Fast. Easy. Accurate.

Digitize insurance origination & claims with 99%+ accuracy

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Get 10x efficient at handling claims documents such as invoices, bills, travel vouchers & other docs

End-to-end digitize your process with APIs to classify docs, extract key points, and validate data

Make smarter, better underwriting decisions with accurate data

With Docsumo we are now able to process thousands of ACORD Forms in a day

“We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points”

Michael Rudman

Co-founder & CTO, Jones

Docsumo - A scalable solution for all insurance types, documents, layouts, and workflows

Docsumo's intelligent document processing helps extract, interpret, classify and analyze unstructured data in policies, quotes, submissions, applications, and endorsements - for all insurance types.

Docsumo For Commercial Insurance

Enables commercial insurance carriers and brokers to extract, classify, and validate unstructured data in ACORD forms, policies, submission emails, quotes, binders, and more.

Commercial Insurance Application - ACORD 125

Commercial General Liability - ACORD 126

Business Auto - ACORD 127

Workers Compensation - ACORD 130

Business Owners Section - ACORD 160

Docsumo For Claims Processing

Enhance customer experience by automating claims workflows, eliminating document fraud, and ensuring data compliance for all insurance types:

Life Insurance
Medical Insurance
Travel Insurance
Liability Insurance
Vehicle Insurance

Identity/address proof, social security number, term plan agreements

Birth certificate, bank statements, income statements, pharmacy bills, indoor case documentation, explanation of benefits

Trip tickets, loss of passport documents, claims forms

General liability certificates, business registration documents, certificate of insurance

Vehicle insurance policies, repair bills, FIR reports, proof of receipts, cash release statements

Docsumo For Insurance Underwriting

Enables straight through processing for carriers and underwriters

Ingest submissions from emails directly

Prioritize risks that are most likely to convert

Extract data not just on quotes, but from all submissions

Analyze insightful data for accurate quotes

Docsumo For Brokers

Enables insurance brokers to automate repetitive, high-volume, and error-prone processes.

Policy checking and verification

Compare a policy to a submission or quote automatically

Identify and resolve errors/omissions in submissions

Compare multiple quotes, pricing, coverages, terms and conditions in seconds

Docsumo For Loss Runs

Automatically know the claims history of a risk to price a policy properly

Extract data out of unstructured documents with complex, repeating sections

Categorize tabular data and calculate ratios for decision making

Read loss descriptions to know cause of loss

Docsumo For First Notice Of Loss

Capture accurate data about each damage claim in seconds

Parse data such incidents, policies, loss location

Flag inaccuracies or incomplete claims

Validate claims for via custom validation rules

Automate your insurance data - Minimal effort. Maximum efficiency.

Pre-trained Insurance APIs and custom models

Send vast amounts of data through readymade APIs

Get started with pre-trained APIs for insurance data

Be it ACORD forms, IRS tax forms, bank statements, or other insurance documents - get started instantly with our pre-trained APIs for pre-defined fields like customer name, certificate number, company name and more.

Train custom ML models on your insurance data set

Didn't find the API for your insurance document? Create your own by training on your data with as little as 50 documents. Compare models at a field level for accuracy, precision, recall value and F1 score.

Data extraction and validation

Extract accurate data to minimize your risk

Get granular data with your eyes closed

Extract granular data such as personal/business information, types of coverage, exclusions, endorsements, assets, liability, etc. with 99%+ accuracy. Result? Cleaner data, minimal risk.

Set up validation rules and field-level confidence thresholds

Unsure of the extracted data? Validate it with excel-like formulae. Or, set field-level confidence scores for your QA teams to validate.

5 Reasons to get the Docsumo Advantage Now!

<60sec

Reduce turnaround time for document processing from days and months to seconds

10x

Increase efficiency by 10X even as you process 10k+ documents a month

99% plus

Reduce manual and repetitive errors with intelligent automation and get accurate data from documents

Smart AI

Algorithms that self-learn based on new document formats and on the go or from manual corrections

Analytics

Make rapid decisions with easy validation and granular analytics

End-to-end claims automation

Process claims faster with intelligent data processing

Automate your claims processing with human-in-the-loop

Spotting errors with deductibles, premiums, exclusions manually isn't easy. But, with Docsumo, get 95%+ touchless processing with a combination of automated processing and human-in-the-loop for better results.

Make decisions faster with all-round data

Get data from claim loss forms, damage estimates, physician statements, medical reports, etc. Calculate ratios in the output for faster claims-related decisions.

Hassle-free integration

Readymade integrations with zero hassles

Post process data with handy integrations like Guidewire

Forget the hassle of organizing, uploading and downloading data. Docsumo lets you send data to software such as Guidewire, Majesco, Duck Creek, Insuresoft, etc. for seamless post processing.

Get extracted data in Excel or JSON

Extract key insurance data from multiple sources and save it in electronic formats such as CSV, JSON, XML. Or, share it over email to agents and underwriters for reviews and faster approvals.

Elevation Certificate Processing via Docsumo

Insurance Automation Customer Success Story

Learn how Jones extracted unstructured data from ACORD forms in <8 seconds

The Situation

This NewYork based proptech company helps customers manage insurance compliance for 50,000+ apartments. Their operations team would manually examine ACORD forms for limits on general, automobile, garage, and umbrella liability. Each application would take 30 minutes to process.

Solution

Docsumo’s pre-trained APIs helped ingest ACORD forms easily. Our rule-based validation engine applied contextual data validation on extracted data, which was later integrated with client's software.

<8SEC

Processing time of unstructured data reduced to <8 seconds

95%+‍

Touchless processing using smart validation rules

99%+

Accuracy with end-to-end automation

Ready to transform your supply chain data processing?

Let's talk.

Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately.
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