Intelligent Document Processing
for Insurance
Efficient processing of claims
Processing damage reports is a time-consuming and costly process. With the Buildsimple platform, you are able to process the data on the relevant documents more easily and accurately. This allows you to process claims faster and increase customer satisfaction.
- Expert opinion
- Rental car/workshop invoices
- Quotations
Classification of your incoming mail
We use machine learning technologies to classify documents automatically. By using algorithms, Buildsimple is able to automatically detect and categorize the document type of your incoming mail.
Identity verification
Strikethrough recognition
Complaint recognition
Application processing
Claims
Division recognition
BLOG ARTICLE
Guide 2024:
AI automation for insurance companies
- Automation potential in the insurance industry
- The advantages of AI automation
- Use of Intelligent Document Processing
SUCCESS STORY
Automatic readout of workshop invoices
Automotive claims management at Riparo GmbH: With Buildsimple, all workshop invoice formats are read out and made available in a structured way via JSON file.
- 96% accuracy in data extraction from workshop invoices
- AI solution available in Buildsimple Marketplace
Use synergies
In the insurance industry, there has been a desire for standardization and the use of synergies for years.
This is exactly where we come in: On the Buildsimple platform, you can easily share your self-trained AI solutions with other companies or train them together - all completely DSGVO-compliant. This benefits both companies and saves valuable resources.
What our insurance customers say:
"As one of the leading insurers, we have already tested numerous solutions to optimize our processes. Thanks to Buildsimple, we have been able to significantly increase the automation of our document processes and implement them across many of our business areas. The solution enables us to implement complex AI solutions quickly and easily in the highly regulated environment of an insurance company. This has taken our input management to a new level. We are happy to recommend Buildsimple to others."
Sören GenslerHead of KO Processes and Technology, Württembergische Versicherung AG
"With the help of Buildsimple's specialized data extraction, our input management now makes a significant contribution to VHV Group's holistic process automation. Because we don't need scarce IT resources to create new AI models in Buildsimple, we've also been able to make software development processes more efficient."
Stephan Alexander SpottkeHead of Enterprise Content Management - Demand, Risk and Process Management, VHV solutions GmbH
