René Weseler as a guest on the Digital Insurance Podcast
In this episode, he talks to Jonas Piela about AI automation for insurance companies and how Buildsimple helps to automatically process large volumes of documents.
The episode is about:
- How Buildsimple works
- Concrete use cases
- The use of state-of-the-art AI technology such as Transformer architecture
- Next steps in the further development of Buildsimple
- Buildsimple News
- Marius Gotschol
The Digital Insurance Podcast
The Digital Insurance Podcast is a format for the digital transformation in the insurance industry. Since 2020, Jonas Piela has been talking to the management boards of German insurers about the challenges of digital change.
Monologues on strategic topics such as blockchain or ecosystems, insurtech, fintech, new work and sustainability are also published. Interviews with experts, service providers and thought leaders from related sectors such as finance, banking, automotive, industry and technology are also published.
Modern automation: Buildsimple simplifies document processing in the insurance industry
Most recently, our Senior Executive Manager René Weseler was our guest to talk to Jonas Piela about the potential for automation in the insurance industry. The focus was on the challenge of manual data entry.
Among other things, the episode deals with how Buildsimple works, specific use cases, the use of state-of-the-art AI technology such as Transformer architecture and what's next for Buildsimple's further development.
In the insurance industry, numerous documents are still processed manually by clerks. This takes an enormous amount of time and also involves a high risk of errors. Buildsimple can remedy this and develop solutions for automating complex use cases.
AI plays a key role in intelligent document processing. The new Transformer technology in particular makes it possible to extract information correctly even from complex documents.
However, Buildsimple does not build AI. Instead, it provides customers with tools to train AI models themselves. This is done using a low-code and no-code approach. Before Buildsimple, this type of work required numerous technicians and programmers.
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