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Key Features

  • AI-based classification aligned with industry standard taxonomy for document variations and version changes
  • Geometry and synonyms agnostic NLP / OCR / computer vision-based data extraction from structured and
    unstructured application forms, including e-mail submissions and attachments
  • Combination of AI Extraction engine, APIs, and Triage portal for user validation and data entry automation that
    allows for straight-through processing with zero human intervention
  • Human In The Loop (HITL) for exception handling and approvals

Key Benefits

  • More than 5X volume boost in intake

  • Issue new policy in just few hours

  • 98% overall accuracy in extracted fields

New business intakes come with the hassle of massive amount of paperwork. It requires manual intervention and is extremely time-consuming. 

In order to avoid this process from being a cumbersome and inefficient task demanding so much time and resources, SLK has shaped an AI-powered intelligent intake solution that boosts business intake volumes by more than 5X with 98% accuracy in just a few hours! 

Challenge Targeted​Our SolutionKey Benefits​
Data submitted can be structured or unstructured ​Geometry and synonyms agnostic NLP / OCR / computer vision-based data extraction from structured and​ unstructured application forms, including e-mail submissions and attachmentsMore than 5X volume boost in intake​
Issue new policy in just few hours​
98% overall accuracy in extracted fields​
Delayed quotation time due to manual processing​Automated document classification, contextualization, and data extraction to drastically accelerate the business intake process​
Issue of Submission Prioritization​Ability to process submissions parallelly and infrastructure scale up based on peak load.​ Real time dashboard to view submissions processed, fields extracted, Zero touch percentage, field accuracy stats etc.​
No distinction of genuine buyers from brokers or exploratory buyers ​Availability of Triage portal to validate the extracted fields real time​
Talent acquisition for underwriting experts difficult for experienced professional​Combination of AI Extraction engine, APIs, and Triage portal for user validation and data entry automation that allows for straight-through processing with zero human intervention​

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