Blog Post (3-1) Automating Life Insurance.png

Preparing the paperwork to apply for life insurance takes a lot of work, but processing it can take even more. With various handwritten and typed applications coming in, not to mention supplemental materials and medical records, insurance companies have been forced to manually review documents and enter data before they can approve a policy - a slow, costly process.

When it comes to life insurance, those who approve a policy the fastest are most likely to win the business, making timely, accurate document processing and data capture a priority.

In this webinar, you will learn how HyperScience:
• Extracts critical information from life insurance forms and supplemental materials
• Automates over 80% of manual data entry with greater than 98% accuracy on day one
• Streamlines the underwriting process so insurers can deliver better customer service