1 ©ADLIB SOFTWARE 2018 USE CASE: Fortune 100 Insurance Provider INSURANCE COMPANY AUTOMATES CRITICAL POLICY INGESTION WORKFLOWS TO ACCELERATE PROCESSING TIME The Challenges For a Fortune 100 insurance provider, slow manual workflows and lack of document searchability stalled the organization’s ability to process a higher volume of incoming policies. Unstructured and non-searchable data flowed into the organization in a variety of formats from a range of sources—from scanned images to emails, SFTPs, and through a digital dropbox. Heavy manual intervention was required to convert documents into a format fit for downstream processing. There were 24,000 delays or stoppages in the data capture process per month for different policies—costing the organization roughly $100 mill

Join for free to read