Turing’s Underwriting AI Engine can help automate the review of medical documents, enhance risk assessment, and ensure accurate decision-making, reducing underwriting time from days to hours.
Insurance underwriting, especially for medical and life insurance, often involves complex document review and risk categorization. Our Underwriting AI Engine uses a combination of OCR, LLM, and intelligent automation to process proposals and medical documents efficiently, categorize risks, and provide accurate underwriting decisions in real-time.
Use this 3-phase approach to automate the underwriting process and categorize non-STP proposals based on medical records into Red-Amber-Green (RAG) classifications.
Talk to an ExpertDefine the scope of underwriting needs, identify medical document types, and establish risk criteria for categorization.
Develop an OCR and LLM-powered Intelligent Document Processor (IDP) and categorization engine to automate document processing, risk categorization, and decision-making, supported by an intuitive user interface.
Implement the AI engine to streamline underwriting processes, establish an MVP, and create a roadmap for scaling and long-term value.
Our experts work with you to evaluate your underwriting needs, identifying key areas where the Underwriting AI Engine can optimize your operations.
We build a dedicated team of technical professionals and deploy the AI engine that categorizes risks in real-time, allowing your team to focus on more complex cases while the system handles routine underwriting tasks.
As your underwriting needs evolve, our AI engine scales with your business, maintaining consistent accuracy and efficiency across all cases.
Let’s explore how our AI-powered engine can boost your operational efficiency by over 45%.
Application development, accelerated by generative AI, is your key to building better products, modernizing applications, and unlocking faster time-to-market.
View testimonials and reviews from our global clients who have accelerated their innovation with Turing.
Talk to one of our solutions architects and start your underwriting automation project.
Turing's Underwriting AI Engine automates the medical and life insurance underwriting process using technologies like OCR and LLMs. It speeds up document review, risk categorization, and decision-making, reducing underwriting time and operational costs.
Yes, the AI engine can analyze complex medical documents and provide intelligent insights to handle high-risk cases, streamlining the decision-making process for underwriters.
The AI engine quickly and accurately analyzes medical documents for automated policy underwriting and approval decisions, boosting efficiency by over 45%.
Turing's AI engine adheres to industry standards such as ICD coding and ensures compliance with medical and insurance regulations, reducing the risk of non-compliance.