Product managers and underwriters in insurance companies have to regularly check large amounts of text with a high manual effort. A conventional search can only provide limited support here, as each person describes a subject matter in different words. This is especially true for coverage of major risks, invitations to tender and special agreements, wordings or master agreements individually requested by brokers. These must then be compared with internally defined underwriting guidelines and clauses that have already been accepted or rejected.
And this is exactly what we have developed our AI semantha® for: It understands text by its meaning, regardless of the choice of words – this is how you find the content you are looking for, no matter how it is formulated.
With semantha®, you save 45% of the time needed to check risks according to our experience to date. Interested parties receive their offers very quickly and your experts can concentrate on value-adding activities such as the acquisition of new customers and new concepts.