Automated Policy Checking Processes at a Glance – Tech Tammina Policy checking has always been done manually, even with the advent of technology. If you are accustomed to the task, you must also be aware of the time and effort it requires. A typical policy document or binder has anywhere from 30 to 250 pages, sometimes even more! It sounds fairly daunting to go through the extensive policy documents, confirm their specifics with the management systems, and then manually record differences or information that matches to build a checklist. Do you know that the whole procedure of policy checking can consume 2 hours from your busy schedule? However, this time duration can be dropped down to just 3 minutes with the help of Policy Checking Automation. When thinking of Policy Check Automation then Tech Tammina offers the best Insurance Policy Checking Automation. We have an IT experience of over a decade and our collaboration with Appian has led us to build successful policy-checking automation.
Human errors are inevitable while working on such oceanic policy-checking tasks. Examining all the customized policies, renewals, sales, errors & omissions can happen error and hustle-free with the advent of AI-based policy-checking software. Streamlining all the data with dates and other supplementary information promptly can be facilitated by this New-to-industry application. It is a credible way for insurance companies/ brokers to smartly interact with customers. It is cost-effective for insurance companies/ agents as it includes less manual interference and more productive results.
Appian IDP
Insurance Agencies, Brokers, and Carriers have benefited from Intelligent Document Processing (IDP) by processing documents more quickly. Additionally, it has increased efficiency and extraction accuracy while ensuring paperless document processing. Additionally, as IDP does not require manual data entry, there are no longer any human errors, making the solution cost-effective. We can evaluate and extract pertinent data points from any policy document, regardless of different formats or patterns, with the use of Appian IDP’s AI and Auto ML capabilities.
Appian RPA
By streamlining their manual procedures and lightening the workload on human personnel, robotic process automation (RPA) is revolutionizing the way insurance businesses function. By utilizing a scalable, digital workforce, Appian RPA interacts with older business systems and apps to boost productivity. Based on the Policy Number, Type, or Customer Name, we can precisely extract data from any agency management system using Appian RPA.
Appian Low-Code
By integrating all of your technologies, data, and systems into a single process, Appian’s Low-code capabilities enable us to quickly design and construct stunning UIs with quicker development deployments and accelerate business results. Taking advantage of these features, we created a pre-set customizable checklist to demonstrate the differences and matching data gathered from Appian IDP & Appian RPA.