Insurance Claim Data Validation – Intelligent Automation Solution
10xDS delivered an Intelligent automation solution capable of extracting data and validating them against the proofs submitted for an American Insurance and financial company.
Challenges
Dealing with a high volume of claims, unstructured documents submitted as proofs, and the manual extraction of data from these documents for further processing has been a time-consuming and error-prone challenge.
Solution
10xDS developed and implemented an intelligent automation solution that facilitated data extraction from various sources, including Claim forms, Certificates of Death, and Beneficiary Statements, while employing AI for document training, particularly for unstructured documents. Furthermore, this automation streamlined the entry of extracted data into the ERP system, significantly enhancing processing speed and accuracy. As a result, the benefits included faster processing, rapid claim settlements, elimination of manual data entry, and the eradication of data entry errors.
