Revolutionizing Claims Processing with AI Technology

August 29, 2024
Work,Safety,Concept.,Health,Care,Insurance,Concept.,Guarantee,Service,Certification
The Claims Backlog Nightmare

Every insurer faces a common headache: massive stacks of claim documents, photos, and medical reports. These require hours—sometimes even days—to review. This manual effort isn’t just frustrating for your adjusters; it also delays claims, inflates costs, and chips away at customer trust.

What if there was a faster, smarter way to handle claims—saving time, money, and your team's sanity?

AI-Driven Claims Processing in Action

At Techno Union, we’ve developed an agile, AI-powered process designed specifically for insurers. By leveraging the powerful capabilities of Azure AI Document Intelligence and GPT-4o, we’ve successfully cut claim processing times from hours to mere minutes.

Here’s a quick snapshot of our proven 21-day rollout:

Day

Task

Technology

Outcome

1-3

Document ingestion & sorting

Azure Blob Storage & Document Intelligence

Instantly sorted and classified claim documents

4-8

Data extraction & structuring

Azure AI Document Intelligence

Automated key-value data extraction with 98% accuracy

9-12

AI-powered summarisation & risk tagging

Azure OpenAI GPT-4o

Quick, clear claim summaries and auto-highlighted risk areas

13-17

Intelligent workflow automation

Logic Apps & Azure Functions

Seamless integration and no-touch workflows

18-21

Easy-to-use claim review dashboard

Power BI & Power Apps

Adjusters effortlessly validate and finalize reviews

Real Results: A Techno Union Success Story

One leading insurer partnered with Techno Union to tackle their massive backlog of over 5,000 motor and property claims. In just a few weeks, remarkable results were achieved:

  • Review times plunged from 46 minutes to just 7 minutes per claim.
  • Automation handled 82% of all initial reviews.
  • Cost-per-claim reduced by $18, leading to significant savings.
  • Customer satisfaction (NPS) jumped by 17 points due to quicker claim resolutions.
Why This Solution Works So Well
  1. Pre-Built AI + Custom Models: Quickly deploy using pre-trained models, adjusting only where necessary.
  2. Clear, AI-Generated Summaries: Say goodbye to lengthy reports—receive concise summaries and clearly flagged risks.
  3. Human-in-the-loop Safety: Maintains compliance, trust, and accuracy with accessible manual overrides.
  4. Cost Efficiency: Cloud-native architecture means you only pay for what you use, greatly reducing overhead.
AI workflow to process claims
Visualizing the Transformation

Imagine:

  • A clean, intuitive dashboard where adjusters finalize claims quickly.
  • Data pipelines that visually illustrate the automation flow and provide real-time analytics.
  • Charts that clearly depict dramatic before-and-after performance metrics.
Insurance claims analytics
Techno Union provides templates, visual resources, and AI-powered dashboards tailored specifically for insurance claims teams.

Start Your AI Journey Today

Don’t let outdated processes hinder your business. Book your complimentary AI Discovery Session with Techno Union. Experience firsthand how quickly your claims processing can transform.

It’s not just technology; it’s peace of mind—powered by AI.

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