle multiple different document types and unstructured data sources.

Find out more

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Quickly and precisely extract and digitize data from insurance policies and submission documents to make better-informed decisions, understand market trends, enhance risk management and provide better data for claims handling.

Why Eigen

The Eigen platform automates the compilation of comprehensive, timely and better quality data providing operational efficiencies, enhanced risk management and underwriting plus improved data flow for downstream processes.

80%

cost savings compared to manual document processing

+10x

faster access to better data compared to manual processing

Client outcomes

What you can do with Eigen

Example scenarios

Underwriting: Analyze all policy documents and slips to quantify and understand market trends and make better decisions.

Risk Management: Facilitate automated recording of non-standard policies and track errors and omissions.

Investments: Automate the due diligence of bond and fund prospectuses and other investment documents.

Monitor and assess liabilities by fully reviewing and digitizing their back-book of policies.

Monitoring

Improve underwriting performance with access to previously untapped market data and critical information from insurance documents.   

Reduce time

Transition to paperless operations and reduce the time, effort and cost of back-office activities.

  • Enable business users to easily interrogate previously unanalyzed data sources.
  • Train custom models on low volumes of own documents to achieve better quality data.
  • Overcome difficult NLP challenges such as extraction of data from tables. 
  • Retrieve documents automatically from repositories to remove manual uploading.
  • Send extracted data directly to internal systems to avoid rekeying and additional processing.
  • Achieve information security best practice to ISO certification gold standards.
cross-validation
results-table
cross-validation

USE CASE

Performance

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Request a demo

Fill in this form to set up a short, tailored demo of the Eigen platform for your organization with one of our team. Alternatively, you can call our US-based team on +1 (929) 999-5908 or our UK-based team on +44 (0) 20 8132 4139.

By submitting this form, you consent to be contacted by a member of our team by email or phone. 
You can unsubscribe from our communications at any time via the unsubscribe option in the email received. 
For more information on how Eigen Technologies uses your data, please refer to our Privacy Policy.