Reinsurance Slip Processing

Insurance companies are overwhelmed with the variety of formats and data contained inside inbound reinsurance slips received from brokers.

Intelligent Automation can help streamline this processing by handling the ingestion and extraction of essential slip information to ensure uniformity of what’s required to make decisions. Standardized data can be more easily analyzed for trends and short-term opportunities that are lost in legacy manual data entry models.

Customers who viewed this use case also viewed

Purchase Order Invoice Validation
Enhance your Accounts Payable timelines by validating invoices against existing purchase orders. Thi...
Purchase Order Invoice Validation
Enhance your Accounts Payable timelines by validating invoices against existing purchase orders. This process can include collecting data from invoice...
Policy Multi-Use Identification
Underwriting insurance policies requires intensive scrutiny of customer data, regardless of applicat...
Policy Multi-Use Identification
Underwriting insurance policies requires intensive scrutiny of customer data, regardless of application information. Researching potential risk factor...
Policy Checking
Operations teams inside insurance companies spend a lot of time manually checking policies for error...
Policy Checking
Operations teams inside insurance companies spend a lot of time manually checking policies for errors and mismatches between policies, proposals, and ...
Payment Origination
Use WorkFusion® Intelligent Automation to check that invoices are valid for payment and if so, proce...
Payment Origination
Use WorkFusion® Intelligent Automation to check that invoices are valid for payment and if so, process those payments as per your existing policies. B...
Name Screening Alerts for KYC and AML
Most insurance companies are overwhelmed by false positive alerts that come from their diligent work...
Name Screening Alerts for KYC and AML
Most insurance companies are overwhelmed by false positive alerts that come from their diligent work, searching for anti-money laundering or political...
Loss Run Report Processing
Valuable data inside loss run reports can help insurers provide optimal policy and pricing for new c...
Loss Run Report Processing
Valuable data inside loss run reports can help insurers provide optimal policy and pricing for new customers. Since inbound forms vary and can contain...