This video explains how an AI approach inspired by neuroscience can automatically handle the complexity of plan review and accurately extract information from a broad range of carrier contracts. The solution has been developed to meet the specific needs of plan review – for example, interpreting provisions, handling multiple products in a single plan, and managing different employee classes.
Key takeaways:
- Why Contract Intelligence can significantly improve the efficacy of operational processes
- How the solution helps reduce quoting efforts and get more timely and accurate quotes
- Which other processes can be transformed within the insurance industry