AI-Driven Insurance Solutions for a Digital Future
Streamline claims, automate form processing, and accelerate underwriting with secure, intelligent AI built for the insurance industry. Discover how opAIda transforms manual workflows into seamless, touchless experiences—improving accuracy, speed, and customer satisfaction.
ACORD Form Processing
Challenge:
Supporting digital operations for remote workers handling ACORD forms.
Solution:
AI-powered extraction of key data using transfer learning, trained with just a handful of forms.
Impact:
100% support for remote workers
50% reduction in claims processing costs
99% straight-through processing
$1.4M+ cost savings
Loss Run Reporting
Challenge:
Legacy systems couldn’t process 15+ document variations for loss run reports.
Solution:
AI model extracts essential values like loss description, policy ID, reserves, and expenses.
Impact:
50% faster processing
99.9% data extraction accuracy
Reduced risk
Results in 1 week
Touchless Claims
Challenge:
Manual claims processing and poor-quality images slowed operations.
Solution:
AI processes images of documents, VINs, and accident damage, classifying 56 document types and extracting key data.
Impact:
98%+ data extraction accuracy
400K+ images processed daily
Processing time cut from hours to minutes
Results in 2 weeks
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