Insurance Data-Driven Decisioning

We help digitize and enrich insurtech big data for AI/ML so you can innovate, compete, and improve business outcomes.

Overview

Insurance decision-making is becoming fully digitized. But to drive sound decisions, you need to gather, filter, and feed multiple sources of disparate data into your big data analytic engines and ML/AI models. As experts in document and data processing with a focus on data quality, CloudFactory will help you get the job done, fast.

Insurance Data-Driven Decisioning

What We Offer

  • Computer vision: Image review and labeling for insurable assets like pools and roofs.
  • Model training: Human-in-the-loop data processing and review for AI/ML risk assessment models.
  • Processing of unstructured data: Web scraping, validating, enriching, and geo-coding.
  • Document pre-processing: Verifying, cleansing, and transcribing data into digital formats.
Processing of unstructured data
— Meet Our Client

Digitizing Risk for Improved Insurance Outcomes

Geocoding and pre-cleansing data

This U.S.-based insurer’s business intelligence platform uses AI to digitize risk for commercial property owners and improve insurance outcomes.

  • Our team of 100+ data analysts delivers 8,000+ hours monthly.
  • For one unique task, we geocode thousands of documents quarterly by pinning locations on a digital map.
  • For another, we pre-cleanse documents by identifying incomplete, incorrect, inaccurate data, and modifying data as needed.
Digitizing Risk for Improved Insurance Outcomes
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Since early 2021, CloudFactory has been helping Carpe Data validate the business data we use to train our AI - work that’s core to our company because our global insurance carrier clients rely on us for deeper insights into risks. We value many things about our partnership with CloudFactory, but especially the continuity of the team, transparent communication, and how the team scales while delivering high-quality work on time.

Matt McLaughlin

Matt McLaughlin

Vice President, Data Strategy & Management

Validating Carpedata for train AI

Ready to get started?

Questions about how our managed workforce can give you high-quality data so you can outcompete, wow clients, and grow?

How CloudFactory Works For You

Improve Data Quality

Improve Data Quality

Improve the quality of AI, ML, and CV models and platforms, and meet strict quality KPIs with CloudFactory’s insurance specialization.

Increase Productivity

Increase Productivity

Accelerate turnaround time, reduce costs, and rapidly digitize, verify, and enrich data with our experienced people and proven processes.

Enable Innovation

Enable Innovation

Partner with us to quickly unlock the value of data, bring new solutions to market, optimize operations, and win in the insurance space.

Recommended Reading

Without Quality, What’s the Point?

This infographic lays out our proven 4-Part Quality Management Framework; we use it every day to ensure the highest data quality possible.

Outsourced Data Processing: A Quality Management Framework

Want to go deeper than an infographic can take you? Check out this white paper, which presents our data quality framework in detail.

How Natural Language Processing is Revolutionizing Financial Services

Written and spoken language is data, too. Discover how companies are using NLP to turn unstructured text and audio data into insights.

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