@ Cortical.io 2021 Evaluating the ROI of Policy Review Automation White Paper Insurance Quoting Process EVALUATING THE ROI OF POLICY REVIEW AUTOMATION June 2021Evaluating the ROI of Policy Review Automation White Paper @ Cortical.io 2021 2 ccording to McKinsey, 25% of the insurance industry will be automated by 2025 through the implementation of artificial intelligence to overcome bottlenecks and reduce manual processes. These automation efforts could drive cost savings of $390 billion by 2030, according to a report by Autonomous NEXT. Leveraging intelligent document processing (IDP) and robotic process automation (RPA) is becoming essential for insurance companies in order to keep their competitive edge. Automation holds the promise to solve the challenge of handling

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