Intelligent Process Automation helps in improving Underwriting efficiency
Time to complete administrative tasks was reduced from two weeks to 25 hours for a P&C Casualty Insurance Provider
An unevenly distributed underwriting support workforce and inefficiencies in operations lead to a workload imbalance among groups for an insurance provider. Additionally, the employees were dependent on time consuming methods to collect document and organize data. AiRo conducted a complete evaluation of the entire underwriting process, documented all tasks and developed SLA and QA measures. As a result the client experienced a reduction in time taken to complete administrative tasks from 2 weeks to 25 hours and 30% increase in cases where SLA was met.
AiRo Digital Labs is an award-winning Chicago-headquartered, Digital 2.0 consulting firm, which is one of the fastest-growing leaders in the fields of Cognitive Automation, Traditional RPA, Machine Learning, Natural Language Processing, Natural Language Understanding, Deep Learning, Industrial IOT, and other AI technologies. AiRo Digital Labs partners with clients in industries such as Healthcare, Pharma and Life Sciences, Manufacturing, Hi-tech and Retail / CPG to accelerate their business transformation by using emerging technologies.
Learn how airo helps clients an their digital transformation journey at www.airodigitallabs.com