Total Economic Impact of Eigen Technologies

Download the TEI study in full now.

Industry solutions

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.

Industry solutions insurance

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
50% Capacity increase in underwriting and new business
50X Faster access to better data compared to manual processing
80% Cost savings compared to manual document processing

Example use cases in insurance

Solutions underwriting

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.

Reporting

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.

Extraction

Intelligent document processing & data extraction

Insurance firms use Eigen® to automate the extraction of information from multiple different document sets to save time, money and human effort as well as reduce errors across various functional areas and use cases.

Featured resources

Eigen product shot

How AI and intelligent document processing can help insurers to deliver better services and generate more revenue

IDP ebook

A user's guide to intelligent document processing eBook

CMS WEBINAR SQUARE Optimize your portfolio management with strategic underwriting leveraging AI

Optimize portfolio management with strategic underwriting leveraging AI

Forrester TEI Study preview image

Total Economic Impact of Eigen Technologies

Request a demo today

Fill in this form to set up a short, tailored demo of the Eigen platform for your organization with one of our team.

Law firms

Eigen helps and partners with law firms and legal service providers to eliminate manual contract review and analysis tasks.

Law firms

Banking

Banks & Capital Markets

The Eigen® platform enables banks and buy-side firms to use data to make better decisions across front, middle and back office teams.

Banking

Financial services

Financial services

The Eigen® platform is used widely in financial services to help firms access and analyze data and automate document processing activities.

Financial services

Corporate

Corporates

The Eigen® platform enables corporations to extract data and process their documents enabling them to digitally transform their business.

Corporates