How a Fortune 500 insurance company saved 30% manual labor by automating its quoting workflow Cortical.io Contract Intelligence Case Study The Challenge To create new quotes, the company used to manually extract key information from prior insurance plans issued by the competition and enter this information into its own system. The subject matter experts had to review tens of thousands of policies per year. The task was tedious, error-prone and expensive from a labor cost perspective because of very specific challenges: • Plans frequently have complex tables with multiple entries per row • There can be multiple employee classes of coverage which makes the task more complex • Each carrier uses their own jargon and format for the plan • Many provisions need to be interpreted not just ext

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