Indico Data partners with Convex Insurance to speed up and simplify submission intake and enhance underwriting efficiency
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  Everest Group IDP
             PEAK Matrix® 2022  
Indico Named as Major Contender and Star Performer in Everest Group's PEAK Matrix® for Intelligent Document Processing (IDP)
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INDUSTRY

Insurance Brokers

Drive better decisions with better data to vastly increase risk assessment accuracy, empower your underwriters to focus on more complex issues, and set your enterprise apart from the competition in the eyes of potential clients.

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Who’s IN with Indico Data

Many of the industry’s leading insurance brokerages choose Indico's intelligent document processing solution to free their experts from tedious, manual tasks, allowing them to deliver more business value. On average, Indico customers reduce process cycle time by 85% while increasing process capacity by a factor of four.

Trusted, accelerated decisioning

The vast majority of brokers’ intake workflows are highly manual, leaving room for processing delays, declining margins, sub-par decision-making, and poor customer experience. Indico Data’s AI-driven technology resolves these major intake issues by automating intake workflows for even the most unstructured document types, freeing your experts from tedious, manual tasks, and allowing them to deliver more business value.

Use cases

Underwriting

Simplify insurance underwriting with streamlined risk assessment, handling diverse unstructured data for accurate premium calculations.

Policy Issuance
and Administration

Automate policy servicing to decrease time spent on admin tasks, prioritize high value policy changes and improve the broker relationship.

Regulatory Compliance

Optimize compliance by automating state-specific regulations and efficiently managing diverse document structures.

Only Indico Data enables you to:

Realize improved revenue, underwriting profitability, and operational efficiency through precise risk assessment, increased underwriting capacity, and cost reduction in the intake process, ultimately enhancing service quality.

Increase the efficiency
of your intake
decisioning

Streamline decision-making by automating the processing of unstructured data, significantly reducing decision time and increasing accuracy.

Improve
customer satisfaction
& trust

Improve the customer experience by enabling faster, more accurate claims processing and policy management. This improved service efficiency fosters stronger customer trust and loyalty.

Seamlessly integrate
with core systems
and maintain compliance

Accelerate claims resolutions by rapidly processing and organizing large volumes of unstructured data. This leads to a significant reduction in decision-making time, as claims adjusters can access and analyze critical information swiftly.

Indico makes
intake intelligent

What’s IN with IndicoWhat’s OUT with Alternatives
Accurate, automated processes that keep people “in the loop”
Error-prone manual work
Seamless multi-channel, multi-document intake in any format
Automation technology that can’t read unstructured documents
Rapid, informed decisions
Protracted, information-poor decisions

Automate to unlock
new opportunities

Discover how world-class organizations like MetLife are reducing risk, improving win rates, driving up margins, increasing capacity and capturing new opportunities through intelligent intake.

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Better outcomes, delivered

Get started with Indico

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1-1 Demo

Resources

Blog

Gain insights from experts in automation, data, machine learning, and digital transformation.

Unstructured Unlocked

Enterprise leaders discuss how to unlock value from unstructured data.

YouTube Channel

Check out our YouTube channel to see clips from our podcast and more.