An insurer thrives by automating underwriting
Property and casualty insurance in America is a highly-regulated, document-heavy business, requiring hours of work.
The tech-savvy founders of Kin, a Chicago-based home insurance startup, recognized this problem and singled out form processing as an area that was ripe for document automation. In this case study you will discover how doucment automation helped Kin reduce their document processing time for forms by more than 65 hours a year.
Here's what you'll learn:
- Time spent processing Kin's underwriting went down from 45 minutes to 35 minutes, with vastly improved accuracy rates
- Kin sales reps used to spend more than 20 minutes per property verifying attributes, now it's done in under 3 minutes
- Automation Hero's optical character recognition (OCR) solution works for all document types containing either structured, unstructured, or semi-structured data, making it the best choice for companies
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SOC for Service Organizations
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