Indico Data releases industry-first large language model benchmark for document understanding tasks
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  Everest Group IDP
             PEAK Matrix® 2022  
Indico Named as Major Contender and Star Performer in Everest Group's PEAK Matrix® for Intelligent Document Processing (IDP)
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INDUSTRY

Life Insurance Carriers

Drive better decisions with better data to heighten policyholder trust, improve customer satisfaction, and optimize premium growth.

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Trusted,
accelerated decisioning

The vast majority of life insurance carriers’ intake workflows are highly manual, leaving room for processing delays, inaccuracies, sub-par decision-making, and unrealized premium growth. Indico Data’s AI-driven technology resolves these major intake issues by automating intake workflows for even the most unstructured document types, freeing your experts from tedious, manual tasks, and allowing them to deliver more business value.

Use cases

Underwriting

Simplify insurance underwriting with streamlined risk assessment, handling diverse unstructured data for accurate premium calculations.

Claims
Processing

Streamline claims processing by simplifying site visits, validating claims, and managing diverse unstructured data for efficient compensation calculations.

Regulatory
Compliance

Optimize compliance by automating state-specific regulations and efficiently managing diverse document structures.

Only Indico Data enables you to:

Increase the
efficiency of your
intake decisioning

Streamline decision-making by automating the processing of unstructured data, significantly reducing decision time and increasing accuracy.

Improve customer
satisfaction
& trust

Improve the customer experience by enabling faster, more accurate claims processing and policy management. This improved service efficiency fosters stronger customer trust and loyalty.

Enhance
regulatory
compliance

Enhance regulatory compliance through consistent, accurate data handling and adherence to data privacy laws. Automating these tasks reduces the risk of human error and ensures operations consistently meet regulatory standards.

Indico makes
intake intelligent

What’s IN with IndicoWhat’s OUT with alternativesinformed decisionsinformation-poor decisions
Accurate, automated processes that keep people “in the loop”
Error-prone manual work
Seamless multi-channel, multi-document intake in any format
Automation technology that can’t read unstructured documents
Rapid, informed decisions
Protracted, information-poor decisions

Automate to unlock new opportunities

Discover how world-class insurers like MetLife are reducing risk, improving win rates, driving up margins, increasing capacity and capturing new opportunities through intelligent intake.

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Better outcomes, delivered

Get started with Indico

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1-1 Demo

Resources

Blog

Gain insights from experts in automation, data, machine learning, and digital transformation.

Unstructured Unlocked

Enterprise leaders discuss how to unlock value from unstructured data.

YouTube Channel

Check out our YouTube channel to see clips from our podcast and more.