Intelligent Document Processing for Insurance Providers
Accelerate claims processing, enhance policy management, and streamline underwriting with NovaCore's AI-powered document intelligence platform designed for insurers, brokers, and claims adjusters.
Transform Document Processing for Insurance
NovaCore's AI-powered platform tackles the unique document challenges faced by insurance providers, from claims processing to policy management
75% Faster Claims Processing
Automate extraction and validation of claim details, damage assessments, and supporting documentation to accelerate settlement times and improve customer satisfaction.
99.8% Accuracy Rate
Achieve industry-leading accuracy in document data extraction, reducing manual review requirements and minimizing claim processing errors that impact profitability.
Full Compliance
Meet regulatory requirements with comprehensive audit trails, data retention policies, and security controls designed for insurance industry standards.
Advancing Insurance Operations with NovaCore AI
Explore how intelligent document processing and contextual understanding streamline insurance workflows, enhance customer experiences, and drive operational efficiency across all lines of business.
Automated Claims Processing & Adjudication
Streamline the entire claims lifecycle from FNOL (First Notice of Loss) to settlement. Our AI automatically extracts key information from claim forms, photos, repair estimates, medical records, and supporting documentation. Intelligent routing ensures claims reach the right adjusters while fraud detection algorithms flag suspicious patterns for investigation.
Reduce average claim cycle time by 75%
Automate FNOL data extraction and validation
Intelligent claim routing and priority scoring
Built-in fraud detection and pattern analysis
Seamless integration with existing claim management systems
Intelligent Policy Management & Underwriting
Transform policy administration and underwriting processes with automated document analysis. Extract critical information from applications, supporting documents, and risk assessment materials. Generate comprehensive risk profiles and automate routine underwriting decisions while flagging complex cases for manual review.
Accelerate policy issuance by 60%
Automated risk assessment and scoring
Extract data from applications and supporting docs
Streamlined renewal and endorsement processing
Intelligent pricing recommendations based on risk factors
Regulatory Compliance & Automated Reporting
Ensure compliance with state and federal regulations through automated document classification, retention management, and reporting. Generate required regulatory filings, track compliance metrics, and maintain comprehensive audit trails for examinations and reviews.
Automated regulatory filing generation
Comprehensive compliance tracking and monitoring
Intelligent document classification and retention
Real-time audit trail maintenance
Streamlined examination preparation and response
Digital Customer Onboarding & KYC
Enhance customer experience with streamlined digital onboarding processes. Automatically extract and verify information from identity documents, financial statements, and application forms. Perform real-time KYC (Know Your Customer) checks and AML (Anti-Money Laundering) compliance screening.
Reduce onboarding time from days to minutes
Automated identity verification and KYC checks
Real-time AML screening and compliance validation
Digital document collection and processing
Improved customer experience with mobile-first design
Broker & Agency Management Support
Empower your distribution channels with intelligent document processing tools. Automate commission processing, agent onboarding, and performance reporting. Provide brokers and agents with self-service portals for quote generation, policy management, and customer support.
Automated commission calculation and processing
Streamlined agent onboarding and credentialing
Real-time performance analytics and reporting
Self-service broker/agent portals
Integrated quote-to-bind workflow automation
Insurance Documents We Process
Our platform handles all types of insurance documents with industry-leading accuracy, from routine claims to complex policy documents and regulatory filings.
Insurance Claims
Extract claim details, damage assessments, and policyholder information from ACORD forms, claim submissions, and supporting documentation.
Policy Documents
Process insurance policies to extract coverage details, premium information, policy terms, and endorsement data with high precision.
Underwriting Documents
Analyze risk assessment forms, inspection reports, financial statements, and other underwriting materials for automated decision support.
Medical Records
Extract vital information from medical records, treatment reports, and health assessments for health and disability insurance processing.
Agent & Broker Forms
Process agent applications, broker agreements, commission statements, and licensing documentation for distribution management.
Regulatory Filings
Manage compliance documents, state filings, regulatory reports, and examination materials with accuracy and comprehensive audit trails.
Meeting Insurance Industry Compliance Requirements
NovaCore is designed to meet the rigorous security, privacy, and regulatory requirements of the insurance industry, ensuring your operations remain compliant and secure.
Industry Security Standards
SOC2 Type II compliance, GDPR compliance, and enterprise-grade security controls protect sensitive customer and business data throughout the document processing lifecycle.
Regulatory Compliance Automation
Automated compliance tracking, regulatory filing generation, and comprehensive audit trails ensure adherence to state and federal insurance regulations across all jurisdictions.
Data Governance & Retention
Configurable data retention policies, automated document classification, and intelligent archiving ensure compliance with insurance industry record-keeping requirements and litigation holds.
Ready to Transform Your Insurance Document Processing?
Join leading insurance providers using NovaCore to automate document workflows, accelerate claims processing, and enhance customer experiences.