Underwriting and Claims Text Analytics

Using Amenity, a major insurance company was able to create automated alerts of real-time events that impact its underwriting and claims processes.

Risk
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The Project

Using Amenity's data analytics tools, a major insurance company created automated extractions of real-time events that impact underwriting and claims decisions. Amenity parsed information from a variety of sources to create an emerging risk model that provides up to date information on areas of exposure in the insurance and legal ecosystem.

The Results

The real-time “watchdog” system scans the environment and populates underwriting and claims platforms with extractions from transcripts, news, SEC filings, and court cases regarding dangerous precedents and specific events that need to be examined. These highlights determine the impact on underwriting, claims and business development decisions across the company.

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