Why Robotics Processing Automation is the
Perfect Fit for the Insurance Industry
Many insurance providers still rely on legacy systems, so the non-invasive nature of our robots allows the technology to be an ideal solution. Typically, claims processing is error-prone and time-consuming, requiring significant investment by company employees. Replacing the need to process insurance claims manually, our Robots are to reduce the amount of time that is spent on these repetitive processes and reduce, if not eliminate, human errors. The number of active robots can be increased or decreased in a matter of seconds, so scalability is easy to achieve. It can also be implemented with limited support of an insurer’s IT team because it does not require users to have programming knowledge.
This is just a sample of some of the insurance processes our robots can execute. Contact us if you are interested in any other process. Remember, our bots can replicate virtually any task that a human being performs at their computer.
Watch our Video to See a Robot in Action as it Executes a Life Insurance Application
Applications for Robotic Process Automation in Insurance
“Renewal policies are placed in an RPA underwriting work queue. Robots pull valuations from Nada, KBB, and Edmunds, which added six figures to profitability by producing accurate, competitive premiums.”
Executive at an Auto Insurance Company