Case Study

Insurance Innovation: The Strategic Advantage of Natural Language Processing

Insurance Innovation: The Strategic Advantage of Natural Language Processing

Pages 3 Pages

A large insurer partnered with IQVIA to convert unstructured data into structured insights at scale. Using IQVIA’s NLP Data Factory, the company processed 8M documents per hour, integrated with systems like Snowflake and Databricks, and built custom pipelines. The pilot validated scalability, transparency, and flexibility, enabling self-sufficient use across claims, policies, and medical records. Benefits included faster insights, reduced costs, and improved data science efficiency. The platform now supports 85+ models, handling competitor booklets and multi-source data, with 24/7 support and rapid turnaround.

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