Insurance Underwriting Automation
Ready to dial up innovation, develop accurate quotes faster, and improve business outcomes? We make underwriting automation possible.
Overview
When your underwriters better assess risk and can quickly deliver accurate quotes, clients are delighted. Our managed workforce helps you make that happen by gathering, cleansing, and enriching data. We also help you improve the quality and performance of ML/AI, automation, and big data analytics tools.
What We Offer
- Teams with CV expertise to annotate and label images of insurable assets, such as pools and roofs.
- Data analysts for web scraping, data gathering, and researching business risk classification data.
- Scalable support for document processing and transcription, such as extracting and transcribing data from email and forms into standardized templates.
— MEET OUR CLIENT
Scaling insurance quote capacity for 5+ years
Pre-processing insurance submissions
This specialty insurer receives high volumes of complex requests from agency partners. CloudFactory pre-processes data so underwriters can deliver quotes fast.
- Our team in Nepal works while the insurer’s U.S. team sleeps; in the morning, submissions are ready.
- Specialized analysts with an average tenure of 16 months understand nuanced insurance terminology.
- With the extra capacity, the insurer grew its product line and is selling more insurance.
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 insight 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
Data Acquisition Manager
Ready to Get Started?
Questions about how our managed workforce can help you dial up innovation and develop accurate quotes faster?
How CloudFactory Works For You
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
Accelerate turnaround time, reduce costs, and rapidly digitize, verify, and enrich data with our experienced people and proven processes.
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
Data Processing Services
Learn about CloudFactory’s scalable, managed workforce for data processing. We do the work like you would—if you had the time.
The Essential Guide to Computer Vision
A vast amount of data exists to help you develop your models. But that data must be accurately annotated first. Here’s how, and why.
Without Quality, What’s the Point?
When it comes to your data, quality is not optional. Check out our 4-Part Quality Management Framework to see how we lock in data quality.
Contact Sales
Fill out this form to speak to our team about how CloudFactory can help you reach your goals.