An AI intelligent underwriting and claims integrated platform was built for a large insurance group. Through OCR recognition and knowledge graph technology, the underwriting efficiency was increased by 80%, and the claims settlement cycle was shortened from 7 days to 2 hours.
The traditional underwriting process of a large insurance group relies on manual review, which is inefficient and has inconsistent standards. The review of materials in the claims process is cumbersome and the customer waiting period is long, which seriously affects the user experience and operating costs.
Underwriting efficiency increased by 80%, the claims cycle was shortened from 7 days to 2 hours, and customer satisfaction increased to 96%.
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