Why Mortgage Lenders Need Document Automation—Now More Than Ever
Join Infrrd x FundMore on May 22, 10 AM PST, to discover how AI-led LOS integration is transforming the lending game.
Join Infrrd x FundMore on May 22, 10 AM PST, to discover how AI-led LOS integration is transforming the lending game.
Automate SLA-Enabled Insurance Document Processing
An AI-powered IDP solution designed to cut the clutter of insurance document processing. Perform SLA-aware, accurate data extraction from fluctuating document volumes and multi-format data.
Chosen and Trusted By
The Most Powerful Catalyst for Insurance Data Handling
Cut Human Reviews
From start to finish, minimize human reviews with automated data extraction from insurance documents and reduce manual effort by 70%
Onboard Documents in Seconds
Create new ML models for insurance docs in seconds with Infrrd’s Doc Studio™ – no training or templates, just 3 clicks!
Auto-Prioritize SLAs
Automatically prioritize documents nearing SLA deadlines, move them to the front of the queue for user access, and ensure that top-priority files are attended first
3x
Faster Document Processing
100M
+
Insurance Document Templates Processed
80
%
Return on Investment
Easy to View Centralized Access
Connect data across multiple departments and bring them into one centralized location
Ensure Compliance at Every Step
Verify insurance claim documentation against compliance requirements and auto-flag documents that don’t meet the regulations
Save at Least 3 Months of Customization Time
Benefit from ready-to-use document models pre-trained with millions of insurance documents
Process pages
Simplify Insurance Data Processing Complexity with Automation
AI-enabled Insurance Tracking with
Manage data across multiple insurance documents, track expiration dates, verify coverage levels, and more at 3x your current speed
Automated Insurance Claims Processing
Instantly extract data from claims documents such as claim forms, invoices, receipts, witness statements, correspondence, and agreement forms with the highest accuracy
AI-Assisted Underwriting
Identify trends and patterns from large historical data sets for accurate prediction and risk calculation
Claims Management
Automatically classify, extract, and validate key details from claims forms and flag discrepancies for quick resolution
Customer Success Stories
How Our Clients Benefited from Intelligent Automation
Problem Statement
Our client, a leading insurance provider was stuck with manual data extraction. This led to a significant increase in costs, processing time, and data errors.
Challenges Faced
OCR solutions failed for our client due to variable volumes and 2M+ unique formats of the insurance documents, forcing a return to manual data handling, and significantly reducing productivity.
Results
Infrrd’s AI-powered IDP for insurance tackled these challenges by handling millions of document variations with high accuracy. This led to reduced processing times, improved precision, and increased efficiency for the client, fostering a lasting partnership.
Customized Enterprise Solution
Cutting Edge Automation
Any Template, Any Format
Read more
A Solution to Track Over 2M Document Variations
Problem Statement
One of the industry's largest claims administrators aimed to double their claim volume, cut processing time by 50%, and scale up capacity with their existing team.
Challenges Faced
Manual bottlenecks hindered SLA compliance for speed and efficiency, while OCR solutions failed to handle varying document volumes and formats effectively.
Results
Infrrd’s AI-powered IDP streamlined data processing from complex insurance claim forms, boosting processing speed by 400% with minimal human intervention.
400%
Faster Claims Processing
Intelligent Document Classification
50%
Reduced Human Intervention
Read more
Client Aimed for 100% Faster Processing - We Hit 400%!
With Infrrd's Intelligent Document Processing, we are able to get the best of both: large volumes with accurate results. The team is always happy to assist and responsive, which makes it a fruitful partnership.
Lee-Ann Watters
Technical Product Owner
Dealing with 2,100 insurance companies, each with multiple versions of their own company-specific forms, called for a powerful and flexible solution. Infrrd is providing a solution that is configured to fit State National’s unique vision for process excellence.
David Crawford
Vice President of Strategy and Innovation
We’re thrilled at the opportunity to empower our users with the capability to leverage state-of-the-art innovations like Infrrd that lead to improved efficiency in QC reviews and, ultimately, enhanced loan quality.
Trevor Gauthier
CEO for ACES
AI-Powered IDP Platform, Custom-Built for Insurance
Insurance organizations struggle with managing millions of fluctuating documents with format inconsistencies and fragmentation
The key to efficient document management is to integrate automation solution that adapts to the industry demands and handle varying document volumes and formats.Discover the strongest AI-powered IDP, exclusively developed to tackle these industry-specific challenges and perform data processes thrice as fast!
Sign up for a live demo today.
The key to efficient document management is to integrate automation solution that adapts to the industry demands and handle varying document volumes and formats.Discover the strongest AI-powered IDP, exclusively developed to tackle these industry-specific challenges and perform data processes thrice as fast!
Sign up for a live demo today.
4.2 out of 5
4.5 out of 5
ROI
Calculate Your Savings
Discover how much you can save by optimizing your mortgage audit QC process. See the real impact of our solutions on your bottom line
upto
80%
Return On Investment
54%
Operational Efficiency Gain
100%
Accurate Results Every Time*
upto
$502,833
Annual Cost Savings
Recognition
Leader
Leader in IDC MarketScape 2023
Featured In
10 Gartner’s IDP Research including hype cycle reports 2023
Leader
Leader in ISG Provider Lens™ (IPL) Quadrant study 2023
Star Performer
Star Performer in Everest Group’s PEAK Matrix® for the fourth consecutive year
Leader
Recognized as a Leader in Zinnov Zones 2024
