Demand Identification

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Demand Identification

Delayed responses or failure to respond to attorney demand letters can be very costly, often entailing bad faith claims, litigation and potentially millions of dollars in settlement costs.

With CleverDocs, you can accurately identify demand letters as soon as they are ingested by our IDP engine, and ensure prompt action by automatically notifying designated stakeholders.

Our Demand Identification solution leverages our continuously improving AI and ML algorithms across the three fundamental stages:

engineering

Pre-processing

process

Data Extraction

filter-data

Processing

Pre-Processing

Align all ingested documents and remove any distortions

Data-Extraction

Extract domain entities (e.g. Claim#, Policy#) and other Loss and Party details
Compare the document’s structure, language patterns and keywords with Clever Docs continuously evolving knowledge base of previously processed documents
Then, based on a configurable confidence threshold, determine the document type (e.g. Attorney) and sub-tye (e.g. Demand Letter)

Processing

Use the extracted content and the Core System data to index the document with an existing claim and notify the designated adjuster(s)
Description of GIF

Clever Docs can further enhance straight-through processing beyond the mailroom by

Utilizing the extracted content and Core System data to index the document with an existing claim, automatically notifying the designated adjuster(s).
Offering simple configuration to send real-time automatic notifications to designated stakeholders, prompting timely action.
Read More On Integrated Digital Mailroom
CleverDocs

Experience the future of insurance operations with CleverDocs. Our platform harnesses advanced AI and deep learning to transform unstructured documents into actionable insights, streamlining claims processing and empowering your team with real-time, accurate data.

Phone Number

+1 510 209 0394

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