100% Document Accuracy. Delivered.
We achieve this through Infrrd's:
- No-Touch Processing: Infrrd’s IDP solution is designed to maximize and exponentially increase No-Touch Processing (NTP). NTP is the volume of documents processed without any manual intervention. Our proprietary AI and ML-powered platform with a patented Confidence Score Algorithm provide the highest NTP rates in the market. And all this with little or no training.
- AI Trainers: When the platform is not confident about whether it got the data right, it sends it to our humans-in-the-loop, who review and correct the data delivering 100% document accuracy from day one of production. Every correction they make trains the underlying algorithm to not make that error again.
- Continuous Feedback Loop: Infrrd’s IDP platform has a continuous feedback loop informing the platform when it has everything right to improve its confidence score. It also sends feedback from AI trainers when it gets data wrong allowing the algorithm to learn and self-correct.
Brings intelligence to the table
Most OCR and IDP vendors out there can extract data from simple tables with clearly defined line items. In reality, insurance documents not only have tabular data but also nested tables, an added layer of complexity. Infrrd’s intelligent table extraction ensures accurate detection and extraction of data from all table variations.
A hawk-eye for insurance documents
When processing claims, the ability to extract data from supporting documents such as claim forms, police reports, vehicle operator licenses, invoices, and receipts is crucial. Infrrd for Insurance has pre-trained machine learning models that enable seamless extraction from all insurance-related documents.
Insurance Back Office, Fully Digitized
Each insurance line of business has unique back-office processes that need to be optimized and transformed. Each process area has its own flow, business rules, steps, and requirements. Infrrd for Insurance understands how to optimize these processes and how best to configure the solution to ensure business success.
State National Moves on from OCR
Our client found an innovation breakthrough that allowed it to automate document intake and data extraction with Infrrd for Insurance.
400% Faster Claims Processing. Delivered.
One of the industry’s largest claims administrators transformed their insurance processes with Infrrd for Insurance achieving efficiencies unimagined before.
