Used by the
- Complex Documentation:Life insurance claims necessitate a plethora of documents like the original policy, a death certificate, first responder reports, and medical records, which are predominantly unstructured and demand meticulous review and data extraction.
- Time-Intensive Process:The aspiration to expedite claims and enhance customer experiences is often thwarted by cumbersome, document-intensive claims procedures.
- Fraud Risks:The looming threat of fraud accentuates the need for meticulous document review and verification.
Vaultedge is adept at processing a variety of documents crucial for life insurance claims, promising precise data extraction and interpretation.
- Automated Document Processing: Vaultedge automates the bulk of document processing, minimizing processing time and elevating customer experiences, allowing focus on more strategic tasks.
- Unparalleled Accuracy: Employing superior data extraction models, Vaultedge ensures the highest level of accuracy possible in interpreting varied and complex documents.
- Swift and Secure Deployment: Experience the ease of local deployment with Vaultedge, implemented in days, not months, without compromising on data security or scalability.
How it Works
With Vaultedge, transform claims processing to be more efficient and accurate, leveraging AI & Human in the loop for optimal results.
Vaultedge uses machine learning, generative AI & LLM models to understand non-standard documents, extract data and generate decisioning insights - like a human expert at work.
With Vaultedge Generative AI solution - ask questions off your documents, get instant human like answers with detailed explanations.It’s like GPT for your documents - minus hallucination or data risks of Public ChatGPT.
With Vaultedge ingest documents from multiple sources, classify them accurately, spot errors, extract & validate data using LLM models - all at one place.
Arrive at underwrite & claim decisioning without back & forth hassle.
Vaultedge is a workflow based solution that integrates with your record management systems to automatically key in data - once flagged exceptions are resolved.
Vaultedge can be deployed quickly and scaled easily to handle millions of documents per day - as it learns progressively with usage.
Discover the Vaultedge Difference in Life Insurance Underwriting Today