Automated underwriting with multi-doc analysis for better customer decisions
Vendor
Perfios
Company Website
Demographic, Financial and Medical Risk Evaluation for Insurance
Profile your customers accurately without manual intervention and identify risky behaviors, fraud flags and opportunities to tailor products to your customers.
How IAdore Works?
Input
Digitizes and extracts data from ID Proofs, financial documents and medical documents.
Analyze
Uses client-defined policy parameters and intelligent pattern recognition to analyze input documents for risk flags and aberrations.
Output
Generates holistic risk profiles with clearly delineated demographic, financial and medical risk flags.
Insurer Benefits with IAdore
- Flag aberrations and suspicious parameters in the customers financial data, lab reports and demographic details.
- Reduce policy decisioning time from hours to minutes.
- Lower manual dependencies for better risk management.
- Integrate workflows easily with your existing systems.
Cutting Edge Features that Win Big
Seamless Integration
Painless API-based integration with your claims management system, reducing setup time and costs.
Rapid Decisioning
Reduces turnaround time on underwriting analysis from 3-4 hours to just 5 minutes.
Enhanced Verification
Provides KYC verification, bank statement summary, company alerts and litigation checks.
Income Status Agnostic
Conducts financial and medical underwriting for both salaried and self-employed individuals.
Disease Flags
Flags lab reports for abnormal parameters and provides potential disease diagnoses and severity warnings.
Automated Reports
Provides a holistic report that can be used directly by underwriters to make immediate decisions based on the customer’s risk profile.