Insights on Loss Runs

The Problem

• Commercial Insurance carriers, brokers depend on Loss Runs for the claims history of Insured for Underwriting or loss prevention advice. These loss runs have huge amount of information in unstructured format as PDF’s, Excel sheets.
• It’s a huge manual effort to extract information from Loss runs and millions of dollars are spent in extracting the data and analyzing.

Solution

• AI/ML Platform that is trained to understand Loss Runs of Insurance carriers and extract all the information presented in the Loss Runs in a structured format for easy analysis.