A premium finance company serving the insurance sector was overwhelmed by the need to process and extract data from over one million policy documents each year. Manual data entry was slow, error-prone, and costly, often taking days to complete and limiting the company’s ability to respond quickly to customer needs.
Nuvento delivered a robust AI document processing solution tailored for high-volume insurance workflows. The AI agent was trained to recognize and extract critical data fields from a wide variety of policy formats, regardless of layout or language. Leveraging advanced machine learning and natural language processing, the system achieved 90% data extraction accuracy across the entire document set.
Processing time for policy documents dropped by 90%, shrinking from days to just a few hours. The company can now onboard new clients faster, respond to policy changes in near real time, and reduce operational costs associated with manual data entry. Improved accuracy also minimized downstream errors, enhancing customer satisfaction and regulatory compliance.
Reduction in processing time
Data extraction accuracy
Documents processed annually
Nuvento’s AI document processing solution has become a cornerstone of the client’s digital transformation strategy. With scalable automation in place, the company is well-positioned to handle future growth, adapt to evolving insurance industry requirements, and deliver superior service to its customers.
Nuvento © 2025 All Rights Reserved
