Property and casualty (P&C) insurtech firm n2uitive has launched two AI instruments aimed toward optimising the claims documentation course of for insurance coverage organisations.
These instruments, AI SummaryAssist and 1st Draft Transcripts, are a part of n2uitive’s recorded assertion administration answer and are stated to have improved adjuster productiveness by 30% throughout preliminary exams.
The AI-driven options assist claims conversations, enabling a uniform method for the short retrieval of knowledge from recorded statements.
The event course of for these instruments concerned over a yr of labor, with direct enter from a number of shopper beta testers.
AI SummaryAssist is designed to create structured summaries of recorded statements, offering adjusters with entry to the essential particulars of a declare.
This device reduces the time adjusters spend documenting recorded statements by as much as half-hour per assertion, eliminating the necessity for notetaking throughout or after calls.
The transcripts device generates transcripts for each recorded assertion, making the textual content searchable and enabling adjusters to find info, establish inconsistencies and acquire insights.
n2uitive CEO Joel Gendelman stated: “We’re serving to evolve the trade now we have served for practically 20 years to work smarter, sooner and extra cost-effectively with out requiring new workflows or exhaustive coaching. SummaryAssistTM and 1st Draft Transcripts are designed for easy implementation and ship rapid impression by eliminating the necessity for handbook assertion summaries and permitting adjusters to concentrate on their major jobs – delivering worth by constantly and precisely resolving claims.
“Our new options allow knowledge entry and assertion searchability, which powers extra knowledgeable selections and deeper insights. For P&C insurers trying to leverage AI successfully, this answer delivers unparalleled readability and utility in streamlining claims operations – a uncommon instance of AI expertise that gives rapid, tangible returns.”
Established in 2006 and based mostly in Seattle, n2uitive specialises in changing recorded statements into actionable knowledge insights for the P&C insurance coverage claims sector.
