Several insurers struggle to be their agile best in managing the huge number of broker submissions they receive on a daily basis. By reviewing these submissions manually and not automating this process, the insurers stand to lose out on several millions of incremental revenues.

Birlasoft Submission Automation SaaS Offering streamlines the new business submission process through an automatic intake of data from ACORD forms and other documents. The solution uses AI and machine learning as the core technology to speed up the underwriting process. This results in quicker clearances, spends reduction and better customer experience, all leading to higher margins and revenue growth.

The offering significantly reduce the processing time involved in issuing a commercial property and commercial auto insurance application and save costs for the company through greater automation while ensuring that the accuracy of risk assessment is not compromised.

Data Ingestion -

Augmented Underwriting -

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