How does Eigen help insurance firms?
Data plays a central role in the success of insurers and reinsurers, enabling them to win, retain and serve customers throughout the insurance value chain.
Digitize data and drive multiple benefits throughout your business
The Eigen® platform provides a gateway to increased revenue, enhanced risk management and improved operational efficiency by unlocking the value of data. It also enables insurance firms (agents, brokers and carriers) to understand and serve their customers better.
Delivering results for insurance firms
Key metrics
Capacity increase in underwriting and new business
Faster access to better data compared to manual processing
Cost savings compared to manual document processing
Example use cases in insurance
Underwriting & insurance policy management
Insurance firms use Eigen® to extract data from slips, policies and submission documents as well as for contract wording analysis to make better-informed decisions, understand market trends, enhance risk management and provide better data for claims handling and downstream processes.
Find out more about Underwriter Assistant: a modular solution to the document challenges and data needs prevalent at each stage of the underwriting process.
Regulatory reporting & compliance
Insurance firms use Eigen® to automate the extraction and organization of information required for one-time regulatory or ongoing compliance exercises and reporting tasks (for example GDPR, Solvency II, COVID-related) in an explainable, scalable and highly efficient way.
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To experience how Eigen's intelligent document processing platform unlocks business critical data, streamlines efficiencies, improves risk management and scales operations, please fill out this form.
Alternatively, you can call our sales team to schedule your demo:
- World Economic forum 2020
- Gartner Cool Vendor 2020
- AI 100 2021
- Lazard T100
- FT Intelligent Business 2019
- FT Intelligent Business 2020
- CogX Awards 2019
- CogX Awards 2021
- Ai BreakThrough Award 2022
- CogX Awards Best AI Product in Insurance
- FStech 2023 awards shortlisted
- ISO27001
- ISO22301
- ISO27701
- ISO27017
- ISO27018