Insurance Risk Profiler (IRP)
IRP enables workflow automation for Insurance companies, which is vital for quality (avoid human errors, consistency of outcomes) and productivity (scales at peak performance). It extracts broker forms (faxed and emailed) analyzes the forms to extract information, populates the downstream system with this information, uses sophisticated NLP to analyze property survey report, inspection reports, loss run report and highlights and flags all issues (structural, mechanical, hazardous) found in a commercial property so underwriter can quickly evaluate risks associated with the property. What takes a human (underwriter) several hours to determine, Datanomers’ Insurance Risk Profiler is able to determine in minutes.