Automating Quote Submission Ingestion with OCR and AI
Emailed submissions in mixed formats, including handwritten, parsed and validated automatically for a mid-sized E&S insurer.
Client
A modern insurance platform focused on home coverage
Lines
Homeowners
What We Solved
Error triage and routing across carrier integrations
Engagement
Custom build
Quoting a risk across multiple carriers means handling a great many reasons a quote does not come back. Carriers return error messages when they decline to quote, and although the underlying reasons are often similar, each carrier communicates them in its own formats and codes.
That inconsistency made categorization a manual job. Considerable hours went into reading errors, classifying them, and assigning them to the right team member for resolution, which delayed resolution and raised operational cost.
A Natural Language Processing solution trained on historical data using a logistic regression algorithm, integrated into the workflow through an API so error categorization and assignment happen automatically.
decrease in assignment time, from 24 to 48 hours down to minutes
operational savings annually
Integration work generates its own operational overhead, and error handling is where it accumulates. Any organization quoting across many carriers eventually finds that the exceptions cost more to manage than the integrations did to build.
Twenty minutes, a candid conversation. If we’re not the right fit, we’ll say so.