AI-Powered Intelligent Intake Solution
Boost Your New Business Intake Volume by More Than 5X
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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 Solution | Key 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 attachments | More 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 |
