Cortical.io
Case Studies
How a major commercial property insurer leveraged SemanticPro to globally standardize policies
Overview
How a major commercial property insurer leveraged SemanticPro to globally standardize policiesCortical.io |
Analytics & Modeling - Machine Learning Analytics & Modeling - Natural Language Processing (NLP) | |
Business Operation | |
Fraud Detection Regulatory Compliance Monitoring | |
Data Science Services | |
Operational Impact
The company was able to automate the process of comparing standard policies with locally-issued documents. | |
The solution was able to understand different formulations of the same concept, thus increasing the accuracy of the comparison. | |
The company was able to perform timely corrections in accordance with tight deadlines thanks to the quick and accurate reports generated by the solution. | |
Quantitative Benefit
Reduced the time spent on searching for differences between source policy and final version by a significant amount. | |
Reduced the error rate in documents from 70% to a minimum. | |