Last year, we launched our industry-first Document AI Product, used by Axle customers to make instant decisions on thousands of insurance documents every day.
Today, we’re announcing the wide release of Document AI support for home and condo insurance documents!
What is Document AI?
Document AI allows users to scan or upload their insurance documents and automatically extracts policy information from the document into Axle’s universal policy specification.
This supports any insurance document across carriers and document types—including declaration pages, renewals, and new business policies—we can parse any document which contains all the required policy information.
This eliminates the need for manual data entry, allowing Axle clients to make instant & autonomous decisions based on the user’s provided information—speeding up the verification process significantly, ensuring broader compliance, and providing a great experience to every user.
Ensure compliance
Document AI validates that the uploaded document is an accepted insurance document, not a photo of a pet. Extracting policy information directly from the document ensures that the data entered into your system matches the document, increasing accuracy and enforcing compliance to your requirements.
A great experience for every user
We believe that insurance verification will be as ubiquitous as driver's license verification and used for every transaction. Document AI provides a solution for users who may not be able to connect directly with their insurance carrier, providing an improved user experience and a streamlined verification process.
Get Started with Document AI
We're excited about the impact that Document AI for Home will have on our users and partners. To learn more about how Document AI can streamline your insurance verification process, contact our team today.
