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Intelligent document processing with AWS AI and Analytics services in the insurance industry: Part 2

AWS Machine Learning

In Part 1 of this series, we discussed intelligent document processing (IDP), and how IDP can accelerate claims processing use cases in the insurance industry. We discussed how we can use AWS AI services to accurately categorize claims documents along with supporting documents. Part 1: Classification and extraction of documents.

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Why You Should Build an Omnichannel Customer Experience

InMoment XI

Additionally, providing self-service options through digital channels can reduce the need for expensive customer support resources. Customer Profiles An insurance company integrates its communication channels into a customer’s profile. But, it may not be as hard as you think.

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Tackling the Frankenstack: Legacy IT Evolution for Insurers

Bizagi

As Insurance carriers have tried to modernize their technology over the years, many have ended up with a patchwork IT system. Insurance industry experts broadly agree that ‘real’ transformation is hard to achieve, due to the siloed nature of carriers. Beware the Frankenstack! But as many as 70% of transformation programs fail.

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Virtual Assistance: A Guide to Industries in Need

Magellan Solutions

Perform Functions of A Receptionist Virtual assistants perform the tasks of an office receptionist that schedule appointments, do follow-ups, manage customer records, process insurance, and communicate with patients. Through the help of a virtual assistant, processes like patient verification, insurance verification, etc.

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Use custom metadata created by Amazon Comprehend to intelligently process insurance claims using Amazon Kendra

AWS Machine Learning

Insurance companies are burdened with increasing numbers of claims that they must process. Additionally, the complexity of claims processing is also increasing due to the diverse types of insurance documents involved, and custom entities in each of these documents. You could also create facets to display results by a specific author.

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Guest Post: How to Make the Most of Another Unprecedented Holiday Season

ShepHyken

This is on top of their usual tough competition against retail and e-commerce conglomerates like Walmart and Amazon. . Most SMBs, they’re often unable to eat the cost of a lost or a damaged item, making shipping insurance protections ideal for both parties. . Offer Competitive Discounts.

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Automate the insurance claim lifecycle using Agents and Knowledge Bases for Amazon Bedrock

AWS Machine Learning

These agents excel at automating a wide range of routine and repetitive tasks, such as data entry, customer support inquiries, and content generation. What factors determine my car insurance premium? How can I lower my car insurance rates? Gather evidence for claim 5t16u-7v. What is the total claim amount for claim 3b45c-9d?