Leader 2024

Put Your Insurance Processes On Autopilot With AI

Uncover valuable insights from any document or data source and automate insurance processes with AI-powered workflows.

Find out why 34% of
companies use Nanonets
what others are automating

How do insurance businesses use Nanonets AI?

Underwriting Process

  • Automatically extract key data from application forms, health records, financial disclosures, and supporting documents.
  • Classify risk profiles by verifying and organizing applicant data using AI-based document processing.
  • Accelerate underwriting decisions by integrating extracted data into underwriting platforms and scoring systems.
  • Automate your workflow

    Claims Processing

    • Automatically extract data from claim forms, invoices, and supporting documents.
    • Reduce manual data entry errors and accelerate claims processing times.
    • Ensure data accuracy for downstream financial operations.
    Automate your workflow

    Policy Issuance and Management

  • Extract and validate data from proposal forms, endorsements, and declarations to auto-populate policy documents.
  • Automate generation, classification, and digital storage of policy documents for faster issuance.
  • Seamlessly update policy changes and maintain accurate, searchable records across your DMS or core insurance platform.
  • Automate your workflow

    Renewals Management

  • Automatically identify upcoming policy expirations by extracting and tracking key dates from existing documents.
  • Pre-fill renewal forms using previously submitted customer and policy data for faster processing.
  • Streamline communications and documentation by auto-generating and distributing renewal notices and updated policy documents.
  • Automate your workflow

    KYC Document Automation

    • Extract and verify customer information from identification documents.
    • Streamline customer onboarding processes.
    • Ensure compliance with KYC regulations.
    Automate your workflow
    INTEGRATIONS

    Seamless Integrations, Infinite Possibilities

    Businesses love us

    90% Time savings
    Catherine Gallagher
    Accounts Payable, SaltPay
    “Nanonets’ direct integration with SAP helped SaltPay automate a crucial part of their Accounts Payable process”
    Read Story
    99% accuracy
    Ryan Hess
    Head of AP, ACM
    “I recommend Nanonets over other services. I knew integration with our current stubborn accounting software was going to be difficult, but the Nanonets team delivered better than I could have expected at almost a 99% accuracy of extraction.”
    Read Story
    80% cost saving
    David Giovanni
    CEO, Ascend Properties
    “Nanonets has helped us grow faster as a business & has set a high bar for customer service. We have saved over 80% in costs for invoice processing & are further looking into integrating more of our services to reduce costs.”
    Read Story

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